This is with reference to Notice No. 20121123-4 dated November 23, 2012 regarding “Change in timelines for handling subscription applications in StAR MF of value Rs.2 lakhs and above" and Notice No. 20201202-32 dated December 2, 2020 regarding “Implementation of Uniform Applicability of NAV on BSE StAR MF Platform”.
MFIs /MFDs /RIAs are hereby informed that the upper limit on purchase amount for schemes category of debt and equity on BSE StAR MF has been enhanced to unlimited from Rs. 1,99,999.99. Hence, the regular schemes as well as the L1 schemes shall have the same maximum amount for purchase transactions.
All Mutual Fund Intermediaries (MFIs)/Mutual Fund Distributors (MFDs) using third party vendor solutions and/or in-house developed trading application are hereby requested to take note of the above and arrange to initiate necessary development at their end on a priority.
The effective date of implementation shall be April 1, 2022.
For further queries, you can reach our service centre on 022-45720450, 022-45720650 and 022- 69158550 on business days between 8.00 a.m. to 7.00 p.m. You can also raise your queries on our CRS portal:- https://bsecrs.bseindia.com
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |