Description
Angel One Mutual Fund launches ANGEL ONE GOLD ETF FUND OF FUND NFO with SIP facility from August 20 to September 3, 2025.
Summary
Angel One Mutual Fund is launching ANGEL ONE GOLD ETF FUND OF FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform. The NFO period runs from August 20, 2025, to September 3, 2025, with tentative allotment on September 10, 2025.
Key Points
- Two scheme variants available: Regular Plan Growth and Direct Plan Growth
- Both schemes categorized under DEBT with respective ISINs: INF1J2R01106 and INF1J2R01098
- 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
- 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 the specified deadline
- Transactions without client-initiated funds will be cancelled with CC and N flag reported to RTA/AMC
Important Dates
- NFO Start Date: August 20, 2025
- NFO End Date: September 3, 2025 (midnight for lumpsum)
- Clear Funds 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 for a gold ETF fund of fund. Provides investors with a new investment option in gold through ETF route with systematic investment facility.
Impact Justification
Standard NFO launch notification with limited market impact