Dear Customer,

With effect from July 1, 2022, SEBI has decided to disallow usage of pool accounts for transactions in Mutual Funds Units.

To implement this change, we are working with our usual Mutual Fund Transaction partner, BSE StarMF.

Though most of the transactions are running as per expectations, a few of our clients have been impacted due to BSE StarMF platform-related technical issues. The problem has led to

• Transactions that include, both, purchases and redemptions
• SIP registrations that include Mandate registrations

We are working closely with BSE to get this resolved at the earliest.

In the meantime, if you are facing any difficulty in completing the transactions, please reach out to your relationship manager or your nearest branch/ business partner office. The concerned person will provide alternate means to execute your transaction.

We sincerely apologize for the inconvenience caused during this transition and we hope to restore our services at the earliest.

Warm Regards
Team Sharekhan