Schedule Transaction is a facility where a Distributor / RIA / Investor can schedule a transaction to be executed on a defined future date to better manage future cash flow situations. This facility allows you to create a Scheduled Purchase Plan (SPP); Scheduled Redemption Plan (SRP); and Scheduled Switch Plan (SSP) For e.g.

• If some funds are expected to be available for investment on a future date, a purchase transaction can be scheduled to be executed on an appropriate date to utilise those funds using this facility OR create a Schedule Purchase Plan (SPP) for repetitive purchase transactions instead of SIP.
• If there is a planned cash out flow (payments like EMI, rent, premium etc.) on a future date, a redemption transaction can be scheduled to be executed on an appropriate date OR create a Schedule Redemption Plan (SRP) for repetitive withdrawals instead of SWP.
• If you intend to switch your investment from one scheme to another scheme on a future date a switch transaction can be scheduled to be executed on an appropriate date OR create a Schedule Switch Plan (SSP) for repetitive Switches instead of STP

Schedule Transaction is a unique facility offered by MFU, using which you can schedule recurring future Purchases / Redemption / Switch transactions and have ability to modify or cancel the same at any time. Please click here for comparison with Traditional Systematic transactions

Scheduled Transaction is available for Purchases, Redemptions and Switches.

No. This facility is available only in digital / electronic mode.

Yes. A transaction can be created and scheduled to be executed repeatedly on defined future dates/frequency.

Yes. It is available to all CAN holders in Individual and HUF category.

A button will be available as ‘Scheduled Transaction’ alongside the ‘Submit’ in the order entry screen. On clicking the ‘Scheduled Transaction’ button, the user will be asked to capture the Scheduled Transaction mode as ‘ONCE’ or ‘REPEAT’ and all the details as may be required for submission under the respective option.

Under the mode ‘ONCE’, the transaction can be scheduled to be executed only ONCE on a specific future date. Under the ‘REPEAT’ mode, like in case of Traditional SIP/SWP/STP the transaction can be scheduled to be executed on multiple dates on a frequency of your choice, like daily, weekly, monthly, etc.

Schedule Transaction Trigger is a facility to schedule a transaction to be executed on defined event as set in the order.

Below are the events available under Trigger:

• NAV greater than or Equal To
• NAV lesser than or Equal To
• Nifty Greater Than or equal to
• NAV lesser than or Equal To
• Sensex Greater Than or equal to
• Sensex lesser than or Equal To

Note: We may add more events in near future.

There are two types. "Alert" and "Execution".

ALERT gives notification to the investor through email about the conditions having been met. It will also carry an execution link in case the investor would like to execute the transaction within validity period (24hrs).

Execution mode is based on ONE TIME investor approval during Scheduled trigger registration. Transaction will get executed on the trigger date once conditions are met.

If the Trigger transaction was initiated by Distributor / RIA, email intimation will also be sent to them on the trigger date. This will help them to approach investor to act on execution link before it expires.

The trigger will happen once ONLY on the first instance of the event happening. The trigger registration will expire upon being accepted or rejected or at the end of the chosen period whichever is earlier.

In case of Alert mode if you do not act on the execution link on the trigger date, the transaction will not be executed, and the registration stands cancelled.

There are two options available under the ‘REPEAT’ mode, as below:

• Specific Frequency: Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Semi-Annual & Annual.
• Specific Date(s): up to 20 dates can be defined for execution.

With this facility you have flexibility of choosing ANY FREQUENCY + ANY DAY irrespective of AMC specific restrictions.

Electronic payment modes i.e. Net Banking & PayEezz are available.

Upon execution, the investor will be communicated via an email and/or SMS.

• Distributor / RIA created Scheduled Transaction will be time-stamped upon Investor’s approval.
• Investor created Scheduled Transaction will be time-stamped on the execution date within cut-off time.

The Registrations can be viewed under the ‘Scheduled Transaction & CaRT’ menu available under the Tracker/Status Book.

The status can be viewed in the ‘Scheduled Transaction & CaRT Book’.

• Upon execution, it is shown as ‘Executed’ and an icon is provided under the options menu to link to the order book to view the executed order(s).
• If the order is not yet executed, then the status remains as ‘Scheduled’.

Additionally, the number of days pending for execution of the next instalment is also displayed.

Yes, the Registration can be modified / cancelled before it is executed if the mode is ‘ONCE’. If the mode is ‘REPEAT’, the Registration can be modified / cancelled before the 1st execution takes place. Once the 1st execution has been done, modification of the Registration is not permitted but the Registration can be cancelled and recreated afresh as required. Trigger Orders can be modified / cancelled before execution of trigger.

Yes, it is available in goMF Mobile App as well.