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.
Deadline to add nominees for mutual fund investors, demat account holders ends on Sept 30 dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
A share which was once actively traded on stock exchanges could turn illiquid one day due to multiple reasons like trading suspension/block or any news event, etc. Further an investor cannot exit from such stocks by selling them on the stock exchange since there is no buyer.
Deadline to add nominees for mutual fund investors, demat account holders ends Sep 30 orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.