SPEED-e facility has been enhanced to enable clients to redeem Mutual Fund Units online. It eliminates the need for clients to submit Redemption Form (RF) to Participant for redemption of mutual fund units available in their demat account.
This was informed to Participants vide Circular No. NSDL/POLICY/2017/0072 dated December 7, 2017 and is available on NSDL website www.nsdl.co.in
In order to reach out to investors that are spread across the country to apprise them about the facilities available in NSDL depository system and educate them about financial markets, NSDL conducts various Programmes with Participants, Housing Societies, Institutions like SEBI, NSE, corporates etc. and also participates in various events. During December 2017, NSDL conducted / participated in 36 such programmes / events which were attended by more than 3,600 investors. Details are mentioned below:
This takes the total number of Participants which have subscribed to SPEED-e to 199.
Sr. No.
Particulars
1
Joint Awareness Programmes with Participants
No. of Programmes
Sharekhan Limited
6
Nirmal Bang Securities Private Limited
3
Axis Bank Limited
2
BMA Wealth Creators Limited
2
CSE Capital Markets Private Limited
2
ICICI Bank Limited
2
J. K. Securities Private Limited
1
Peerless Securities Limited
1
SBICAP Securities Limited
1
YES Bank Limited
1
Total
21
2
Joint Awareness Programmes with other Institutions
No. of Programmes
Securities and Exchange Board of India, Reserve Bank of India and SBICAP Securities Limited
2
National Stock Exchange of India, Integrated Enterprises (India) Private Limited and Nanayam Vikatan
2
Total
4
3
Training Programmes for Participants
No. of Programmes
TJSB Sahakari Bank Limited
1
Total
1
4
Corporate Awareness Programmes
No. of Programmes
JSW Steel Limited, Dolvi, Maharashtra
3
Total
3
5
Participation at Events
No. of Programmes
7th Summit titled "REIMAGINING INDIA - 2022" organised by Association of Investment Bankers of India (AIBI) at Mumbai, Maharashtra
1
5th Annual Wealth Management Convention 2017 organised by American Academy of Financial Management India Private Limited at Mumbai, Maharashtra
1
8th Emerging Markets Finance Conference 2017 organised by Indira Gandhi Institute of Development Research at Mumbai, Maharashtra
1
Total
3
6
Workshop for Colleges
No. of Programmes
Indian Institute of Management Bangalore, Bengaluru, Karnataka
1
Indian Institute of Technology Bombay, Mumbai, Maharashtra
1
R. A. Podar College of Commerce and Economics, Mumbai, Maharashtra