This is further to our Notice nos. 20201231-47, 20201202-32, 20201219-3 and 20201229-1 dated December 31, 2020, December 02, 2020, December 19, 2020 and December 29, 2020 respectively, regarding Implementation of Uniform Applicability of NAV on BSE StAR MF Platform.

As per the revised SBI Circular no. SEBI/HO/IMD/DF2/CIR/P/2020/253 dated December 31, 2020 date of applicability of the aforementioned provision has been extended to February 1, 2021.

All Demat as well as Non-Demat Systematic Registrations (all liquid instalments and non-liquid instalments amounting to more than or equal to Rs. 2 lakhs), the instalments shall be debited from the Investor/ Client bank account on 2 days prior the due date of the SIP.

All MFIs/MFDs/RIAs and members using third party vendor solutions and/or in-house developed trading application are hereby requested to take note of the same.

Ketan Jantre                                                Zeeta Eustace

Sr. General Manager – Mutual Funds       Asst. General Manager – Mutual Funds