NSE MFSS & BSE Star Platform

#1
Hi All,

It has been quite some time now that almost all AMCs have made the option of buying Mutual Funds directly on the stock exchange available to us.

However, I have been unable to find much details as to what are the charges involved and the rate of brokerage. In fact, my broker; Kotak Securities does not provide this facility at all. That's a shame 'cuz they claim to be the No. 1 brokerage firm in India.

Anyway, I would like to hear from any retail users who have used the NSE MFSS or BSE Star to buy/sell or convert their existing folios.

I have to say that it does sound exciting not having to fill up any forms or login to various AMC sites. Instead, we can view all the Mutual Funds we hold in one place; our demat account.

Looking forward to your comments.
 

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