On Monday, the Securities Appellate Tribunal (SAT) strongly criticized the Securities and Exchange Board of India (SEBI) for its failure to unfreeze the demat accounts of five Kirloskar family.
A rising share of sticky funds is an indication that redemption pressure on Indian equities would be relatively lower during the period of extreme risk aversion as sticky funds outlook on India continues to remain favourable.
An individual may choose to convert their physical mutual fund units held through statement of account (SOA) mode to dematerialise mode online. However the online method is only applicable for National Securities Depository Limited (NSDL) demat account holders. For Central Depository Services Limited the conversion process is presently offline.