Changes in Mutual Funds Platform

As per SEBI's new regulatory framework for Execution Only Platforms (EOP), outlined in circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/86 dated June 13, 2023, Registered Investment Advisors (RIA) providing only execution services to non-advisory clients must register as an EOP to facilitate transactions in Direct Plans of Mutual Fund schemes.

 

In view of above, Bajaj Finserv Direct Limited has decided to discontinue its direct mutual funds platform for customers effective June 09, 2024 as it is not registered as an EOP .We are working on bringing a new Mutual Fund proposition for our clients shortly.

 

Please rest assured that your current investments are completely safe. Should you wish to view/redeem your investments, you can do so on the respective AMC websites or to go to MF Central platform using the link - https://www.mfcentral.com/.

 

For any questions or concerns, please reach out to us at 020-71634200 (after selecting the language by pressing 1 for English or 2 for Hindi; Press 4 for investment related query and Press 2 to speak to our service agent regarding your existing investment)or write us at rtaopsbfdl@bajajfinserv.in. We are here to assist you. 

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