What are the 4 New Mobile Solutions Launched by NSE?
Synopsis
Key Takeaways
- Four new mobile solutions launched by NSE.
- Enhanced accessibility for investors and trading members.
- New features include a WhatsApp chatbot for updates.
- The upgraded Investor App tracks portfolios easily.
- NSE MF Invest platform enhancements improve user experience.
New Delhi, Oct 24 (NationPress) The National Stock Exchange (NSE) revealed on Friday the launch of four innovative mobile solutions alongside significant improvements to its NSE MF Invest mutual fund platform.
These initiatives are designed to boost accessibility, transparency, and convenience for investors, trading members, and listed companies, as per a statement.
The updated digital suite includes an enhanced Investor App that simplifies portfolio tracking, allowing users to either enter details manually or link their trades conducted on NSE, and it is available in 13 languages, including English and Hindi.
Users can link their broker accounts registered with NSE through the Unique Client Identification (UCI).
The mobile application is accessible on both iOS and Android platforms, and it supports languages such as English, Hindi, Marathi, Gujarati, Bengali, Kannada, Tamil, Telugu, Punjabi, Malayalam, Oriya, Assamese, and Urdu.
NSE has also introduced a WhatsApp chatbot to provide market updates, statistics, and price information.
Additionally, the Member Portal App has been launched, featuring real-time compliance dashboards for submission and penalty statuses, along with easy access to essential resources like investor awareness programs, circulars, and FII/DII statistics.
The introduction of an NEAPs app enables companies to track submission status, compliance calendars, and stock performance. All applications are now available on the Apple App Store and Google Play Store.
Moreover, significant improvements have been made to the NSE MF Invest platform, focusing on enhancing investor convenience and facilitating business operations for market participants, according to the release.
Enhancements to NSE MF Invest include a carting facility and payment retriggering that allows up to 10 orders (lump sum, SIP, STP, and SWP) in a single session, along with folio auto-population.
This folio auto population feature automatically fills transactions linked to investors on the NSE MF Invest Platform, thereby minimizing manual entry errors and order rejections, as stated in the release.
Furthermore, mapping for EUIN, sub-broker code, and ARN has been introduced to further reduce manual entry errors.