Description
Angel One Mutual Fund launches Gold ETF Fund of Fund NFO with SIP facility from August 20 to September 3, 2025.
Summary
Angel One Mutual Fund is launching a New Fund Offer (NFO) for Angel One Gold ETF Fund of Fund with SIP facility on BSE StAR MF Platform from August 20 to September 3, 2025. The scheme offers both Regular Plan Growth and Direct Plan Growth options with tentative allotment on September 10, 2025.
Key Points
- NFO period: August 20, 2025 to September 3, 2025
- Two scheme options: Regular Plan Growth (ISIN: INF1J2R01106) and Direct Plan Growth (ISIN: INF1J2R01098)
- Tentative allotment date: September 10, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on September 8, 2025
- NFO extended till midnight September 3, 2025 for lumpsum purchases only
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
- Transactions without fund initiation will be cancelled with CC and N flag reported to RTA/AMC
- Clear funds must be available in ICCL Account by 6:00 PM on September 8, 2025
- Cheques and OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: August 20, 2025
- NFO End Date: September 3, 2025 (extended till midnight for lumpsum)
- Fund Payment Deadline: September 8, 2025 (6:00 PM)
- Tentative Allotment Date: September 10, 2025
- SIP Registration Deadline: September 3, 2025 (3:00 PM)
Impact Assessment
Minimal market impact as this is a standard NFO launch. Provides additional investment option for investors seeking gold ETF exposure through fund of fund structure. Standard operational procedures apply with clear timelines for fund settlement and allotment.
Impact Justification
Routine NFO launch announcement with standard operational details