Description
DSP Mutual Fund launches new index fund NFO from Aug 08-22, 2025 with SIP facility on BSE StAR MF Platform.
Summary
DSP Mutual Fund is launching DSP NIFTY500 FLEXICAP QUALITY 30 INDEX FUND as a New Fund Offer (NFO) from August 8, 2025 to August 22, 2025 on BSE StAR MF Platform. The fund offers 6 scheme variants including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.
Key Points
- NFO period: August 8-22, 2025
- 6 scheme variants available (Regular/Direct plans with different options)
- Tentative allotment date: August 29, 2025
- 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
- Extended trading till midnight on August 22, 2025 for lumpsum purchases only
Regulatory Changes
No regulatory changes introduced - this is a standard NFO launch following existing procedures.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- Transactions without fund initiation will be cancelled and reported with N flag to RTA/AMC
- Clear funds must be available in ICCL Account by 6:00 PM on August 28, 2025 for allotment
- Switch transactions must receive funds on or before allotment date for NFO consideration
Important Dates
- NFO Start Date: August 8, 2025
- NFO End Date: August 22, 2025 (extended till midnight for lumpsum)
- SIP Registration Deadline: 3:00 PM on August 22, 2025
- Fund Availability Deadline: 6:00 PM on August 28, 2025
- Tentative Allotment Date: August 29, 2025
Impact Assessment
Low market impact as this is a routine mutual fund product launch. The NFO provides investors with a new index fund option tracking NIFTY500 FLEXICAP QUALITY 30 INDEX. Impact limited to DSP Mutual Fund’s product portfolio expansion and potential fund flows into the equity market through this index fund.
Impact Justification
Routine mutual fund NFO launch with standard procedures and limited market impact