The units can be purchased/redeemed only if the investor has a demat account?
No. The units transacted through the stock exchange can be purchased and redeemed in the demat as well as the physical form, as per the choice of the investor. • Which schemes can be purchased or sold through this route? CCurrently there are select equity and debt schemes (eligible schemes), which can be purchased and redeemed through this route. There are totally 20 eligible schemes, which are available as of now. Please refer to the Addendum dated December 3, 2009 Introduction of New Facility for Purchase/Redemption of Units through Stock Exchange(s) for the complete list of such eligible schemes. The list of eligible schemes is subject to change from time to time. • Is there any limit for value of transactions, which can be done through this route? Currently transactions i.e. purchase and redemptions of less than Rs 1 crore can only be done through this route. For physical transactions the maximum redemption amount is Rs 1 lac per folio per day. –>Please refer to the circulars issu
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- The units can be purchased/redeemed only if the investor has a demat account?
