bseindia.com How to Investment in Mutual Funds : Bombay Stock Exchange

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Name of the Organisation: Bombay Stock Exchange (bseindia.com)
Type of Facility : How to Investment in Mutual Funds
Home Page : http://www.bseindia.com

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Mutual Fund

Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.
Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced.

Salient Features :
Browser-based front end
Architecture provides scalable operation and flexible deployment options
Link-ups with both depositories CDSL and NSDL.
Facility for one-time registration of client, Report generation facility.
Branch, Dealer admin creation & client level limit allocation.
Detailed information on various schemes

Eligibility Criteria :
ARN (AMFI Registration No): In the Name of the Firm (Same name in which the member is registered in the cash segment in BSE).
AMFI certificate1
Board resolution
Letter of Application on member’s letter head
Undertaking by member to Exchange (on Rs.200 Stamp paper - Notary not required).
Separate Bank Settlement A/c for MF segment

Activity : T Day/Time
Order capture for subscription and redemption on the BSE STAR MF / 9.30a.m to 3.00 pm
subscription and Redemption Order status report and Final funds obligation Report / 6.30p.m

AMFI Certification now available through BSE’s Training Institute: click http://www.bseindia.com/training/AMFI_adv.asp

Application Form : http://www.bseindia.com/downloads/ab...pplication.zip

See more details get here about invest mutual fund : http://www.bseindia.com/members/BSEstarmf_details.aspx

[Unregistered]

How to fill up the application form of a mutual fund scheme?

An investor must mention clearly his name, address, number of units applied for and such other information as required in the application form. He must give his bank account number so as to avoid any fraudulent encashment of any cheque/draft issued by the mutual fund at a later date for the purpose of dividend or repurchase. Any changes in the address, bank account number, etc at a later date should be informed to the mutual fund immediately.