Description
NIPPON INDIA Mutual Fund will offer NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II for Specified Transaction Period from August 07-08, 2025 on BSE StAR MF Platform.
Summary
NIPPON INDIA Mutual Fund is launching NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II on BSE StAR MF Platform with a Specified Transaction Period from August 07-08, 2025. The fund offers 6 different plan variants across IDCW and Growth options with both regular and direct plans.
Key Points
- Fund available for subscription/redemption during normal business hours on August 07-08, 2025
- 6 scheme variants available: IDCW Payout, IDCW Reinvestment, Growth Plan (both regular and direct options)
- All schemes categorized as DEBT funds
- NAV applicable as per cut-off timing based on transaction receipt date/time
- Payment restrictions: MICR Cheque, Nodal and OTM payments not accepted during STP period
Regulatory Changes
No regulatory changes announced - this is a new product launch notification.
Compliance Requirements
- Members must ensure clear funds received before 2:30pm on transaction dates
- Funds received after deadline will be refunded after AMC/RTA rejection
- Transaction requests subject to scheme cut-off timings on BSE StAR MF platform
- Fund confirmation upload/receipt required for NAV applicability
Important Dates
- August 07, 2025: STP commencement date
- August 08, 2025: STP end date
- 2:30 PM: Daily cut-off for clear funds receipt
Impact Assessment
Medium impact limited to BSE StAR MF platform users and NIPPON INDIA Mutual Fund investors. Provides new debt investment option through interval fund structure. Payment method restrictions may require operational adjustments for affected transactions during the two-day STP window.
Impact Justification
New mutual fund product launch affects BSE StAR MF platform users but has limited broader market impact