Digital investment platform, ICICI Securities Ltd, on Friday announced the launch of e-ATM facility for mutual funds, wherein customers can get instant payout on their MF redemption orders ...

Moneyfront, another online transaction platform offering direct mutual fund schemes, has tied up with ICICI Prudential AMC to offer instant redemption facility in ICICI Prudential Liquid Fund.

Pursuant to the SEBI circular dated May 8, 2017, mutual fund companies have an option to introduce the Instant Redemption Facility ... on the above criteria are ICICI Pru Liquid, L&T Liquid ...

A few fund houses have launched instant redemption, but expect more to do so in 2017. Reliance Mutual Fund and DSP BlackRock Mutual Fund, for instance, offer a facility of immediate redemption ...

The regulator feels instant redemption is akin to a bank account dispensing money on demand. Currently, Reliance Mutual Fund, ICICI Prudential Mutual Fund, DSP BlackRock Mutual Fund offer instant ...

Others News:Icici Prudential Multiple Yield Fund - Series 3 Plan C- Regular Plan Cumulative - Fixes Book Closure for Redemption of Mutual Fund ...