Monday, December 15, 2014

SEBI takes first step to 'Single Record' for all Financial Assets

A single consolidated view of all investments made by a person in mutual funds and other securities held in demat form would be provided from March 2015. AMCs/MF-RTAs (Asset Management Companies/ Mutual Fund-Registrar & Transfer Agents) would have to provide the data with respect to the common PANs to the depositories within three days from month end.

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