Create and Schedule Transaction (CaST) FAQs

Create and Schedule Transaction (CaST) is a facility where a Distributor / RIA can create and schedule a transaction to be executed on a defined future date to better manage future cash flow situations. For e.g.

• If some funds are expected to be available for investment on a future date, a purchase transaction can be scheduled to be executed on an appropriate date to utilise those funds using this facility.
• If there is a planned cash out flow (payments like EMI, rent, premium etc.) on a future date, a redemption transaction can be scheduled to be executed on an appropriate date.

Currently, the scheduled date of the transaction should not be beyond 5 years.

No. CaST facility is available only in digital / electronic mode.

CaSTplus is an enhanced version of CaST where a transaction can be created and scheduled to be executed repeatedly on defined future dates/frequency.

Yes. All options including the CaST Trigger is available for use by the Distributors / RIAs

Yes. This option is available to the investors under their login.

Create and Schedule Transaction (CaST) Trigger is a facility to schedule a transaction to be executed on defined event as set in the order.

Currently we have enabled this facility for Individual and HUF CAN holders only.

Yes, CaST trigger feature is available in goMF Mobile App as well.

A button will be available as ‘CaST’ alongside the ‘Submit’ in the order entry screen. On clicking the ‘CaST’ button, the user will be asked to capture the CaST mode as ‘ONCE’ or ‘REPEAT’ and all the details as may be required for submission under the respective option.

Under the mode ‘ONCE’, the transaction can be scheduled to be executed only ONCE on a specific date. Under the ‘REPEAT’ mode, the transaction can be scheduled to be executed on multiple instances.

There are six events available under CaST Trigger:

• NAV greater than or Equal To
• NAV lesser than or Equal To
• Nifty Greater Than or equal to
• Nifty lesser than or equal to
• Sensex Greater than or Equal to
• Sensex lesser than or equal to

In case of Trigger set up by the Investors:

ALERT gives an alert to the investor through email about the conditions having been met. It will also carry an execution link in case the investor would like to execute the transaction within validity period (24hrs).

Execution mode is based on ONE TIME investor approval during CaST trigger registration. Transaction will get executed on the trigger date once conditions are met.

In case of Distributor Initiated Trigger:

ALERT gives an alert to the investor through email about the conditions having been met. It will also carry an execution link in case the investor would like to execute the within validity period (24hrs).

EXECUTION triggers link at registered details of client once conditions are met to execute order within validity period (24hrs).

Under both trigger modes, email intimation will be sent to partner on the trigger date. This will help you to approach investor to act on execution link before it expires.

The trigger will happen once. The trigger registration will go away once you accept or reject the triggered email at the event or at the end of the period chosen by you whichever is earlier.

In case of Trigger set up by the Investors:

In case of Alert mode if you do not act on the execution link on the trigger date, the transaction will not be executed and the registration stands cancelled.

In case of Distributor Initiated Trigger:

If investor do not act on the execution link on the trigger date, the transaction will not be executed and the registration stands cancelled.

Under the ‘REPEAT’ mode, there are two sub-modes available as ‘Specific Date’ and ‘Specific Frequency’. By choosing ‘Specific Date’, up to 20 dates can be defined for execution. By choosing ‘Specific Frequency’, the CaST can be scheduled under Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Semi-Annual & Annual frequencies.

CaST is available for Purchases, Redemptions and Switches.

Electronic payment modes i.e. Net Banking & PayEezz are available.

On the scheduled date, the customer is communicated via an email and/or SMS.

Distributor / RIA created CaST will be time-stamped upon customer’s approval. Investor created CaST will be time-stamped on the execution date within cut-off time.

The CaST Registrations can be viewed under the ‘CaST & CaRT’ menu available under the Tracker/Status Book.

The CaST Registration status can be viewed in the ‘CaST & CaRT Book’. Upon execution, it is shown as ‘Executed’ and an icon is provided under the options menu to link to the order book to view the executed order. If the order is not yet executed, then the status remains as ‘Scheduled’ and additionally the numbers of days pending for execution is also displayed.

Yes, the CaST Registration can be modified / cancelled before it is executed if the CaST mode is ‘ONCE’. If the CaST mode is ‘REPEAT’, the Registration can be modified / cancelled before the 1st execution takes place. Once the 1st execution has been done, modification of the CaST Registration is not permitted but the CaST Registration can be cancelled and recreated afresh as required.

CaST Trigger Orders can be modified / cancelled before execution of CaST trigger