SEBI Chairman CB Bhave who played a key role in revolutionising stock trading in the country more than a decade ago as the head of National Securities Depository (NSDL) may be about to trigger another big bang change. This time in mutual fund (MF) investing. From this March investors can buy or redeem units at the click of a mouse bypassing intermediatries.
BSE Tips
The National Stock Exchange and NSDL will together develope a trading platform where MF units can be bought or sold without an intermediary.The Association of Mutual Funds in India has also chosen Central Depository Services a BSE Sibling and registrars CAMS- Karvy to develop a similar platform.
Related Pages :
