This is in partial modification to Exchange notice nos. 20201202-32, 20201219-3, 20201231-47, 20210130-04 dated December 02, 2020, December 19, 2020, December 31, 2020 and January 30, 2021 respectively, in respect of “Implementation of Uniform Applicability of NAV on BSE StAR MF Platform”.

Members are hereby informed of the following:

1.   Exchange shall discontinue the current process of accepting the Fund Confirmation (FC) file upload for the purchase transactions placed on BSE StAR MF Platform pertaining to lumpsum and first order today (SIP / XSIP / ISIP) transactions.

2.  In case the FC file is uploaded for the types of transactions (mentioned in point. no.1), post the effective date of change in process, the same will be ignored for settlement purposes.

3.   However, the current process of FC file upload will continue for all SIP transactions generated by the Exchange.

Members may cancel all such orders for which payment is not intended, before the commencement of respective settlement.

Order cancellation facility is available to the members for lumpsum orders including first order today (SIP/XSIP/ISIP). Any orders cancelled before the settlement process is run will not be reported to RTA and hence will not reflect in SOA/SOT of the investor.

Orders can be cancelled using the individual transaction cancellation method or the bulk cancellation facility being provided as mentioned below. The details of the same are as below:

Further, members may please note the recently introduced changes as below:

· an additional settlement has been introduced at 2:15 p.m.

· existing settlement that was run at 2:00 p.m. has been preponed to 1:45 p.m.

Accordingly, members shall ensure adequate funds in their settlement bank account for the transactions available for each settlement cycle.

MFIs using third party vendor solutions and/or in-house developed software are requested to take note of the above Bulk Order cancellation facility.

The effective date of implementation of the above-mentioned changes shall be communicated shortly.

Ketan Jantre                                                          Zeeta Eustace 

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