Thursday, 27 October 2016

BSE launches ‘paperless SIP’ facility for mutual fund investors.

BSE has introduced a paperless SIP(Systematic Investment Plan) facility for mutual fund (MF) investors.It will extremely cut the registration time and also allow subscribers to transact through different payment modes including net banking. SIP is an investment vehicle that allows investors to invest in small amounts periodically instead of lump sums. The frequency of investment is usually
weekly, monthly or quarterly.

BSE launches ‘paperless SIP’ facility for mutual fund investors.

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