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| NOTICES |
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| Notice No. |
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20240726-44 |
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Notice Date |
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26 Jul 2024 |
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| Category |
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Settlement/RMS |
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Segment |
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Mutual Fund |
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| Subject |
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Redemption Funds payout for Non-Demat Redemption Orders on BseStar MF |
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| Content |
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In continuation to Exchange notice number 20240613-52 dated 13the June 2024 w.r.t. Discontinuation of usage of pool accounts for transactions in units of mutual funds on BSE StAR MF Platform, all Market participants are hereby informed that redemption funds payout for Non-Demat Redemption Transactions/SWP, RTAs/AMCs will directly be credited to the bank account of respective Clients as per scheme TAT.
Market participants can view the redemption payout details from the report available at the below path on BseStar MF:
“Daily Downloads-New Reports-Member Reports-Redemption Payout Date Report Physical”
For Indian Clearing Corporation Ltd.
Mehul Parikh – ADGM Jayesh Ashtekar- DGM
Mutual Funds Mutual Funds |
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