The Central Depository Services (India) Limited (CDSL) on October 30, 2026, has informed Depository Participants (DPs) regarding the implementation of the SEBI framework for extending the facility of creating standing instructions for Systematic Withdrawal Plans (SWP) and Systematic Transfer Plans (STP) for mutual fund units held in demat form, pursuant to SEBI Circular dated July 17, 2026.
Accordingly, the standard framework, developed in consultation with SEBI, Stock Exchanges, Clearing Corporations and Mutual Fund Registrar and Transfer Agents (RTAs), has been issued as Annexure A. CDSL has stated that the operational modalities for implementation of the facility will be communicated separately.
[Notification No. CDSL/OPS/DP/POLCY/2026/766]