安裝中文字典英文字典辭典工具!
安裝中文字典英文字典辭典工具!
|
- SEBI Issues Circular in Regard to E-Wallet Investments in Mutual Funds
Wallet for Investment in Mutual Funds within the umbrella limit of INR 50,000 for investments by an investor through both E-Wallet and or cash, per Mutual Fund per financial year Following the context, it is to be ensured that all E-Wallets are fully compliant with KYC norms as prescribed by the Reserve Bank of India (RBI)
- Investments up to Rs 50,000 per mutual fund can be made using your e . . .
For making investments in mutual funds, your e-wallets should be loaded with cash either through a debit card or net banking facility Now, investors can buy mutual funds worth up to Rs 50000
- Instant Access Facility use of e-wallet for investments in Mutual Funds
Further, this limit of INR 50,000 would be an umbrella limit for investment by an investor through e-wallet and or cash, per mutual fund per financial year 2 Amendments to Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012
- SEBI mandates E-wallet compliance with KYC norms vide E-wallet . . .
Through the SEBI circular dated 8-5-2017, investors were allowed to invest in MFs per financial year using e-wallet and or cash, within the umbrella limit of Rs 50,000 For facilitating the same, now, SEBI directed to ensure that all e-wallets are fully compliant with KYC norms
- Now investors can buy mutual funds through e-wallets
SEBI further said that Rs50,000 would be an umbrella limit for investment through e-wallet and or cash, per mutual fund per financial year This means, investors can invest only up to Rs50,000 in a financial year in mutual funds even with multiple wallets
- E wallets mutual funds: E-wallets for investing in mutual funds should . . .
The Securities and Exchange Board of India, in its circular dated May 8, 2017, allowed the use of e-wallets for investment in mutual funds within the umbrella limit of Rs 50,000 for investments by investors, especially the young generation -- to purchase these instruments through both e-wallet and or cash per mutual fund per financial year
- INSTANT ACCESS FACILITY AND USE OF E-WALLET FOR INVESTMENT IN MUTUAL FUNDS
MFs AMCs shall ensure that total subscription through e-wallets for an investor is restricted to INR 50,000 - per MF per financial year Further, in partial modification by SEBI, the limit of INR 50,000 - would be an umbrella limit for investments by an investor through both e-wallet and or cash, per MF per financial year MFs AMCs shall
- Investors can buy mutual funds through digital wallets: Sebi
The limit of Rs 50,000 would be an umbrella limit for investment by an investor through e-wallet and or cash, per mutual fund, Sebi said in a release Besides, mutual funds and asset management companies have been allowed to provide instant online access facility to resident individual investors in liquid schemes
|
|
|