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Details of terms & conditions for the Investor / Client for using BSE StAR MF platform

1. The client is desirous of investing in units of mutual fund schemes through the BSE STAR MF.
2. The Client intends to execute his instruction for the subscription/redemption of units of Mutual Fund Schemes through the broker who is a Mutual fund Intermediary (MFI) of the BSE STAR MF platform.
3. The client has satisfied itself of the capacity of the MFI to deal in Mutual Fund units and wishes to execute its instruction through the MFI and the client shall from time to time continue to satisfy itself of such capability of the MFI before executing transacting through the MFI.
4. The Client has approached to the MFI with the application for availing the BSE STAR MF platform.
5. The client has submitted relevant KYC (Know Your Client) details to the MFIs
1. The client shall be bound by circulars issued by BSE’s Rules, Regulations and Notices/circulars issued there under by SEBI and relevant notifications of Government authorities as may be in force from time to time.
2. The client shall notify the MFI in writing if there is any change in the information in the ‘client registration form’ provided by the client to the MFI at the time of registering as a client for participating in the BSE STAR MF platform or at any time thereafter.
3. The client shall submit to the MFI a completed application form in the manner prescribed format for the purpose of placing a subscription order with the MFI.
4. The client has read and understood the risks involved in investing in Mutual Fund Schemes.
5. The client shall be wholly responsible for all his investment decisions and instruction.
6. The client shall ensure continuous compliance with the requirements of the BSE, SEBI and AMFI.
7. The Client shall pay to the MFI fees and statutory levies as are prevailing from time to time and as they apply to the Client’s account, transactions and to the services that MFI renders to the Client.
8. The client will furnish information to the MFI in writing, if any winding up petition or insolvency petition has been filed or any winding up or insolvency order or decree or award is passed against him or if any litigation which may have material bearing on his capacity has been filed against him.
9. In the event of non-performance of the obligation by the MFI, the client is not entitled to claim any compensation either from the Investor Protection Fund or from any fund of BSE or its Clearing Corporation - Indian Clearing Corporation Ltd. (ICCL).
10. In case of any dispute between the MFIs and the investors arising out of the BSE STAR MF platform, BSE and / or ICCL agrees to extend the necessary support for the speedy redressal of the disputes.

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1. Pre-requisites for becoming Investor / Client for the BSE STAR MF platform

2. Terms and Conditions

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