Description
NIPPON INDIA Mutual Fund launches quarterly interval fund with 6 scheme variants for subscription from August 7-8, 2025.
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 7-8, 2025. The fund offers 6 scheme variants across IDCW and Growth plans with both regular and direct options.
Key Points
- 6 debt fund scheme variants available (IDCW Payout, IDCW Reinvestment, Growth Plan - both regular and direct)
- Subscription and redemption requests accepted during normal business hours on August 7-8, 2025
- NAV applicable based on cut-off timing and fund confirmation
- MICR Cheque, Nodal and OTM payments not accepted during the STP period
- Clear funds must be received before 2:30 PM on specified dates
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Members must ensure clear funds are received before 2:30 PM on August 7-8, 2025
- MICR Cheque, Nodal and OTM payment modes restricted during STP period
- Funds not received on time will be refunded after AMC/RTA rejection
Important Dates
- August 7, 2025: STP period begins
- August 8, 2025: STP period ends
- 2:30 PM: Daily cut-off for clear funds receipt
Impact Assessment
Minimal market impact as this is a routine mutual fund scheme launch. Provides additional investment options for debt fund investors seeking quarterly interval fund exposure through BSE StAR MF platform.
Impact Justification
Routine mutual fund scheme launch with limited market impact