https://www.taxtmi.com/circulars?id=58129 Permits mutual fund transactions through recognised stock exchange infrastructure to include non demat transactions while preserving the prohibition on distributors handling pay in and payout of funds and units. Exchanges and clearing corporations must ensure funds pay in are received directly by the recognised clearing corporation and payouts are made directly to investor accounts; under the demat model, units are credited and debited from investors' demat accounts. Other provisions of the prior circular remain unchanged. en-us Tue, 09 Dec 2014 00:00:00 +0530 Sat, 08 Dec 2018 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58129 Permits mutual fund transactions through recognised stock exchange infrastructure to include non demat transactions while preserving the prohibition on distributors handling pay in and payout of funds and units. Exchanges and clearing corporations must ensure funds pay in are received directly by the recognised clearing corporation and payouts are made directly to investor accounts; under the demat model, units are credited and debited from investors' demat accounts. Other provisions of the prior circular remain unchanged. Circulars SEBI Tue, 09 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58129