What is CaRT?Updated
Create and Retain Transaction (CaRT) is a facility where frequently ordered transactions can be created and retained as a template to be executed later whenever desired by a SINGLE CLICK. Every such CaRT template can be identified by an exclusive CaRT Name.
- If some funds are expected to be available for investment on a future date, a purchase transaction can be added to the CaRT to be placed later using this facility.
- If there is a future cash out flow, a redemption transaction can be added to the CaRT to be placed later using this facility.
How can a transaction be created under CaRT?
A button will be available as ‘CaRT’ alongside the ‘Submit’ in the order entry screen. On clicking the ‘CaRT’ button, a provision to specify the CaRT Name will be available.
What are the various transactions for which CaRT is available?
CaRT is available for Purchases, Redemptions and Switches.
What are the various payment modes available for purchase transactions under CaRT?
All the electronic payment modes i.e. Net Banking, RTGS, NEFT & PayEezz are available.
How will the CaRT order be executed?
A CaRT order can be executed from the ‘CaST & CaRT Order Book’ by clicking the ‘Place Order’ icon.
When does the transaction get time-stamped in case of a CaRT?
CaRT order will be time-stamped on the investor submitting the transaction.
Where can the CaRT orders be seen?
The CaRT orders can be viewed under the ‘CaST & CaRT Order Book’ menu available under the Tracker/Order Book.
Can a CaRT order be modified / deleted and till when?
Yes, the CaRT order can be modified / deleted any time.