NATIONAL SECURITIES CLEARING CORPORATION LIMITED DEPARTMENT : MUTUAL FUND SERVICE SYSTEM Download Ref No : NSE/CMPT/26186
Date : March 14, 2014
Circular Ref. No : 0049/2014
All Participants Sub: Settlement procedure for New Fund Offer of Goldman Sachs Asset Management (India) Pvt. Ltd This has reference to circular no. NSE/CMTR/ 26187 dated March 14, 2014 .Participants are requested to note the procedure for clearing and settlement for the new fund offer of Goldman Sachs Asset Management (India) Pvt. Ltd
Participants are requested to transfer the funds before the funds pay in cut-off time on T day. Participants shall mandatorily be required to send the order confirmation file to NSCCL by 1:00 p.m. on T day as per Annexure I by e-mail or fax. Orders shall not be taken up for further processing in the following cases: 1. Non receipt of funds within the stipulated time 2. Shortage of funds 3. Non receipt of the order confirmation file from the Participant The Participant’s client shall be required to transfer the funds directly to the below mentioned NSCCL bank account only in case of order placed under category code ‘DBTCR’ on T day before 1.00 p.m. The funds payout shall be done to the AMC / Mutual fund bank account maintained with the Clearing Bank before the cut off time on T day. The Participant’s client is required to make the funds available in their Settlement Account maintained with NSCCL in case of order placed under category code ‘NFOEQ’ on T+1 day before 8.00 a.m. The funds payout shall be done to the AMC / Mutual fund bank account maintained with the Clearing Bank before the cut off time on T+1 day.
The Participant’s client shall be required to transfer the funds directly to the following settlement account of NSCCL: Bank Name : Settlement A/c No : Description : RTGS Code : NEFT :
HDFC Bank 0000990610005906 NSCCL SETTLEMENT ACCOUNT - MFS HDFC0000060 HDFC0000240
The funds shall be moved from NSCCL bank account to the AMC / Mutual fund bank account maintained with the clearing Bank before the cut off time i.e. 3.00 p.m. on T day.
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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NATIONAL SECURITIES CLEARING CORPORATION LIMITED Annexure I Order confirmation file File Name: M_
_ORDC_.csv Order date Order no. Symbol Series Client code Client Bank name Client Bank a/c No. UTR no. Value (Rs.) Order value
DDMMYYYY
For National Securities Clearing Corporation Ltd,
Amit Bhobe Chief Manager [email protected]
Telephone No 1800 2200 57
Fax No 022-26598269
Email id [email protected]
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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