The Bombay Stock Exchange (BSE) on September 16, 2024, issued the Clarification for transactions acceptance of September 18, 2024 (Eid-e-Milad) on the BSE StAR MF Platform.
The following has been stated:
• It has informed the MFIs/MFDs/RIAs/RFDs that the system will not reject the SIP orders pertaining to Equity, Debt and Liquid schemes for which the FC file is not uploaded by payment aggregators on September 18, 2024, till 2:30 PM.
• The settlement timings provided in the Table to transfer the funds to the respective AMCs before the deadline time of schemes.
• The MFDs/RFDs may note that the funds received for Liquid (L0) based schemes till 1:00 PM, Debt schemes till 2:30 PM shall be transferred to the AMCs on September 19, 2024.
• The funds received for Liquid T1 type of transactions on September 18, 2024, will be given to the AMCs in the final process on September 19, 2024, at 1:45 pm.
• The Members are requested to inform their clients to deliver the DIS pertaining to the Redemption and Switch orders placed by them for Demat transactions on September 18, 2024, before 4:30 PM, failing which the underlying orders are bound to be rejected.
[Notification No 20240916-22]
