BSEIndia
      Close  
NOTICES
Notice No.   20230512-1   Notice Date   12 May 2023
Category   Trading   Segment   Mutual Fund
Subject   Acceptance of transactions only from Empanelled Distributors with AMC’s on BSE StAR MF Platform
Attachments   AMFI Circular No 107.pdf ;
Content

This is with reference to “AMFI Best Practices Guidelines Circular No. 107 / 2023-24 dated May 4, 2023 regarding acceptance of business only from empanelled Distributors”.

Members are hereby advised to ensure that before executing any subscriptions (Fresh/Additional Purchase/SIP/STP) or Switch transactions on BSE StAR MF platform, members should be duly empanelled with the respective AMCs.

Further, the below process is followed by RTAs for processing of transactions for non-empanelled members:

Transaction Type

Transaction Allotment

Non Demat Mode Allotment

Demat Mode Allotment

Fresh/Additional Purchase

DIRECT PLAN

REJECTION

Existing SIPs

DIRECT PLAN

REJECTION

Switch

DIRECT PLAN

REJECTION

Existing STPs

DIRECT PLAN

REJECTION

Redemption/SWP

No Impact

No Impact

Members are hereby requested to take note of the above. AMFI Circular is attached herewith for reference.

Members can reach us through our Mutual fund Helpdesk numbers on 022-45720450 and 022-45720650 on business day between 8:00am to 7:00pm.  You can also raise your queries on our CRS portal: - https://bsecrs.bseindia.com

 

Ketan Jantre                                                Zeeta Eustace

Chief General Manager – Mutual Funds   Dy. General Manager – Mutual Funds