DSE unveils plan to automate open-end mutual fund unit trading

The Dhaka Stock Exchange (DSE) is set to introduce a web-based platform to automate and integrate the creation and redemption of open-end mutual fund units, aiming to make mutual fund investments more accessible and transparent for investors.

The proposed system was unveiled at a workshop hosted by the DSE on Monday. The platform will be accessible through both desktop and mobile applications, allowing investors across Bangladesh to participate more conveniently in open-end mutual fund transactions.

Under the proposed framework, stockbrokers will act as selling or dealing agents for asset managers, assisting investors in purchasing and redeeming fund units. All sales and redemptions will be executed at prices determined by the respective asset managers, in compliance with the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2025.

BSEC Commissioner Nafeez Al Tarik, who attended the workshop as chief guest, praised the DSE initiative, saying the platform would play an important role in developing the mutual fund industry and delivering greater benefits to investors.

DSE Managing Director Nuzhat Anwar said the initiative is part of the exchange's broader efforts to modernise capital market infrastructure and encourage portfolio diversification.

"Developing this platform marks a major step toward making mutual fund investments simpler, more convenient, transparent and technology-driven," she said.

DSE General Manager (Market Development) Saied Mahmud Zubayer gave a detailed presentation on the proposed system and its operational framework at the workshop.

The proposed platform is expected to bring the buying and redemption process for open-end mutual fund units into a more integrated digital environment, potentially reducing operational complexities for investors, brokers and asset managers.