Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are the units of the eligible schemes of HDFC Mutual Fund listed on BSE & NSE? Can the units be traded on the stock exchange(s)?

0
Posted

Are the units of the eligible schemes of HDFC Mutual Fund listed on BSE & NSE? Can the units be traded on the stock exchange(s)?

0

No, the units of eligible Schemes of HDFC Mutual Fund are not listed on BSE & NSE and the same cannot be traded on the Stock Exchange. • Where does the investor go to transact in units of HDFC Mutual Fund Schemes through the stock exchange? The investor has to approach a Trading Member of Bombay Stock Exchange (“BSE”) or National Stock Exchange (“NSE”) (who is registered with AMFI as Mutual Fund Advisor and who has signed up with HDFC Asset Management Company Limited and also registered with BSE & NSE as Participant) for availing this facility. • Does the trading member of BSE or NSE have to be AMFI certified or empanelled with HDFC Asset Management Company Limited (“HDFC AMC”) or registered with BSE & NSE to offer this facility? Yes the trading member has to have an AMFI Registration Number (ARN) and has to be empanelled with HDFC AMC and also registered with BSE & NSE as Participant to offer this facility. • The units can be purchased/redeemed only if the investor has a demat account

0

No, the units of eligible Schemes of HDFC Mutual Fund are not listed on BSE & NSE and the same cannot be traded on the Stock Exchange.

0

No, the units of eligible Schemes of HDFC Mutual Fund are not listed on BSE & NSE and the same cannot be traded on the Stock Exchange. • Where does the investor go to transact in units of HDFC Mutual Fund Schemes through the stock exchange? The investor has to approach a Trading Member of Bombay Stock Exchange (“BSE”) or National Stock Exchange (“NSE”) (who is registered with AMFI as Mutual Fund Advisor and who has signed up with HDFC Asset Management Company Limited and also registered with BSE & NSE as Participant) for availing this facility. • Does the trading member of BSE or NSE have to be AMFI certified or empanelled with HDFC Asset Management Company Limited (“HDFC AMC”) or registered with BSE & NSE to offer this facility? Yes the trading member has to have an AMFI Registration Number (ARN) and has to be empanelled with HDFC AMC and also registered with BSE & NSE as Participant to offer this facility. • The units can be purchased/redeemed only if the investor has a demat account

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123