As per the circular dated 4th October 2021, The Securities Exchange Board of India had announced that the usage of the pool account for Mutual Fund transactions will be discontinued with effect from 1st July 2022. To comply with this regulation, there will be scheduled downtime in the system on 30th June 2022, from 02:30 PM onwards till 12:00 PM on 1st July 2022.
As a result, clients are to note the following points:
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