Examples of TAMCO in a sentence
The Board of TAMCO has also constituted an Investment Monitoring Committee comprising of two Independent Directors and Managing Director of the Company.
TAMCO shall check that the funds have been debited from a pre-registered pay in account, or from the account of the first named unit holder.
If aggregated payments are received via Channel distributors, TAMCO shall ensure that the settlement model has satisfactory checks and balances against third party payments.
Payment by TAMCO to a Distributor empanelled with it on account of commission/ incentive etc.
TAMCO shall check that the account number mentioned on the transfer instruction copy is a registered pay-in account or belonging to the first named unit holder.
In addition, TAMCO reserves the right to ask for cancelled cheque leaf or copy of bank statement / pass book page mentioning bank account number, account holders' name and address or such other document as TAMCO may require for verifying the source of funds to ensure that funds have come from the drawer's account only.
Restrictions on acceptance of third party instruments TAMCO will not accept any application for subscription to units of schemes of Taurus Mutual Fund where such application is accompanied by Third Party Payment other than the exceptions given in paragraph below.
Transaction Charge TAMCO shall deduct a "Transaction charge" (TC) on all Purchases/ SIP amount, received from first time mutual fund investors (New) and existing mutual fund investors through our empanelled distributor/agent (who has chosen for "Opt- in"), and units will be allotted for the balance amount.
The aggregate inter-scheme investment under TAMCO in schemes under the management of any other AMC shall not exceed 5% of the Net Asset Value of the Fund.
However, in order to facilitate exit to unit holders in segregated portfolio, TAMCO will enable listing of units of segregated portfolio on the recognized stock exchange within 10 working days of creation of segregated portfolio and also enable transfer of such units on receipt of transfer requests.