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Dear Customer,

A few changes would be implemented in our system beginning 1st July, 2022 to comply with SEBI circular SEBI/HO/IMD/IMD-I DOF5/P/CIR/2022/41. According to this circular, pooling of funds for investment in Mutual Funds will be prohibited.

The changes are given in the table below. For a better understanding, we have created videos/PDFs that will take you through the entire journey.

Sr. No.	Journey	PDF	FAQ
1	Redemption	Redemption Journey	Redemption FAQs
2	ACH	Not available	ACH FAQs
3	2FA	Not available	2FA FAQs
4	Lumpsum Purchase	Not available	Lumpsum Purchase FAQs
5	Switch	Switch Journey	Switch FAQs
6	SIP	SIP Transaction Journey	SIP Transaction Journey

The changes will bring in many advantages.

Few of the prominent advantages are:

• A move to real-time-order placements
• A better cut-off timing in line with the industry standards
• Reduced time for SIP installment deduction as the new ACH mandate will be directly in favour of BSE
• Full control and security of your portfolio thanks to Two-Factor Authentication

However, these changes also come with certain disadvantages. Some of the functionalities will be discontinued. They are as stated below

• Ability to make MF Transactions in Demat mode for DP with joint holding
• Sharekhan MF ledger facility
• Ability to use Auto Sweep Feature, which enabled cross utilization between proceeds in equity segment and mutual fund segment

In case you have any queries, please feel free to reach out to reach out to your Relationship Manager/Branch Manager

Regards,
Team Investment Solutions - Sharekhan