Investors now have to pay Rs. SEBI approves for direct investment through stock exchanges in funds

-

Mumbai, Ta. 27 February 2020, Thursday

Investors will soon be able to invest in mutual funds directly through stock markets. Investors will no longer need the help of their distributors or Registered Investment Advisors (RIAs). The Securities and Exchange Board of India, the regulator of the capital markets, has asked the stock exchanges-stock exchanges to allow the purchase and sale of mutual funds directly to investors on their platforms.

With this decision of SEBI, SEBI has confirmed the competition with Mutual Fund Utility (MFU), the official platform of the mutual fund industry, introduced by mutual funds through the Association of Mutual Funds of India (Amphi) in Year 7. This allows investors to invest in mutual funds through direct plans of mutual funds with the direct use of MFUs.

BSE Star MF (BSE Ltd) and NMF to J Direct Plans offer share market platforms. But there were some limitations, in which direct plans were available on the stock markets to investors who invested in mutual funds through SEBI-registered RIAs. In the same way that investors invest in mutual funds through distributors on exchanges, the transaction was done through RIAs. Investors would then have to get a weblink from their email, which was then clicked on and paid and the transaction was completed.

In its latest decision, SEBI has made it available to investors on a platform of exchanges, which until now had their own MFUs. Zerodha, Grow and many other platforms allow investors to invest in mutual funds through Zero Fee Direct Plans. Now the question is whether investors will turn to the stock exchange platforms.

At present, the investor can invest in equity and debt funds on the same day's net asset value (NAV) for three o'clock in the afternoon. If the investor wants to invest in a liquid fund, then there is a cut-off time of 5pm, according to which the investor can invest on the previous day's NAV. An additional condition for a liquid fund is that the money must be credited to the mutual fund's account before the cut-off time.

The availability of new means of direct investment through stock exchanges and stock exchanges will enable investors to invest through the official cut-off time.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more