Which systematic facilities are available on the stock exchange mutual fund platforms?
Exchange platforms support purchases and redemptions as well as SIP, STP, SWP and switch transactions.
The concept: Channels: exchanges, MF Utilities, apps
Worked example
An investor with schemes from six fund houses uses MFCentral to see all her holdings on one screen and update her mobile number everywhere at once.
Exam trap: On exchange platforms, the exchange does not guarantee settlement of mutual fund orders, and the units do not become exchange-listed.