This is in continuation to the Notice No. 20230330-1 dated March 30, 2023 with regards to ‘Two-Factor Authentication for Subscription transactions in units of Mutual Funds on BSE StAR MF Platform’.
Members are hereby informed that as per the confirmation received from RTAs, Two-Factor Authentication for Redemption, Switch, SWP Registrations and STP Registrations shall not be applicable for Non-Demat transactions for Non - Individual Tax category.
Applicable Tax Status for Two-Factor Authentication of Redemption, Switch, SWP Registrations and STP Registrations are attached as Annexure.
There shall be no impact to the transactions received in Demat mode.
For any query on the BSE StAR MF platform, you can reach us through our service centre on 022-45720450 & 022-45720650 on business days between 8.00 a.m. to 7.00 p.m. You can also raise your queries on our CRS portal:-