Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
The facility to create standing instructions for Systematic Withdrawal Plans and Systematic Transfer Plans is extended to mutual fund units held in demat form. Phase I will enable unit-based instructions for redemption or transfer of a fixed number of units at specified intervals, to be implemented by January 31, 2027. Phase II will enable amount-based instructions for fixed periodic payouts or purchases in another scheme of the same mutual fund, to be implemented by April 30, 2027. Depositories must act as nodal facilitators, jointly publish an operational framework by October 31, 2026, amend relevant rules, make necessary system changes, and publish the circular. The circular takes immediate effect.
Note: It is a system-generated summary and is for quick reference only.