This is in continuation to the Notice No. 20230109-49, 20230120-47 and 20230323-59 dated January 9, 2023, January 10, 2023 and March 23, 2023 respectively with regards to ‘Two-Factor Authentication for Subscription transactions in units of Mutual Funds on BSE StAR MF Platform’.
MFIs/MFDs/RIAs are hereby informed that Exchange shall start deploying the changes in system on March 31, 2023 after market hours. 2FA in Purchase and SIP Registrations shall be applicable with effect from April 1, 2023.
Members are requested to note that, downtime for BSE StAR MF platform has been revised. BSE StAR MF Platform shall not be available to members from Friday March 31, 2023 03:00 PM onwards till April 1, 2023 11:00 AM.
Members are hereby requested to note :
All validations and process mentioned in the notices mentioned above shall be applicable for Non-Demat transactions for individual category only.
Two Factor Authentication(2FA) shall not be applicable for all these existing systematic registrations and their subsequent installment order getting triggered from April 1, 2023 onwards.
There shall be no impact to the transactions received in Demat mode.
Two Factor Authentication(2FA) shall not be applicable for all systematic registrations received till March 31, 2023 during the market hours.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |