Facilitating transaction in Mutual Fund schemes through the Stock Exchange Infrastructure

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hemes through the Stock Exchange Infrastructure. 1. SEBI vide circular no. CIR/MRD/DSA/32/2013 dated October 04, 2013 had permitted Mutual Fund Distributors to use recognised stock exchanges' infrastructure to purchase and redeem mutual fund units directly from Mutual Fund/Asset Management Companies on behalf of their clients. 2. Paragraph 5 of the aforesaid circular is as under Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 6. This Circular is also available on SEBI website at www.sebi.gov.in Yours faithfully, Sunil Kadam General Manager Email: sunilk@sebi.gov.in - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X