TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Circular Allows Mutual Fund Distributors to Use Stock Exchange for Direct Transactions, Protects Investor Interests.</h1> The circular issued by SEBI on December 9, 2014, allows Mutual Fund Distributors to use stock exchange infrastructure for purchasing and redeeming mutual fund units directly from Mutual Fund/Asset Management Companies for their clients. It specifies that distributors cannot handle funds or units on behalf of investors. The stock exchange must ensure direct transactions between clearing corporations and investors' accounts. The circular also permits non-demat transactions through the stock exchange platform while maintaining other existing provisions. This measure aims to protect investor interests and promote securities market development under the SEBI Act, 1992.
TaxTMI 
TaxTMI 
