SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds
Under the proposal, demat investors would be able to do one time registration of SWP or STP mandates with depositories or stock Exchanges, which removes the need to submit separate instructions for each SWP or STP transaction, according to a statement.