4.35 Consolidation of Portfolios

This topic provides information about Consolidation of Portfolios.

The flow chart below explains how the RTA interface would handle transfer and consolidation of portfolios.

Figure 4-31 Transfer with Consolidation Logic

Description of "Figure 4-31 Transfer with Consolidation Logic"

Only Consolidation:

This is a case where the unit holder has invested in an IPO fund of an AMC and later subscribed into another fund of the same AMC. The folio number is allocated to the user after subscription confirmation, the RTA however allocates a new folio for the IPO subscription. In this case a consolidation of folio is required.

Note:

No Transfer In type of record would be available in this case as it is just a consolidation of the folio numbers.

The flow chart below illustrates the above logic.

Figure 4-32 Transfer with Consolidation Logic - No Process

Description of "Figure 4-32 Transfer with Consolidation Logic - No Process"