Facilitating transactions in Mutual Fund schemes through the Stock Exchange infrastructure

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..... litating transactions in Mutual Fund schemes through the Stock Exchange infrastructure 1. SEBI vide circular SEBI /IMD / CIR No.11/183204/ 2009 dated November 13, 2009 has permitted units of mutual fund schemes to be transacted through registered stock brokers of recognized stock exchanges. 2. In order to provide more avenues for purchasing and redeeming Mutual Fund units, in addition to th .....

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..... ker/clearing member (in case of redemption) and broker/clearing member in turn to the respective investor and similarly units shall be credited by MF/AMC into broker/clearing member s pool account (in case of purchase) and broker/clearing member in turn to the respective investor. 3.2 Payment of redemption proceeds to the broker/clearing members by MF/AMC shall discharge MF/AMC of its obligatio .....

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..... handling mechanism to the extent they relate to disputes between their respective regulated entity and their client and shall also monitor the compliance of code of conduct specified in the SEBI Circulars MFD/CIR/20/23230/02 dated November 28, 2002 and SEBI/IMD/08/174648/2009 dated August 27, 2009 regarding empanelment and code of conduct for intermediaries of Mutual Funds. 5. The respective s .....

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