NMFII is an application launched by National Stock Exchange of India Ltd to transact in Mutual funds. The application can be used by distributors to place orders for their investors.
The application facilitates execution of transactions like:
Purchase
Redemption
Switch and
Systematic Transactions ( SIP, STP,SWP)
The application facilitates registration of ACH mandate and to query the status of ACH mandate registration.
Further, the application also facilitates status of transaction executed through NMF II platform.