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Third Party Form submissionNo. of comments:3 chandrashekhar kulkarni, nashik, 15259 On 27-Apr-2015

what is the point in submission of Third party form,every time to purchase in HDFC Children Gift Fund or ICICI child care plan.when father or mothers name is printed on cheque. I don't understand illogical requirement of AMC third party form to be submitted , whenever additional purchase or continuation of SIP. father or mother both are never third party in case of son or daughter. WE IFA should unite & demand AMFI to abolish such nonsense requirement. I can agree in case grand father or grand mother donating money in favor of grand son or daughter then they are third party. Only then Third Party form submission required. I request all IFAs unite on this subject to & wealthforum should take Initiative.

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Comments Posted

NAVIN KUMAR ARN NO :83441 PATNA, 01 May 2015

They do not understand the logic of ill-logical rule. What to say ?

rajesh r shah ARN NO :16529 khambhat, 01 May 2015

as per child care plan are most benifited for all (for amc advisor and investor but u t i amc asking orignal investment proof when child is major and he is redeem the unit with kyc,bank attestion with bank a/c,with gardian signed as a doner. when doner-gardian signed for his child for the redeem the unit what is the doubt for child.when child kyc is ok with pancard with address proof with bank manager signed as a attested , i think that after long time uti amc has no intrest to pay money to investor.

Deepak R Khemani ARN NO :7707 MUMBAI, 30 Apr 2015

I am surprised my clients investments in the same funds with name printed have NEVER asked for 3rd party payment form. Please follow up with higher authorities in HDFC MF or ICICI MF.