Can units under the Plans be held partially in physical and demat form by the Unit holder?
Yes. However, Unit holders must use separate application forms for investing simultaneously in both i.e. physical form and demat form. • Will these units be automatically listed on a stock exchange? The Units issued in demat form will be listed on the capital market segment of the National Stock Exchange of India Limited (NSE) within 30 days from the closure of NFO. In case a Unit holder wants to hold units in a demat form he will have to give the details of his demat account in the space provided in the application form. It will not be automatically allotted in demat form without the requisite details. • Is it possible to redeem units before maturity of the FMP? No, the units cannot be redeemed before maturity directly with the Fund. However the units held in demat form can be redeemed (sold) on a continuous basis on NSE. • If an investor is willing to hold on till maturity, Does he needs a demat account? No. He can hold the units as per the current form. He will get the redemption pr
Yes. However, Unit holders must use separate application forms for investing simultaneously in both i.e. physical form and demat form. • Will these units be automatically listed on a stock exchange? The Units issued in demat form will be listed on the capital market segment of the National Stock Exchange of India Limited (NSE) within 30 days from the closure of NFO. In case a Unit holder wants to hold units in a demat form he will have to give the details of his demat account in the space provided in the application form. It will not be automatically allotted in demat form without the requisite details. • Is it possible to redeem units before maturity of the FMP? No, the units cannot be redeemed before maturity directly with the Fund. However the units held in demat form can be redeemed (sold) on a continuous basis on NSE. • If an investor is willing to hold on till maturity, Does he needs a demat account? No. He can hold the units as per the current form. He will get the redemption pr
