This is to bring to the notice of all Market Participants who are placing orders on BSE StAR MF Platform, that in view of high number of holidays in April 2025
We are anticipating significant high transaction volume on BSE StAR MF Platform. It is crucial to ensure that the technical infrastructure is robust and ready to handle any eventuality at your end. All participants need to ensure that, entire operational activities are handled seamlessly i.e. uploading valid credit MIS , timely transferring of appropriate amount of funds in ICCL Account well within cutoff , thereby ensuring that the Mutual Funds transactions entered on Bse Star MF before the cut-off time, by investors through various Member platforms are processed seamlessly.
All the Members /Payment Aggregators / Banks are advised that:
Funds Confirmation MIS must be uploaded timely as mentioned above, further Fund confirmation MIS should have correct UTR Numbers, which should match with the UTR Numbers with mentioned in the bank statement;
The amounts as per fund confirmation need to match with the actual bank credit in ICCL.
Please refer to the earlier notice No 20230620-66 & 20240702-34 issued by ICCL w.r.t. cut-offs / procedures / guidelines to ensure a timely and effective settlement process of Mutual Fund orders on BSE StAR MF Platform.
In case of any further updates , the exchange shall inform the members accordingly.
Mehul Parikh Jayesh Ashtekar
ADGM – Mutual Funds DGM – Mutual Funds |