Assignment-3

For Folio consolidation only PAN is required to be same in all the folios.

• True

• False

If name is not updated in folio & KYC then same needs to be update in ---

• Folio first and then KYC

• KYC first and then folio

If investor has done a purchase transaction in ABSL Flexi cap fund and its more than 48 hours, then what action needs to be taken?

• investor has to wait, subject to fund realisation

• request investor to share the bank statement

• investor will get the amount refunded

• none of the options

Instant Redemption can be placed by sole proprietor.

• True

• False

Investor done switch from ABSL Frontline equity fund to ABSL PSU Equity fund, what will be the switch out NAV and switch in NAV ?

(Request given before cut-off)

• switch out- next day, switch in- subject to fund realization

• switch out- same day, switch in- T+2 BD

• switch out- same day, switch in- T+1 BD

• switch out- same day, switch in- T+5 BD

investor needs to modify the amount in SIP, what procedure does he need to follow?

• Offline procedure>SIP modification>30 DAYS TAT

• Online procedure>SIP modification>15 DAYS TAT

• Online procedure>SIP modification>30 DAYS TAT

• need to register another SIP with new amount

Instant redemption request cannot be given___

• on Saturdays/ Sundays

• Post cut-off

• off market timings

• can be given at any point of time

What is mandatory to inform while guiding the redemption procedure ?

• Fund realisation

• Exit load & TAT

• TAT

• additional charges

Cancellation of STP/SWP request to be given at least___ prior to the next installment date.

• 10

• 2

• 5

• 30

Mode of holding can be changed from____

• Joint to single

• single to anyone or survivor

• joint to anyone or survivor

• anyone or survivor to single