Bse Star Mf Client Registration Form PDF
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People also ask
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What is the fee for BSE StAR MF?
Market Information ParticularsAmount (Rs.) Deposit for Membership (Interest free, refundable) 1,00,000/- Admission Fees 50,000/-( plus applicable GST ) Annual Membership fees 75,000/- ( plus applicable GST ) Processing fees 1,000/- ( plus applicable GST )
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What is StAR mf in BSE?
BSE Star MF platform is a web based MF distribution platform which acts as an aggregator in collecting MF orders from distributors (IFAs, MFDs, RIA etc), collecting funds and providing both orders and funds seamlessly to the AMCs.
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How do I get a mutual fund client?
Talk to potential customers in your circles like friends and relatives and inform them about your new business. Use Social Media to promote your business. Share knowledge with others. Conduct webinars and online meetings to talk about the benefits of investing through Mutual Funds.
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How to do KYC in BSE StAR MF?
What are the KYC requirements for a Mutual Fund Investor on BSE StAR MF ? As per a SEBI circular dated November 13, 2009, where an investor is transacting in the demat mode i.e. through a beneficiary account, there would be no additional requirement of KYC and the KYC performed by the DP in terms of SEBI Circular no.
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How to register client on BSE StAR mf?
In BSE StAR MF go to XSIP → Mandate Registration, enter client details, the MFD would be allotted an Unique Mandate Registration Number (UMRN). The physical form with the client UCC and UMRN to be arranged to dispatched to BSE Limited, Mutual Fund Dept., P J Towers, Dalal Street, Fort, Mumbai – 400001.
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What is the cost of BSE StAR MF?
A very simple process of registering by paying a Lifetime Membership Fee of Rs. 15,000/- plus service tax (12.36%) and other requirements specified by BSE. For detailed documentation and checklist for Registration as the 'Mutual Fund Distributor' on the BSE StAR MF Platform, please refer our website .bseindia.com.
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How to register client on BSE StAR MF online?
In BSE StAR MF go to XSIP → Mandate Registration, enter client details, the MFD would be allotted an Unique Mandate Registration Number (UMRN). The physical form with the client UCC and UMRN to be arranged to dispatched to BSE Limited, Mutual Fund Dept., P J Towers, Dalal Street, Fort, Mumbai – 400001.
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How to do KYC in BSE StAR MF?
What are the KYC requirements for a Mutual Fund Investor on BSE StAR MF ? As per a SEBI circular dated November 13, 2009, where an investor is transacting in the demat mode i.e. through a beneficiary account, there would be no additional requirement of KYC and the KYC performed by the DP in terms of SEBI Circular no.
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