New account
Aadhaar based and paperless, it takes most people 10 to 15 minutes in one sitting.
You will be redirected to Motilal Oswal, our partner, to open the account. Zenith does not collect your KYC data on this site.
Opens the Motilal Oswal eKYC portal in a new tab. Zenith is recorded on the form as your distributor.
Section one
Two of the four routes open online right now. The other two are opened by a person at Zenith, because the documents have to be collected and checked. That split is real, so the page shows it rather than hiding it behind four identical boxes.
Open online now
For yourself, in your own name, single or joint. Mutual funds, bonds and the rest of what Zenith distributes sit under this one account.
For somebody buying a term or health policy and nothing else. A shorter KYC under the insurance regulator, with no investment account attached.
A person at Zenith opens these
HUF, private limited company, LLP, partnership firm or trust. The entity documents and the beneficial ownership declaration have to be checked by hand, so there is no online link for this and we will not pretend otherwise.
Send the entity name and constitution, or call. Rajesh ji will tell you the exact list for your constitution before you gather anything. Write to support@thezenithwealth.com or call +91 88841 30501.
If you live outside India, the account carries NRE and NRO banking, repatriation rules and, for some countries, restrictions from the fund house side. Those are decided before the form is filled, not during it.
Call or write with the country you are resident in. Residents of the United States and Canada, please read the FAQ below first. Write to support@thezenithwealth.com or call +91 88841 30501.
Section two
Three questions, answered in any order, changeable at any time. Nothing is captured and nothing is sent anywhere. The answer appears beside them as you tap.
The four routes
Here is the whole map while you decide. Answer any one of the three questions and this panel narrows to the route that fits, with the documents it needs and the action for it.
Individual investment account
Most readers. Opens online, in your own name.
Insurance only KYC
A term or health policy and nothing else. Opens online.
Non individual
HUF, company, LLP, firm or trust. Opened by a person here.
NRI
Resident outside India. Opened by a person here.
Section three
Gather these first and the eKYC runs in one sitting. Tap an item to tick it off, so you can hold the phone in one hand while the laptop does the form.
Individual investment account
0 of 7 ready
Nothing is posted or couriered. Photographs taken on a phone are accepted as long as all four corners and the text are readable.
Section four
Six steps from the first form to the first investment. The timings below are what the process usually takes, not what a brochure would like it to take. A KYC registration agency controls step four, and nobody can promise its clock.
10 to 15 minutes
Personal details, bank details, nominee and the FATCA declaration, on the partner portal rather than on this site. Zenith is already recorded on it as your distributor.
About 2 minutes
The password goes to the mobile number linked to your Aadhaar. If it does not arrive, the number is probably not linked, and the FAQ below covers what to do.
2 to 3 minutes, same sitting
Where the rules require one, you read a code aloud on camera and hold up your PAN. It is short, it is not a test, and it can be re recorded.
1 to 3 working days
The registry validates the record centrally. This step is not in the hands of anybody at Zenith or at Motilal Oswal, which is why this page does not promise a same day account.
Usually the same day as validation
You get the confirmation from the portal, and a message from us saying it is open and what the folio arrangement looks like.
When you decide, not before
You authorise the payment from your own bank account and it goes to the fund house. Money never moves through Zenith, and there is no rush at this step.
At step six, money moves from your own bank account to the fund house. It never moves through Zenith, and Zenith cannot place a transaction that you have not authorised from your own bank.
Section five
KYC in India is held centrally, at a KYC Registration Agency and at CKYC, not by each firm separately. If you completed KYC for a bank account or an earlier mutual fund investment, you are probably already registered, and the eKYC becomes a validation rather than a fresh start. Check your own status first, in two minutes, without asking anybody.
Validated
Your KYC was completed with Aadhaar and the details match the central record. You can invest across fund houses with nothing further to submit.
Registered
You are on the registry, but the KYC was done with a document other than Aadhaar. Existing folios keep working. A new fund house will usually ask you to re validate once.
On hold
Something did not match, commonly an address or a mobile number. New investments are blocked until it is cleared. It is fixable, and it is better found now than at the payment screen.
If it says no record found, this is your first KYC and the individual route is the right one. If it says on hold, call before starting, because the fix is faster than the form.
Section six
Not with Zenith. Units are held in your own name in a folio with the fund house, the money moves from your bank to the fund house directly, and your KYC data sits with the registration agency. Zenith appears on the account as the distributor of record under ARN-331900, beside the flow rather than inside it.
