Announcement from SEBI for Mutual Fund Investor

Posted Date: 24-Mar-2011	Category: General	Rating:
Author: Hafeezur Rahman P	Member Level: Gold	Points: 10

This piece of info is about Securities and Exchange Board of India (SEBI) helping mutual fund investors that their do’s and don’t against SEBI and mutual fund investment. Guidelines for Mutual Fund Investor from SEBI, Mutual Fund Investor can follow the SEBI instruction upon investing in MF.

SEBI announcement for Mutual Fund Investor

Mutual Fund Investor must know that they can get free Common Account Statement (CAS) for all their holding across all Mutual Funds. They may contact mutual funds or their registrar and transfer agent.

Mutual Fund Investor can change their existing distributor without seeking NOC (No Objection Certificate) from their existing distributor.

Mutual Fund Investor can hold mutual fund units in DEMAT a/c. Investor can contact their depository participant for this facility.

Mutual Fund Investor can buy / sell Mutual fund units through stock brokers.

Mutual Fund Investor can approach Mutual Fund directly for their complaint / query without the involvement of any third party including their distributor.

For any investor grievance or query – you may contact per below;

SEBI Head office
SEBI Bhavan, C-4, G Block,
Bandra-Kurla complex,
Mumbai – 400 051
SEBI Ph: +91-22-26449188 / 26449199
SEBI Email: investorcomplaints@sebi.gov.in
Reference http://www.goaspider.com/bookmarks/260-Security-Exchange-Board-India-official-site.aspx

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Responses to "Announcement from SEBI for Mutual Fund Investor"

Author: RAJESH.R 02 Jun 2011

Member Level: Silver Points : 1

Dear Sir,

It is a very good article because nobody knows SEBI's rules. The investers are investing in the shares but not studying SEBI's rules. So it is a very good article.

Rajesh.R

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