Description
ANGEL ONE Mutual Fund launches ANGEL ONE GOLD ETF New Fund Offer from August 20 to September 2, 2025 on BSE StAR MF Platform.
Summary
ANGEL ONE Mutual Fund announces the launch of ANGEL ONE GOLD ETF New Fund Offer (NFO) on BSE StAR MF Platform from August 20, 2025 to September 2, 2025, with tentative allotment on September 5, 2025.
Key Points
- Two scheme variants: ANGEL ONE GOLD ETF and ANGEL ONE GOLD ETF - DIRECT PLAN (both categorized as Debt)
- NFO period: August 20, 2025 to September 2, 2025
- Tentative allotment date: September 5, 2025
- Extended trading till midnight on September 2, 2025 for lumpsum purchases only
- Clear funds must be available in ICCL Account by 6:00 PM on September 4, 2025
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 and reported to RTA/AMC with CC and N flag
- Clear funds must be available in ICCL Account by 6:00 PM on September 4, 2025
- Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
Important Dates
- NFO Start Date: August 20, 2025
- NFO End Date: September 2, 2025 (extended till midnight for lumpsum)
- Fund Initiation Deadline: 9:00 AM on T+1 day
- Clear Funds Deadline: 6:00 PM on September 4, 2025
- Tentative Allotment Date: September 5, 2025
Impact Assessment
Medium impact on mutual fund market participants and gold ETF investors. Provides new investment avenue in gold ETF category through BSE StAR MF Platform with specific compliance requirements for fund settlement.
Impact Justification
New ETF launch affects mutual fund investors and trading participants on BSE platform