Step one
Your bank account
Money leaves from here, in your name, on your mandate.
Step two
The fund house
Receives the money and allots units. It also holds the scheme assets with its own custodian.
Step three
Registrar and your folio
Units recorded in your own name. Statements come to you from here, not from us.
Zenith Wealth
Distributor of record, ARN-331900. Helps you choose and transact, holds no money and no units, and cannot withdraw from your folio.
KYC Registration Agency
Holds your KYC record centrally. Zenith does not store your PAN and Aadhaar data on this website.
You can stop using Zenith whenever you like and keep every unit you hold. Changing the distributor on a folio, or moving to direct, does not touch your investment.
Section seven
Nothing. There is no fee to open the account, no charge for the KYC, no paperwork fee and no annual charge from Zenith. Zenith is paid a trail commission by the fund house out of the scheme's expense ratio, which is disclosed in the scheme documents. Here is the honest comparison.
| What is being compared | Regular plan, through Zenith | Direct plan, on your own |
|---|---|---|
| To open the account | No charge. No fee for the KYC, the paperwork or the account itself. | No charge either. You do the work of choosing and transacting yourself. |
| Annual charge from Zenith | None. Zenith does not bill you. | None. |
| Who pays Zenith | The fund house pays a trail commission out of the scheme expense ratio. | Nobody. There is no distributor on the folio. |
| Expense ratio of the scheme | Higher, by the distribution cost. Disclosed in the scheme information document and on the fund house site. | Lower by that same distribution cost. |
| What you get for it | One named person answerable for transactions, KYC changes, nominee updates, statements and redemptions. | You handle each fund house, each portal and each correction yourself. |
| Leaving | You can remove Zenith as distributor at any time and keep every unit. | Not applicable. |
The difference between the two plans is the distribution cost inside the expense ratio, and it is the price of having somebody answerable when something needs doing. If you would rather hold direct plans, that is a legitimate choice and this page is not the place to argue with it. Every registration number we hold can be checked on the verify our registrations page.
No. Mutual fund units can be held in a statement of account folio with the fund house, in your own name, with no demat account and no annual maintenance charge. A demat account is only needed if you specifically want units held in demat form, or if you are buying listed products such as bonds.
Often not. KYC is held centrally at a KYC Registration Agency, so a KYC completed for a bank account or an earlier fund investment usually already exists against your PAN. Check the status with your PAN at any KRA site first. If it reads validated, the eKYC becomes a short validation rather than a fresh registration.
They open their own account, in their own name, with their own PAN and Aadhaar. You can sit beside them while they do it, and you can be named as nominee if they choose. Nobody can complete another adult's Aadhaar authentication for them, and no legitimate portal will let you.
The one time password will not reach you and the Aadhaar route stops there. Link the number at an Aadhaar enrolment centre, which takes a short visit, and then start the eKYC. Alternatively call us and we will take you through the offline document route, which is slower but does not depend on the linked number.
Sometimes. Many fund houses do not accept applications from residents of the United States and Canada because of FATCA reporting obligations, and the ones that do impose conditions. Call before gathering documents so we can tell you which fund houses are open to you as of today.
You submit a change of distributor request to the fund house, or move the folio to direct. It is your folio and your decision, it costs nothing, and you keep every unit you hold.
None. Zenith charges you nothing for opening the account, for the KYC or for the paperwork afterwards. Zenith is paid a trail commission by the fund house out of the scheme expense ratio, which is disclosed. The comparison table above sets out the difference against a direct plan.
For the individual and insurance routes, no. Everything is uploaded as a photograph or a scan during the eKYC. Non individual and NRI accounts sometimes need attested copies, and we will tell you exactly which ones before you arrange them.
Yes, at any time, and you should keep it current. A nominee change is a short request to the fund house, and we will do it with you. Leaving a folio without a nominee makes life materially harder for your family later.
No. Payment goes from your own bank account to the fund house, and redemptions come back to that same bank account. Zenith is the distributor of record on the folio under ARN-331900 and cannot move money or units. If anybody ever asks you to transfer money to Zenith or to a person, stop and call the number on this page.
Still not sure
If you would rather ask two questions before you type a PAN anywhere, that is the sensible instinct. Call and ask them. Nobody will push you to open anything on the call.
Phone answered 9am–7pm IST, Mon–Sat. Offices in Udaipur and Bengaluru.
