This is with reference to our Notice No. 20200704-4 dated July 04, 2020 with regards to “Discontinuation of ISIP on BSE StAR MF Platform”.
MFIs/MFDs/RIAs are hereby informed that Exchange is in the process of discontinuing fresh ISIP registrations on BSE StAR MF platform with effect from August 31, 2024.
All existing ISIP instalments shall be triggered and processed till the same are shifted to new NACH/E NACH mandate.
Members are requested to shift all their existing ISIP registrations to any of the approved NACH/E NACH mandate. Once the ISIP Registrations are shifted to the new mandate ID (NACH/E NACH), all future collection shall happen from the new mandate ID as per the existing process.
Manual as well as bulk upload facility has been provided to shift ISIP registrations to XSIP.
Please find below the link to the notice issued for shifting of mandate:
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200704-4
All members 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.
For any query on the BSE StAR MF platform, you can reach us through our service centre on 022-45720450 & 022-45720650 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
Head - Trading Operations Additional General Manager – Mutual Funds |