With effect from September 26, 2011, the time limit for submitting online inter-depository transfer (IDT) instructions has been extended from 7.00 p.m. to 8.00 p.m.
(Ref: Circular No. NSDL/POLICY/2011/0074 dated September 19, 2011, which is posted on NSDL website www.nsdl.co.in.)
In order to facilitate transactious in mutual funds units through stock exchange platform, NSDL has enabled holding of mutual fund units in dematerialised form. To encourage investors to hold mutual fund units in the depository system, NSDL has decided to continue not to charge any fee to Participants in respect of transactions in mutual fund units held in the depository system till March 31, 2012.
(Ref: Circular Nos. NSDL/POLICY/2010/0105 dated September 22, 2010, NSDL/POLICY/2011/0026 dated March 25, 2011 and NSDL/POLICY/2011/0076 dated September 23, 2011, which is posted on NSDL website www.nsdl.co.in.)
NSDL conducts training and certification programmes for Participants to increase the availability of trained personnel for depository operations. In September 2011, such programmes were conducted in Aurangabad, Bangalore, Jalgaon, Kolkata, Mumbai and Srinagar. In all, 148 persons attended the training programmes conducted at these locations.
During September 2011, one more Participant has subscribed to the SPEED-e facility viz,
Clients of the above mentioned Participant can now avail of the facility of submitting various instructions through SPEED-e facility.
This takes the total number of Participants who have subscribed to SPEED-e to 111.