Extending facility for creating instruction for Systematic Withdrawal Plan and Systematic Transfer Plan for Mutual Fund units held in demat form

What changed

NSE Clearing Limited has issued a circular to inform all participants about the extension of the facility to create standing instructions for Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) for Mutual Fund units held in demat form. This update follows the directive issued by the Securities and Exchange Board of India (SEBI) on July 17, 2026. Participants are required to take note of the SEBI circular, which is provided as an annexure to the NSE notification, to ensure compliance with the new operational framework for managing these systematic investment plans within the demat environment.

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