BSE has eased norms for trading on mutual fund platform

Q.  BSE has eased norms for trading on which platform?
- Published on 16 May 16

a. Stocks
b. Shares
c. Mutual Fund
d. None of the above

ANSWER: Mutual Fund
 
To get more participants on the MF trading platform, top bourse BSE has eased registration norms by leaving out minimum paid up capital and net worth requirements for applicants
  • Changes would be applicable for BSE STAR Mutual Platform- electronic segment allowing individuals and HUF to trade
  • The following conditions were discontinued: minimum paid-up capital requirement for corporate applicants, self-certified networth, individuals having a minimum tangible assets of Rs 1 lakh for the registration of mutual fund distributors.

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