Contract note - mutual funds

[Bijay Shrestha]

Dear friends,

1. Whether Contract Notes are required to be issued in case of investment in Mutual Funds ?

2. How can we check Broker's SEBI registration Number in SEBI website ? Please suggest steps.

[DR.MARIAPPAN GOVINDARAJAN]

For both questions 'yes'.

AI Summary

Contract notes for mutual funds are required; broker registration can be verified on the securities regulator's website.
Issuance of contract notes is required for mutual fund investments, and brokers facilitating such purchases must have verifiable registration accessible on the securities regulator's public website; investors may check a broker's registration status online.