Description
BARODA BNP PARIBAS MUTUAL FUND launches Gold ETF Fund of Fund NFO with SIP facility from August 4-14, 2025.
Summary
BARODA BNP PARIBAS MUTUAL FUND will launch BARODA BNP PARIBAS GOLD ETF FUND OF FUND NFO with SIP facility on BSE StAR MF Platform from August 4, 2025, to August 14, 2025. The scheme includes both Regular Plan and Direct Plan Growth options with tentative allotment on August 20, 2025.
Key Points
- NFO period: August 4-14, 2025
- Two scheme options: Regular Plan (ISIN: INF251K01VE7) and Direct Plan (ISIN: INF251K01VF4)
- Both schemes categorized under DEBT with Growth option
- Extended trading till midnight on August 14, 2025 for lumpsum purchases only
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes introduced. This is a new product launch announcement.
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 19, 2025
- Cheques & OTM payments acceptable subject to clear funds receipt by deadline
- Switch transactions must receive funds before allotment date for consideration
Important Dates
- NFO Start Date: August 4, 2025
- NFO End Date: August 14, 2025
- Fund Payment Deadline: 6:00 PM, August 19, 2025
- Tentative Allotment Date: August 20, 2025
- SIP Registration Deadline: 3:00 PM on NFO closure date
Impact Assessment
Medium impact on mutual fund segment participants. Introduces new investment option for gold exposure through ETF fund of fund structure. Requires operational coordination for fund collection and allotment process within specified timelines.
Impact Justification
New mutual fund offering with specific operational requirements and deadlines for market participants