Description
ZERODHA Mutual Fund launches new government securities ETF NFO from August 8-12, 2025 on BSE platform with specific payment and allotment requirements.
Summary
ZERODHA Mutual Fund is launching ZERODHA NIFTY 8-13 YR G-SEC ETF as a New Fund Offering (NFO) on BSE StAR MF Platform from August 8-12, 2025. The scheme focuses on government securities with 8-13 year maturity and has specific payment and allotment timelines that members must follow.
Key Points
- NFO period: August 8-12, 2025 (extended till midnight on August 12)
- Scheme category: EQUITY with ISIN INF0R8F01133
- Tentative allotment date: August 14, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on August 13, 2025
- Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments accepted subject to clear funds receipt
Regulatory Changes
No regulatory changes introduced. This is a new product launch following existing mutual fund regulations.
Compliance Requirements
- Members must ensure client funds are initiated by 9:00 AM on T+1 day to avoid cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on August 13, 2025
- Transactions with initiated payments remain pending until 3:00 PM on last day of funds payout or T+5, whichever is earlier
- CC with N flag will be reported to RTA/AMC for cancelled transactions
Important Dates
- NFO Start Date: August 8, 2025
- NFO End Date: August 12, 2025 (midnight)
- Clear Funds Deadline: August 13, 2025 (6:00 PM)
- Tentative Allotment Date: August 14, 2025
Impact Assessment
Medium impact on BSE StAR MF platform operations as members need to manage new ETF NFO transactions with strict payment timelines. The government securities focus may attract institutional and retail investors seeking duration-specific exposure to Indian government bonds.
Impact Justification
New ETF launch affecting mutual fund platform operations with specific compliance requirements