This is with reference to Notice No. 20220621-41 and 20220622-30 dated 21st June 2022 and 22nd June 2022 respectively, regarding temporary suspension of subscription for certain overseas funds of MUTUAL FUND on BSE StAR MF Platform.
MFIs/MFDs/RIAs are hereby informed that, as per communication received from the following Mutual Funds, temporary suspension for acceptance of the transactions under Mutual funds schemes are revoked with effect from June 23, 2022. Please refer the scheme details attached here as Annexure I.
- INVESCO MUTUAL FUND
- HDFC MUTUAL FUND
- KOTAK MAHINDRA MUTUAL FUND
As confirmed by AMCs, the said schemes are getting re-open for lump-sum subscription, Switch-In & Fresh Systematic Registration (SIPs/XSIPs) including systematic transfer plan on BSE StAR MF Platform.
Further, as per communication received from Motilal Oswal AMC, continuing the previous intimation, existing Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP/AMC STP) shall not be accepted and processed. Also, the schemes are not getting re-open for lump-sum subscription, Switch-In & Fresh Systematic Registration (SIPs/XSIPs) including systematic transfer plan on BSE StAR MF Platform.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |