Option to hold units in demat form

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Option to hold units in demat form

 

 

Often investors’ request for dematerializing their units is rejected as Depository Participants are not having/ or having incorrect ISIN of each option of the scheme. In this regard, Mutual Funds/AMCs are advised to obtain ISIN for each option of the scheme and quote the respective ISIN along with the name of the scheme, in all Statement of Account/Common Account Statement (CAS) issued to the investors from October 01, 2011 onwards.


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Originally posted by : Jaideep

Good Step...Thanks for Sharing

 

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