Description

BSE announces the launch of BAJAJ FINSERV Mutual Fund's new equity savings fund NFO from July 28 to August 11, 2025.

Summary

BSE has announced the launch of BAJAJ FINSERV Mutual Fund’s new equity savings fund NFO (New Fund Offer) on the BSE StAR MF Platform. The NFO will be available from July 28, 2025, to August 11, 2025, with SIP facility included. The fund offers six different plan variants including regular and direct plans across IDCW payout, IDCW reinvestment, and growth options.

Key Points

  • NFO period: July 28, 2025, to August 11, 2025
  • Six scheme variants available with different plan structures
  • All schemes categorized under EQUITY with unique ISIN codes
  • Tentative allotment date: August 19, 2025
  • SIP/XSIP facility available during NFO period
  • Extended trading hours available till midnight on closure date for lumpsum purchases

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification following existing mutual fund regulations.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on August 18, 2025
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
  • Cheques and OTM payments acceptable subject to clear funds receipt by specified deadline

Important Dates

  • NFO Start Date: July 28, 2025
  • NFO End Date: August 11, 2025 (extended till midnight for lumpsum purchases)
  • Clear Funds Deadline: August 18, 2025, by 6:00 PM
  • Tentative Allotment Date: August 19, 2025
  • Transaction Cancellation Deadline: T+1 day at 9:00 AM for uninitiated funds
  • SIP Authentication Deadline: August 11, 2025, by 3:00 PM

Impact Assessment

The launch introduces a new equity savings fund option for investors on BSE’s mutual fund platform. The fund provides diversified investment options through multiple plan variants. The SIP facility enables systematic investment planning for retail investors. Limited market impact as this represents expansion of existing AMC’s product offerings rather than structural market changes. The NFO may attract investor interest in equity savings category during the subscription period.

Impact Justification

New fund launch affects mutual fund market operations but limited to single AMC offering