Around 30 of the 100 schemes of UTI Mutual Fund will be listed on the new NSE Mutual Fund platform.
The liquid schemes will not be included among them, said a top UTI official.
For the fund industry, it will be a new technology-driven initiative when UTI MF lists its schemes on Monday on NSE’s new platform – the Mutual Fund Service System (MFSS).
In November 2000 a similar initiative by the Association of Mutual Funds in India made it possible for Indian funds to declare their NAVs on a common platform.
BSE to join soon
Around 10 mutual funds are expected to join NSE’s platform within a week’s time, an NSE official said.
Posts Tagged ‘Mutual Funds’
UTI to be first on NSE mutual fund platform
Now you could trade Mutual Funds on NSE
Sounds interesting after ETF’s now it the time for Mutual Funds to get traded.
The National Stock Exchange on Tuesday announced the introduction of mutual fund service system, a platform on which mutual fund units will be traded through the stock exchange infrastructure, from November 30.
The Bombay Stock Exchange is also developing a similar platform with Central Depository Services.
All trading members of the exchange who are registered with the Association of Mutual Funds of India as mutual fund advisors and who have signed up with specific AMCs will be eligible to participate in MFSS.
Sebi may allow MF units to be traded on exchanges
The move includes new fund offers.
After a series of bad news such as entry load ban, mutual funds may finally get some good news from the market regulator.
The Securities and Exchange Board of India (Sebi) is now planning to enable investors to buy and sell mutual fund units through stock exchanges.
Simple Steps to help you to select the right mutual funds
Simple Step 1: Know your fund
Try answering this question. Do you know the objective of every fund that you have invested in? Probably not!


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Studies have consistently shown that investing in a mix of U.S. and foreign stocks has produced better returns – with less risk – than investing in the U.S.