2.1.7.8 SI Rules for Frequency

This topic provides information on SI rules for frequency tab of transaction processing rule screen details.

You can maintain the rules for standing instructions generation, for a fund-investment account type and transaction type combination, in the SI Specific Information Tab.

  1. Click Transaction Processing Rules, click SI Rules for Frequency tab in screen to specify the details.
    The SI Rules for Frequency screen is displayed.

    Figure 2-22 SI Rules for Frequency


    Description of Figure 2-22 follows
    Description of "Figure 2-22 SI Rules for Frequency"

    This information is optional and can be captured for IPO, Subscription, Redemption, Switch and Transfer transaction types.

    For each combination, you can maintain the holiday rule and the calendar basis that is to be used. To view the transaction type level rules that have been defined in the Transaction Processing Rules for the fund, click SI Details button.

    In this section, you can maintain the rules for standing instruction generation that are to be applicable for the fund. You can maintain the following rules:

    • The default frequency for standing instructions generation – Daily, Bi-Weekly, Weekly, Monthly, Quarterly, Half-Yearly or Yearly
    • The generation cycle for standing instructions – Monthly, Quarterly, Half-Yearly or Yearly
    • The SI Minimum and Maximum Amount.
    • The Minimum and Maximum SI units.
    • The specific generation day, if any.
    • If the generation of standing instructions must happen on the last day of the frequency period.
    • The cut-off day for SI generation.
    • The cut-off lag for SI generation.
    • Whether the SI rules must be enforced.
    • The default description for the standing instruction.
    • The maximum number of installments for the Monthly, Quarterly, Half yearly and Yearly frequencies.
    • The maximum number of days between the application date and the SI End Date
  2. On SI Rules for Frequency tab, specify the fields.

    For more information on fields in the screen, refer the below table.

    Table 2-36 Transaction Processing Rule - SI Rules for Frequency

    Field Description
    Frequency Mandatory

    Select the frequency for standing instruction generation from the drop-down list. The list displays the following values:

    • Daily
    • Bi-Weekly
    • Weekly
    • Monthly
    • Quarterly
    • Half-Yearly
    • Yearly
    SI Minimum Amount Numeric; 18 Characters; Optional

    Specify the SI Minimum Amount.

    SI Maximum Amount Numeric; 18 Characters; Optional

    Specify the SI Maximum Amount.

    SI Minimum Units Numeric; 18 Characters; Optional

    Specify the SI Minimum Units.

    SI Maximum Units Numeric; 27 Characters; Optional

    Specify the SI Maximum Units.

    Frequency ID Alphanumeric; 10 Characters; Mandatory

    Specify the Frequency ID.

    SI Minimum Holdings Amount Numeric; 18 Characters; Optional

    Specify SI Minimum Holdings Amount.

    SI Minimum Holdings Units Numeric; 18 Characters; Optional

    Specify SI Minimum Holdings Units.

    SI Minimum Holdings Apply For Optional

    Select SI minimum holdings apply for option from the drop-down list. The list displays the following values:

    • CIF
    • Unit Holder
    SI Minimum Holdings Indicator Mandatory

    Select SI minimum holdings indicator from drop-down list. The list displays the following values:

    • Amount
    • Units
    • Lower of Amount/Units
    • Higher of Amount/Unit
    Min No of SI Numeric; 5 Characters; Optional

    Specify the minimum number of SI.
    No. Of Consecutive Failures Numeric; 2 Characters; Optional

    Specify the number of consecutive failures.
    Holiday Rule Optional

    Select the holiday rule to be applied from the drop-down list. The list displays the following values:

    • Prior
    • After
    SI Auto-Termination Counter Numeric; 2 Characters; Optional

    Specify the SI Auto-Termination Counter.

Parent topic: Transaction Processing Rules Button