SBI Mutual Fund Unlisted Share

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like Sharescart.com.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

You will get the best price for SBI Mutual Fund and a hassle-free buying experience only on Sharescart.com platform.

SBI Mutual Fund's unlisted shares can be easily purchased at Sharescart.com by following a few easy steps. Given below are the steps involved in the buying of these shares:

Step 1 - Confirm the number of shares you want to buy/sell of at the trading price.

Step 2 - Submit necessary documents like the Client Master Report (CMR) or additional documents (PAN, canceled cheque) if using a secondary bank account.

Step 3 - Transfer the trade amount to the account details shared by Sharescart.com.

Step 4 - Shares of will reflect in your Demat account within 24 hours after full payment (subject to holidays).

SBI Mutual Fund's unlisted shares can be easily sold at Sharescart.com by following a few easy steps. Given below are the steps involved in the of selling of these shares:

Step 1- Confirmation on the number of shares you want to sell of SBI Mutual Fund and at what price you want to sell.

Step 2- At Sharescart, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.

Step 3- The Sharescart representative will provide you with the Demat account details to transfer your SBI Mutual Fund shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.

Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.

Over the years, the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for SBI Mutual Fund is between 121,000 to 148,000.

Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.

If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).

• You need to download the Application.
• Login or Register yourself.
• Fill in your DP Id and Client Id (NSDL DP Id starts with IN and CDSL DP & Client Id in numeric).
• After registration, log on to your account and go to Dashboard.
• You can see all your holding (Listed, Unlisted, Mutual Fund) there.

The taxation on the SBI Mutual Fund shares may vary depending on 2 Factors:

• Short-term capital or long-term capital.
• Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)

Short-term capital

Unlisted shares - In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor's income tax slab.

Listed Shares - In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 20% without indexation benefits.

Long-term capital

Unlisted shares - The taxation for long-term capital gain i.e. more than 24 months is taxable at 12.5% without indexation benefits.

Listed Shares - The taxation for long-term capital gains i.e. more than 12 months is at 12.5% after an exemption of 1.25 lakh.

According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of SBI Mutual Fund varies depending on which type of investor you are:

• Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of SBI Mutual Fund shares.
• Alternative Investment Funds II - These investors don't have to serve any lock-in period.
• Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of SBI Mutual Fund enlisted shares.

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