Description

BARODA BNP PARIBAS BUSINESS CONGLOMERATES FUND NFO with SIP facility launching September 2-15, 2025 on BSE StAR MF Platform with tentative allotment on September 22, 2025.

Summary

BSE announces the launch of BARODA BNP PARIBAS BUSINESS CONGLOMERATES FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from September 2-15, 2025, with tentative allotment scheduled for September 22, 2025.

Key Points

  • Six scheme variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
  • All schemes categorized as EQUITY funds with unique ISIN codes
  • Clear funds must be available in ICCL Account by 6:00 PM on September 19, 2025
  • Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled
  • NFO extended till midnight September 15, 2025 for lumpsum purchases only
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on September 19, 2025 for allotment eligibility
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by deadline
  • Switch transactions must receive funds before allotment date for NFO consideration

Important Dates

  • NFO Period: September 2-15, 2025
  • Fund Clearance Deadline: September 19, 2025 (6:00 PM)
  • Tentative Allotment Date: September 22, 2025
  • SIP Registration Deadline: September 15, 2025 (3:00 PM)
  • Extended Trading: Until midnight September 15, 2025 (lumpsum only)

Impact Assessment

Medium impact on mutual fund market participants as it introduces a new equity investment option focusing on business conglomerates. The NFO provides investors with multiple plan variants and SIP facility, expanding investment choices on BSE StAR MF Platform. Operational procedures ensure proper fund settlement and allotment processes.

Impact Justification

New mutual fund launch affects investment options for market participants