Economic TimesLean R·
Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings
The market regulator, Sebi, on Friday eased mutual fund investing by allowing SWP and STP standing instructions for demat holdings to facilitate ease of doing business.According to a circular, mutual Fund investors can avail the facility of SWP by creating standing instructions with mutual fund or its RTA for periodic redemption of specified number of mutual fund units or amount. Also Read | AMFI simplifies mutual fund transmission process to make claim settlement easier for nominees The invest…
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