WorksheetsABSL P&P PKT - 7
Total questions: 20
Worksheet time: 12mins
If an investor asks you on call that he has a bank registered in his folio however he wants to update another bank online to initiate transactions, which process will you guide?
Change of Bank
Add Bank
Redirect the query to care id
Which of the below mentioned documents are required for online empanelment through Partner's Portal?
Only AMFI Registration No. (ARN)
AMFI Registration No. (ARN), PAN, email id, mobile no, name, date of birth.
Only PAN
How is the login process for MFD on the partner's portal?
Login through ARN + EUIN directly
Login through ARN + EUIN and OTP on ARN registered email + mobile number
Only EUIN required
An Investor who wants to change his tax status from RI to NRI will have to
Update the tax status in PAN>KYC>Folio
Update the tax status in KYC and then Folio
Update the tax status in Folio directly.
Documents required for change of tax status in KYC are:
Written application dully signed by all the investors.
Old (existing bank ) and New Bank Cancelled Cheque with name, a/c number and ac type (NRE/NRO/RI) pre-printed on it
Updated Aadhar card photocopy
All of the above
TAT for change of tax status in ABSL MF is
T+2 working days
T+3 working days
T+3 business days
T+2 business days
Change in Tax status from _____ is not possible
Individual/NRO to NRE
Rl to NRO
NRE to NRO
NRO/NRE to RI
Change in Tax status from _____ is possible
Rl to NRO
NRE to NRO
NRO to RI
NRO to NRE
There are 2 types of NRI...
NRI Repatriation & NRI Non Repatriation
NRI Ordinary & NRI External
NRI Original & NRI Extended
NRI Repatriation has to add _____ bank account and NRI Non-Repatriation has to add ____ bank account.
NRE, NRO
NRO,NRE
Savings, NRE
NRO, Savings
A Mutual Fund Distributor who has created a folio in his own name and is not able to initiate any financial transactions online, such a folio is known as a (a) folio
When an investor wants to transact online through a newly created folio but the same is not visible, we must guide him to...
Visit the nearest ABSL MF branch
Link his folios online
Consolidate his folios
Address a mail to care id
Zero Valuation or Demat folios cannot be consolidated.
True
False - Only Demat folios cannot be consolidated.
False - Only Zero valuation folios cannot be consolidated.
If an investor wants to mortgage his Mutual Fund units and take a loan against those units, he will have to pledge his units with a AMC and those units will be marked as (a) .
Documents required for Lien marking are:
Lien marking Written request from the investor mentioning the units to be pledged
Letter from the institution where the investor has pledged the units.
Documents required for Lien unmarking are :
Written request from the investor
NOC from the Financer
Either of them
Both of them
An Archived folio is a folio wherein
No transactions are initiated from the last 12 months
Folio where there is no transaction i.e. financial or non-financial transaction since 12 months and has zero valuation
Any folio that has zero valuation
Only C
If an investor asks for an SOA of an Archived folio, then..
We must inform the investor that the folio is archived and we will share the SOA after 15 minutes to the folio registered email id.
We cannot help them
We must inform the investor that the folio is archived and we will request him to call after 15 minutes.
Send the SOA post verification.
If the folio is archived, we will reconfirm the folio number (whether it is correctly captured by us in MF360 or not as no details are visible for archived folio).
True
False
Name of the factsheet is...
Digital factsheet
Fund Factsheet
Empower
Intouch