Ch.6 · ARN and EUIN Rules · medium
What is the role of stock exchanges (BSE and NSE) in mutual fund distribution?
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EXPLANATION
Stock exchanges play two roles in mutual fund distribution: (1) They provide transaction platforms — BSE StAR MF and NSE NMF — that allow registered brokers/distributors to transact across multiple AMCs; (2) They list close-ended mutual fund units for secondary market trading, providing liquidity to close-ended fund investors.
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