19-July-2026
Markets and Finance
 
SEBI allows standing instructions for SWP and STP for mutual fund units held in demat form
18-Jul-2026

In its latest circular, the Securities and exchange board of India (Sebi) extended the facility of creating standing instructions with the registrar and transfer agent (RTA) or the fund house for STP and SWP transactions. This will allow the investors holding their mutual fund units in demat form to create standing instructions for periodic redemption of specified number of mutual fund units or amount through Systematic Withdrawal Plan (SWP) or transfer of investments from one mutual fund scheme to another scheme of the same fund house by redemption from one scheme and subscription to the other scheme through Systematic Transfer Plan (STP).

News Source:- https://www.financialexpress.com/market/sebi-allows-standing-instructions-for-swp-and-stp-for-mutual-fund-units-held-in-demat-form-4295180/?ref=markets_hp