NSE NMF II 1.5.7

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.