Yes, If the details mentioned are Incorrect or incomplete in KYC then the Purchase can be rejected by the mutual fund company.
How is NAV calculated?
I am unable to invest through FreeCharge
How can I pay for the fund which I want to purchase?
How do I redeem my investment?
Can I redeem anytime?
What are the various payment options available for investing?
Will I be charged extra for investing through Freecharge
Is there any entry or exit load?
What is a Mutual Fund ?
What is the minimum and maximum withdrawal limit for Instant Redemption facility