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Additional mode of payment through Applications Supported by Blocked Amount (hereinafter referred to as “ASBA”) in Mutual Funds

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Full Text of the Document

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....Cir/IMD/DF/6/2010 July 28, 2010 All Mutual Funds, Asset Management Companies (AMCs) Sir/Madam, Sub: Additional mode of payment through Applications Supported by Blocked Amount (hereinafter referre....

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.... it has been decided that Mutual Funds / AMCs shall provide ASBA facility to investors for all NFOs launched on or after October 1, 2010. 3. This circular is issued in exercise of powers conferred un....

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