Wednesday, May 10, 2017

Instant Access Facility & Use of e-wallet for investment in Mutual Funds

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IAF facilitates credit of redemption proceeds in the bank account of the investor on the same day of redemption request. In order to further enhance the reach of Mutual Funds (MFs) towards the retail investors, it has been decided to issue guidelines for extending IAF. MFs/ AMCs may offer IAF subject to the following conditions:

May 10, 2017 at 10:00AM

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from Editor

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