As per the SEBI circular dated 04 Oct 2021, the amount from all purchases for Mutual Funds should originate only from the user’s bank accounts and reach the exchange directly. This would mean that users cannot use the mandate which is specifically created for Mutual Funds. To make your SIP investments for Stocks via Dhan, you will have to add money to Dhan’s trading account.
Can a Mandate set for MF be used for automating my Stock SIPs on Dhan as well? Print
Modified on: Wed, 29 Nov, 2023 at 11:53 AM
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