New Delhi, April 2 --

What makes the process cumbersome?



In India, CDSL Ventures Ltd (CVL) is granted recognition by Sebi to act as an accreditation agency for investors. The person will have to carry out the accreditation process on his own, visit the CVL portal, and submit proof of identity, such as PAN, Aadhaar card or passport. They also need to submit copies of IT returns and net worth certificates from a practising CA. It takes three business days for an investor to get the certificate of accreditation. The certificate is provided for two or three years depending on the documents furnished. There is a fee to get the certificate, which is Rs.12,000 for two years.

Also read | Mint Primer: Can tariffs bring back US auto's past gl...