NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 103 Of 121
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KYC Centralization: Handled by KYC Registration Agencies (KRAs).
SIP Flexibility: Allows low initial investments compared to lump-sum.
SWP Purpose: Meets regular liquidity needs without full redemption.
STP Utility: Balances risk by transferring between scheme types.
Demat Account: Simplifies holding and transacting units.
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