The settlement of the 3 different categories of purchase orders placed on the StAR MF platform is carried out on the basis of the settlement calendar issued by ICCL.

Settlement of Purchase transactions placed

Enclosed below is the brief flow of the transaction journey from order receipt till allotment.

• The entire Fund matching processes at ICCL are automated wherein valid MIS and bank details are matched with the orders upon receipt.
• Any unutilised funds for respective reasons are refunded back to Investors.