Description
NIPPON INDIA Mutual Fund launches Annual Interval Fund Series I with specified transaction period from August 13-14, 2025.
Summary
NIPPON INDIA Mutual Fund is launching the NIPPON INDIA ANNUAL INTERVAL FUND - SERIES I on BSE StAR MF Platform with a Specified Transaction Period from August 13-14, 2025. The fund offers 6 different plan variants across direct and regular categories with IDCW and growth options.
Key Points
- Fund activation on BSE StAR MF Platform for August 13-14, 2025
- Six scheme variants available: Direct/Regular plans with IDCW Payout, IDCW Reinvestment, and Growth options
- All schemes categorized as DEBT funds
- Transaction requests accepted during normal business hours on specified dates
- NAV applicable based on cut-off timing and fund confirmation
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- MICR Cheque, Nodal and OTM payments not accepted for this fund during the transaction period
- Clear funds must be received before 2:30 PM on specified dates
- Funds received after deadline will be refunded to investors after AMC/RTA rejection
Important Dates
- August 13-14, 2025: Specified Transaction Period (STP)
- 2:30 PM: Daily deadline for clear funds receipt
Impact Assessment
Limited market impact as this is a routine mutual fund scheme activation. Primary effect on BSE StAR MF platform participants and NIPPON INDIA Mutual Fund investors seeking debt fund exposure through interval fund structure.
Impact Justification
Routine mutual fund scheme activation with limited market impact