Description

SBI Mutual Fund launches new Dynamic Asset Allocation Active Fund of Funds with SIP facility from August 25 to September 8, 2025.

Summary

SBI Mutual Fund is launching SBI Dynamic Asset Allocation Active Fund of Funds (FOF) as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 25, 2025 to September 8, 2025. The scheme offers 6 variants across regular and direct plans with different dividend options.

Key Points

  • NFO period: August 25, 2025 to September 8, 2025
  • Six scheme variants available (Regular/Direct plans with Growth/IDCW options)
  • Tentative allotment date: September 15, 2025
  • SIP facility available with specific investment amount ranges and minimum installment requirements
  • Extended trading till midnight on September 8, 2025 for lumpsum purchases only
  • Clear funds must be available in ICCL Account by 6:00 PM on September 12, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client funds are initiated 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
  • Clear funds must be available in ICCL Account by 6:00 PM on September 12, 2025
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
  • Minimum installment requirements: 12 installments for Rs. 500-999 monthly SIP, 6 installments for Rs. 1,000+ monthly SIP

Important Dates

  • NFO Start Date: August 25, 2025
  • NFO End Date: September 8, 2025 (extended till midnight for lumpsum)
  • Clear Funds Deadline: September 12, 2025 (6:00 PM)
  • Tentative Allotment Date: September 15, 2025
  • SIP Authentication Deadline: September 8, 2025 (3:00 PM)

Impact Assessment

Medium impact on mutual fund market participants. The launch provides new investment options for investors seeking dynamic asset allocation strategies through fund-of-funds structure. SIP facility enhances accessibility for retail investors. The specific compliance requirements and deadlines require careful attention from BSE members to ensure smooth execution of client transactions.

Impact Justification

New mutual fund offering affects investment options for market participants