Description

DSP MUTUAL FUND launching DSP NIFTY500 FLEXICAP QUALITY 30 INDEX FUND NFO from Aug 08-22, 2025 on BSE StAR MF Platform with specific payment and allotment requirements.

Summary

DSP MUTUAL FUND is launching a New Fund Offer (NFO) for DSP NIFTY500 FLEXICAP QUALITY 30 INDEX FUND on BSE StAR MF Platform from August 08, 2025 to August 22, 2025. The NFO includes 6 scheme variants across Regular and Direct plans with Growth and IDCW options, with tentative allotment date of August 29, 2025.

Key Points

  • NFO period: August 08-22, 2025
  • Six scheme variants available: Regular/Direct plans with Growth/IDCW Payout/IDCW Reinvestment options
  • All schemes categorized as Equity funds
  • Tentative allotment date: August 29, 2025
  • Clear funds must be available in ICCL Account by 6:00 PM on August 28, 2025
  • Extended trading till midnight on August 22, 2025 for lumpsum purchases only

Regulatory Changes

No regulatory changes introduced - this is a standard NFO launch notification.

Compliance Requirements

  • Transactions without client fund initiation by 9:00 AM on T+1 day will be cancelled
  • Pending transactions remain in system till 3:00 PM on last NFO day or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on August 28, 2025
  • SIP/XSIP registrations 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 Start Date: August 08, 2025
  • NFO End Date: August 22, 2025 (extended till midnight for lumpsum)
  • Clear Funds Deadline: August 28, 2025 at 6:00 PM
  • Tentative Allotment Date: August 29, 2025
  • SIP/XSIP Registration Deadline: August 22, 2025 at 3:00 PM

Impact Assessment

Medium impact on BSE StAR MF Platform operations with new equity index fund offering. Members need to ensure compliance with specific fund payment timelines and client transaction processing requirements. Switch transactions have specific conditions tied to NFO allotment dates.

Impact Justification

Standard NFO launch affecting mutual fund platform operations with specific timelines for members