Description
NIPPON INDIA Mutual Fund launches quarterly interval fund with specified transaction period from August 07-08, 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 (STP) from August 07-08, 2025. The fund offers 6 different plan variants across IDCW and Growth options in both regular and direct categories.
Key Points
- New quarterly interval fund launch by NIPPON INDIA AMC
- Specified Transaction Period: August 07-08, 2025
- 6 scheme variants available (IDCW Payout, IDCW Reinvestment, Growth in both Regular and Direct plans)
- All schemes categorized under DEBT fund type
- Transaction requests accepted during normal business hours
- NAV applicable as per cut-off timing based on receipt of transaction
Regulatory Changes
No regulatory changes mentioned - this is a new product launch announcement.
Compliance Requirements
- MICR Cheque, Nodal and OTM payments not accepted during STP period (August 07-08, 2025)
- Clear funds must be received by Exchange before 2:30pm on transaction dates
- Funds received after cut-off will be refunded after AMC/RTA rejection
- Transactions subject to fund confirmation upload/receipt
Important Dates
- August 07, 2025: STP begins
- August 08, 2025: STP ends
- 2:30 PM: Daily cut-off time for fund receipt
Impact Assessment
Limited impact as this affects only investors interested in interval funds. The short 2-day transaction window requires prompt action from interested investors. Payment restrictions may cause inconvenience but are temporary. Overall market impact is minimal as this is a niche debt fund product launch.
Impact Justification
New mutual fund scheme launch with limited transaction window affects only mutual fund investors