Listing of Mutual Funds/ETF

List of documents / details to be submitted for In-principle approval

A. Certified true copy of the following Agreements / documents:
  • Draft Scheme Information Document (SID). Hard as well as soft copy.
  • Statement of Additional Information (SAI).
  • Investment Management Agreement. (In case of 1st Listing)
  • Certification of registration of Mutual Fund issued by SEBI. (In case of 1st Listing)
  • Custodian Agreement. (In case of 1st Listing)
  • R & T Agreement. (In case of 1st Listing)
  • Resolution passed by trustee at their meeting approving listing of units of Mutual Fund Scheme on the Bombay Stock Exchange.
    • The Exchange reserves the right to ask for documents other than those mentioned above.

    Processing fees as follows

    Particulars Fees Amount
    Processing Fees  
    Per Single Scheme Information Document (SID) Rs. 10,000 /-

      * Applicable Tax is payable on the Processing fees at the applicable rate

B. List of documents / details to be submitted for Listing of units of Mutual Fund Schemes (Post allotment of units)

  • Letter of Application for listing of units of Mutual Fund Scheme.
  • Details of the applicant (In case of 1st Issue/Listing) and Issue Details. (enclosed as Annexure I)
  • Certified True Copy of the Due Diligence Certificate submitted to SEBI.
  • Certified True Copy of observations / comments received from SEBI on the Scheme Information Document (SID)
  • Certified true copy of the Final Scheme Information Document (SID) (soft copy also required)
  • Unitholding pattern of Unitholders of the Scheme
  • Confirmation from the CEO / Compliance officer regarding allotment of units and the actual no. of units allotted.
  • Statement of Collection details
  • Listing Agreement (In case of 1st Listing)
  • Confirmation regarding compliance with SEBI (Mutual Funds) Regulations, 1996 from the AMC and all the subsequent circulars of the Regulator/s in this respect.
  • Confirmation from NSDL and CDSL (ISIN activation)
  • Confirmation from RTA on the final number of units to be allotted with NSDL, to be allotted with CDSL and to be issued under physical form.
  • Undertaking from the RTA on the units considered under switches that they have debited the units from the respective schemes and credited the applicable units in this scheme(if applicable).
  • Confirmation received from NSDL / CDSL for credit.
  • Confirmation from RTA regarding dispatch of Certificates / Account statement/refund order.
  • Annual listing fees plus Service Tax (As mentioned below)

Mutual Funds Fees

SI.NO. Particulars Norms
1 Initial Listing Fees NIL
2 Annual Listing Fee- for tenure of the scheme Payable per month or part there of
3 Issue size up to Rs.50 Crs. Rs.1,000/-
4 Above Rs.50 Crs. and up to Rs.100 Crs. Rs.1,300/-
5 Above Rs.100 Crs. and up to Rs.300 Crs, Rs.2,800/-
6 Above Rs.300 Crs. and up to Rs.500 Crs. Rs.5,300/-
7 Above Rs.500 Crs. and up to Rs.1000 Crs. Rs.9,300/-
8 Above 1000 Crs. Rs.14,800/-

* Applicable Tax is payable on the Processing fees at the applicable rate
  • For tenure beyond One month, fees are payable for one month or any part thereof
  • .

What is ETF?

An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold.

ETF have higher liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors

An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day.

Most ETFs track an index, such as a stock index or bond index. ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features.

Exchange Traded Funds are essentially Index Funds that are listed and traded on exchanges like stocks. Until the development of ETFs, this was not possible before.

Worldwide ETFs have opened a new investment opportunities to Retail and Institutional Money Managers.

They enable investors to gain broad exposure to entire stock markets in different Countries and specific sectors with relative ease, on a real-time basis and at a lower cost than many other forms of investing.


Investors get the diversification of an index fund as well as the ability to sell short, buy on margin and purchase as little as one share

The expense ratios for most ETFs are lower than those of the average mutual fund. When buying and selling ETFs, you have to pay the same commission to your broker that you'd pay on any regular order. They are low cost.

ETFs are like any other index fund, wherein, subscription / redemption of units work on the concept of exchange with underlying securities instead of cash (for large deals).

Since an ETF is listed on an Exchange, costs of distribution are much lower and the reach is wider. These savings in cost are passed on to the investors in the form of lower costs. Further, the structure helps reduce collection, disbursement and other processing charges.

ETFs protect long-term investors from inflows and outflows of short-term investors. This is because the fund does not incur extra transaction cost for buying/selling the index shares due to frequent subscriptions and redemptions