Description
JIO BLACKROCK MUTUAL FUND launches 5 new index funds with SIP facility from August 5-12, 2025 on BSE StAR MF Platform.
Summary
JIO BLACKROCK MUTUAL FUND is launching 5 new index funds with SIP facility on BSE StAR MF Platform from August 5-12, 2025. The funds include Nifty 50, Nifty Smallcap 250, Nifty 8-13 Yr G-Sec, Nifty Midcap 150, and Nifty Next 50 index funds with tentative allotment on August 18, 2025.
Key Points
- 5 new index funds launching: Nifty 50, Nifty Smallcap 250, Nifty 8-13 Yr G-Sec, Nifty Midcap 150, and Nifty Next 50
- All funds are Direct Plan Growth options
- NFO period: August 5-12, 2025
- Tentative allotment date: August 18, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on August 14, 2025
- Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on August 14, 2025
- SIP/XSIP registrations authentication must be completed by 3:00 PM on NFO closure date
- Cheques & OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Period: August 5-12, 2025
- NFO Extension (lumpsum only): Until 6:00 PM on August 12, 2025
- Clear funds deadline: 6:00 PM on August 14, 2025
- Tentative allotment date: August 18, 2025
- SIP/XSIP authentication deadline: 3:00 PM on NFO closure date
Impact Assessment
Medium impact on mutual fund market segment as JIO BLACKROCK enters with diversified index fund offerings covering large cap, mid cap, small cap, and debt segments. This expands investment options for retail investors on BSE StAR MF Platform with systematic investment plan facilities.
Impact Justification
New fund launch affects mutual fund market segment with specific operational procedures