To bring in more participants on its mutual fund trading platform; the BSE has eased the registration norms by doing away with minimum paid-up capital and networth requirements for applicants. The changes would be applicable for BSE StAR Mutual Fund Platform, which allows individuals, HUF and corporate body to trade in mutual funds. This move will help in attracting more participants on this mutual fund trading platform through distributors. “All other pre-conditions regarding registration as Mutual Fund Distributor on BSE StAR Mutual Fund Platform remain the same,” said a BSE note.
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