3.4.16 Save Transaction

This topic provides instructions to save transaction details in FCIS IPO Subscription Detail Screen.

At this stage, you can save the transaction by clicking the Save button at the bottom of the Transaction Information Section. The transaction is saved, and the system generated transaction number (and the reference number, if any) is displayed.

Note:

If the Auto-authorization feature is enabled for the Save operation for the AMC ID, then the transaction is saved as an authorized transaction. If not, it is saved as an unauthorized transaction. In either case, the Transaction Number is generated and displayed when you invoke the Save operation.

Alternatively, the following information may also need to be captured before you save an IPO transaction.

In the Intermediary section, ensure that all the identified brokers for the unit holder, that have not been disabled as on the application date, have been selected, and that the commission split percentages for all selected brokers sum up to one hundred percent.

In the Settlement Details under Transaction section, you may need to capture the payment details for the transaction.

In the Load Override section, you may need to override an allocation frequency charge or load.

There are three options available for such overrides:

• Discount
• Increase
• Return Value

Discount will reduce the slab value by the specified percent/amount for all slabs.

Increase will increase the slab value by the specified percent/amount for all slabs.

Return Value will change the return value for all the slabs to the specified percent/amount.

In the Certificate Details section, you may need to alter the minimum and maximum denominations. An override of these specifications is possible if it is allowed as designated in the fund rules.

In the Document Details section, you may need to capture the document id of the unit holder. You can either enter the document id or choose the same from the option list provided. This section will be enabled only if your installation is integrated with DMS.

You can now save the transaction.

Note:

In case of 100% outflows redemption/switch/transfers, if blocked/provisional units are present for the Unitholder and fund combination, then the system will display the warning message as Blocked/provisional Units available for this Fund and Unit holder, However, you can override this message and save the transaction.

If any unalloted 100% outflow transaction exists across dates, i.e. across transaction types captured for same UH fund combination, then the system will display the warning message.

If concurrent users try to capture transactions for the same investor for a tax year, ISA limit validation might lead to session time out. This is applicable for both online and gateway users.