UNTIL RECENTLY, INVESTING in an initial public offering (IPO) was a tedious process, with the whole procedure taking more than a couple of weeks to complete. Similarly, opening a demat account or waiting for the shares or funds to be credited in the investor’s account used to take a few days, at least. The scenario was no different in the mutual fund (MF) space or, for that matter, most aspects related to the Indian stock market. Although the Indian capital markets were safe and robust, speed was something that was still in the slow lane.
The past couple of years have seen a paradigm shift in the way the domestic market behaves. In fact, the Indian stock market is set to see a significant transformation in the next few years. Capital markets regulator, the Securities
