Can we pledge Mutual Funds in Fyers after 1 JULY 2022 ? Because SEBI has extended the discontinuation of Pooling of Funds and Units till 1 JULY 2022 ?

Support Desk
1

Can we pledge Mutual Funds in Fyers after 1 JULY 2022 ? Because SEBI has extended the discontinuation of Pooling of Funds and Units till 1 JULY 2022 ?

2

Too early to come to any conclusion on the matter.

https://www.sebi.gov.in/legal/circulars/mar-2022/discontinuation-of-usage-of-pool-accounts-for-transactions-in-the-units-of-mutual-funds-two-factor-authentication-2fa-for-redemption-and-other-related-requirements-extension-of-timeline_57471.html

3

I think this is where fyers should give clarity in advance instead of leaving it for the last moment like this time. Hoping for a reply from fyers on this issue and clarity so that we can plan our investments accordingly