1.7.7 Safe to install
NMFII is an application introduced by the National Stock Exchange of India Ltd for the purpose of mutual fund transactions. It is designed to assist distributors in placing orders on behalf of their investors.
The application enables various types of transactions to be carried out, including:
- Purchase
- Redemption
- Switch
- Systematic Transactions (SIP, STP, SWP)
Moreover, users can utilize the platform to register ACH mandates and check the status of ACH mandate registrations. Additionally, the application provides updates on the status of transactions conducted through the NMF II platform.
Overview
NSE NMF II is a Freeware software in the category Business developed by National Stock Exchange of India Ltd.
The latest version of NSE NMF II is 1.7.7, released on 01/11/2025. It was initially added to our database on 05/10/2024.
NSE NMF II runs on the following operating systems: Android.
NSE NMF II has not been rated by our users yet.
Pros
- Provides a structured trading platform for mutual funds, making investments easier for retail investors.
- Offers a wide variety of mutual fund schemes from different Asset Management Companies (AMCs).
- The platform is backed by the National Stock Exchange, ensuring reliability and credibility.
- Allows for online investment and transaction capabilities, making it convenient for users to manage their portfolios.
- There are no additional charges for transacting on the platform apart from what a mutual fund might charge.
Cons
- Limited to mutual funds, which may not serve investors looking for stocks or other asset classes.
- Might have a steep learning curve for new investors unfamiliar with mutual funds or trading platforms.
- Transaction processes can be complex compared to simple direct mutual fund investments through AMCs.
- Dependence on internet connectivity, which may pose issues in areas with poor network coverage.
- Not all AMCs may be available on the platform, limiting investment options in certain fund categories.
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