UTI Mutual Fund launches SIP investments via NSE - MFSS platform

UTI Mutual Fund was the 1st Fund House to partner with NSE for selling Mutual Fund schemes through the NSE-MFSS platform in the month of November 2009. Keeping with that tradition of bringing the most convenient way of investment to our investors through cutting edge technology, we are the 1st Fund House now to launch SIP investments (Systematic Investment Plans) through this NSE-MFSS platform.

Terminals of NSE brokers will be the official point of acceptance and hence the date of acceptance of the transaction will be the date of entering the request on the terminal. Investors will also have the added advantage of obtaining the same day's NAV (before 3 p.m.) at a large number of outlets i.e. more than 1500 towns and cities, including remote locations. The investors have an added advantage getting their units allotted in demat mode in addition to the existing physical mode as per their choice.

Source : Equity Bulls

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