Description
ZERODHA Mutual Fund launching new ETF NFO from August 25 to September 5, 2025 with specific fund settlement requirements.
Summary
ZERODHA Mutual Fund is launching the ZERODHA NIFTY SMALLCAP 100 ETF as a New Fund Offer (NFO) on BSE StAR MF Platform from August 25, 2025 to September 5, 2025, with tentative allotment on September 9, 2025.
Key Points
- NFO period: August 25, 2025 to September 5, 2025 (extended till midnight)
- Scheme: ZERODHA NIFTY SMALLCAP 100 ETF (EQUITY category)
- ISIN: INF0R8F01141
- Tentative allotment date: September 9, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on September 8, 2025
- Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled
Regulatory Changes
No regulatory changes mentioned - this is a new product launch announcement.
Compliance Requirements
- Members must ensure client funds are initiated by 9:00 AM on T+1 day
- Clear funds must be available in ICCL Account by 6:00 PM on September 8, 2025
- Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
- Switch transactions must receive funds before allotment date for consideration
Important Dates
- NFO Start: August 25, 2025
- NFO End: September 5, 2025 (midnight)
- Fund Settlement Deadline: September 8, 2025 (6:00 PM)
- Tentative Allotment: September 9, 2025
- Transaction Cancellation: T+1 day at 9:00 AM if funds not initiated
- Pending Transaction Timeout: T+5 or 3:00 PM on last NFO payout day
Impact Assessment
Medium impact on mutual fund operations as members need to manage specific settlement timelines and fund availability requirements. The ETF focuses on NIFTY SMALLCAP 100 index, providing new investment option for small-cap exposure through ETF structure.
Impact Justification
New ETF launch affects mutual fund trading operations with specific settlement timelines