The Mutual Fund Distribution system is an integral part of the GO TX system. Investors registering with GO TX have the option of selecting Mutual Funds as one of their investment products. As with all clients of GO TX, compliance is evaluated, even for those investors registering only for Mutual Funds. Only those investors who have a valid bank account and PAN information, will be allowed to transact in Mutual Funds.
GO TX provides aggregation of data from multiple Registrars - Karvy, CAMS, Franklin Templeton & Deutsche. It consolidates folio information into accounts and permits the creation of family accounts. Transactions such as Purchase, Switch and Redemption of units can be executed by both offline and online methods.
The Mutual Fund Distribution system of GO TX provides facilities to both Investors and the Brokers. These are briefly described below.
Clients may use GO TX to place the following transactions for Mutual Funds:
- Purchase
- Incremental Purchase
- Redemption
- Switch
- Systematic Investment Plan (SIP)
- Systematic Withdrawal Plan (SWP)
- Systematic Transfer Plan (STP)
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