Description
360 ONE Mutual Fund launches Multi Asset Allocation Fund NFO with SIP facility from July 30 to August 13, 2025 on BSE StAR MF Platform.
Summary
360 ONE Mutual Fund is launching a New Fund Offer (NFO) for the 360 ONE MULTI ASSET ALLOCATION FUND with SIP facility on the BSE StAR MF Platform. The NFO period runs from July 30, 2025, to August 13, 2025, with tentative allotment on August 20, 2025.
Key Points
- Six scheme variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized as HYBRID funds
- NFO extended till midnight on August 13, 2025, for lumpsum purchases only
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
- Switches accepted during NFO period subject to fund receipt conditions
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Members must ensure clear funds are available in ICCL Account by 6:00 PM on August 19, 2025
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
- Pending transactions remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
- Cheques and OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: July 30, 2025
- NFO End Date: August 13, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: August 19, 2025 (6:00 PM)
- Tentative Allotment Date: August 20, 2025
- SIP Authentication Deadline: August 13, 2025 (3:00 PM)
Impact Assessment
This NFO provides new investment opportunities in the hybrid fund category with multi-asset allocation strategy. The impact is primarily positive for investors seeking diversified investment options. The extended NFO period and SIP facility enhance accessibility for retail investors on the BSE StAR MF Platform.
Impact Justification
New fund offering provides investment opportunities but has limited market-wide impact