Do I need to get my KYC done every time I want to invest?

SEBI (Securities and Exchange Board of India) has moved towards creating and maintaining a centralised repository of KYC records thus making it an one-time exercise. Once KYC has been done with any of the registered intermediaries (like Mutual Funds, Stock Brokers, Depositories etc.), one is not required to get their KYC done again while investing through another intermediary.

Even if you have got your KYC done with one MF company, you need not get KYC done again while investing with another MF.