Description
SBI Mutual Fund launches new fund offer with SIP facility for Dynamic Asset Allocation Active FOF from August 25 to September 8, 2025.
Summary
SBI Mutual Fund is launching SBI Dynamic Asset Allocation Active Fund of Funds (FOF) with New Fund Offer (NFO) and SIP facility on BSE StAR MF Platform from August 25, 2025 to September 8, 2025, with tentative allotment on September 15, 2025.
Key Points
- Six scheme variants offered: Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
- All schemes classified as DEBT type with unique ISIN codes
- NFO period: August 25 to September 8, 2025
- Tentative allotment date: September 15, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on September 12, 2025
- Extended trading till midnight on September 8, 2025 for lumpsum purchases only
Regulatory Changes
No regulatory changes introduced - this is a new product launch announcement.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- Transactions without fund initiation will be cancelled and reported with N flag to RTA/AMC
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
- Cheques and OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: August 25, 2025
- NFO End Date: September 8, 2025 (extended till midnight for lumpsum)
- SIP Authentication Deadline: 3:00 PM on September 8, 2025
- Clear Funds Deadline: 6:00 PM on September 12, 2025
- Tentative Allotment Date: September 15, 2025
Impact Assessment
Medium impact on mutual fund market participants. Provides new investment option for dynamic asset allocation strategies. SIP minimum requirements (Rs. 500-999 needs 12 installments, Rs. 1000+ needs 6 installments) may affect investor participation patterns. Switch transactions during NFO period subject to fund receipt timing.
Impact Justification
New fund launch affects mutual fund investors and platform operations