2.1.7.1 Basic Info

This topic provides information on basic info tab of transaction processing rules.

1. Click Transaction Processing Rules, click Basic Info tab in screen to specify the details.
   The Basic Information screen is displayed.

   Figure 2-15 Transaction Processing Rules

   
   

   
   Description of "Figure 2-15 Transaction Processing Rules"

   
   
2. On Basic Info tab, specify the fields.
   For information on fields in the screen, refer the below table.

   Table 2-28 Transaction Processing Rules - Basic Info

   Field	Description
   Transaction Type	Alphanumeric; 2 Characters; Mandatory Specify the transaction type for which a transaction processing rules profile has been maintained for the fund.
   Transaction Type Description	Display The system displays the description for the selected transaction type.
   Transaction Frequency	Mandatory Select the frequency at which the transaction type will operate for the fund from the drop-down list. The list displays the following values: Daily Weekly Bi-weekly Monthly Quarterly Half-Yearly Yearly
   Transaction Enabled?	Mandatory Select Yes from the drop-down list to indicate that the transaction is enabled for the fund. It is possible to set up a temporary suspension of transactions, even if the transactions are open for the fund.
   Start Date	Date Format; Mandatory Specify the date from which the transaction type is enabled for transaction entry and processing for the fund.
   End Date	Date Format; Mandatory Specify the date up to which the transaction type is enabled for transaction entry and processing for the fund.
   Gross Amount	Mandatory Select if the processing mode for transaction type is gross or not from the drop-down list.
   Net Amount	Mandatory Select if the processing mode for transaction type is Net or not from the drop-down list.
   Gross Unit	Mandatory Select Yes for gross units from the drop-down list. For transactions with a gross processing mode, the value of the transaction, whether as an amount or a number of units, will be processed as a gross value from which any applicable charges will be deducted. Note: Opting for a gross or net mode in transaction processing is mode is only available for IPO, subscription or redemption transactions.
   Net Unit	Mandatory For transactions with a net processing mode, the amount value of the transaction will be processed as a net value apart from the charges.
   Transaction Suspended?	Mandatory You can use this field to suspend transactions of specific types for a fund. Check this box to indicate that the transactions of the selected type are suspended for the fund. The suspension would be enforced for transactions of the specific type both entered through the Transaction Detail screens as well as system-generated and uploaded transactions. Note: If the fund is suspended (as specified in the Fund Demographics), transactions of all types are not allowed into the fund. If the fund is not suspended, transactions of specific types that have been suspended for the fund in the Transaction Processing Rules (if any) are not allowed.
   Restrict Sale to Investor	Mandatory You can use this field to indicate that transactions of the selected type, into the fund must only be available to existing customers, and not to new customers. Select Yes from drop-down list to indicate this. If no such restrictions are applicable, select No in this field. When the system applies this restriction, it considers a new investor to be one whose balance holding in the fund is zero. This restriction is only applicable to the inflow transaction types subscription, switch in and transfer.
   Maximum IPO Issue Size	Numeric; 27 Characters; Optional Specify the maximum issue size for IPO transactions in the fund. This value places a restriction on the total IPO order value for the fund. If the total order value units exceed the maximum issue size, the number of allocated units is computed as follows: Quantity allotted = Quantity applied * (Maximum issue size / Total order value)
   Allow Systematic Plans?	Optional Select Yes from drop-down list to allow systematic plans. Select No if you do not wish to allow systematic investment plans. This indicator would be allowed for capture for IPO Subscription, Subscription, Redemption, Transfer and Switch type of transactions.