Description

Bandhan Mutual Fund launches NFO for BSE India Sector Leaders Index Fund from September 3-17, 2025 with SIP facility on BSE StAR MF Platform.

Summary

Bandhan Mutual Fund is launching a New Fund Offer (NFO) for the Bandhan BSE India Sector Leaders Index Fund on the BSE StAR MF Platform. The NFO period runs from September 3, 2025 to September 17, 2025, with SIP facility available. The fund offers both Regular and Direct plans with Growth option, targeting tentative allotment on September 23, 2025.

Key Points

  • NFO period: September 3-17, 2025 with extended lumpsum purchase till midnight on closure date
  • Two plans available: Regular Plan (ISIN: INF194KB1KA6) and Direct Plan (ISIN: INF194KB1KB4)
  • Both plans are equity schemes with Growth option
  • Tentative allotment date: September 23, 2025
  • Clear funds must be available in ICCL Account by 6:00 PM on September 22, 2025
  • SIP/XSIP/ISIP registration authentication deadline: 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes announced. This is a standard NFO launch following existing BSE StAR MF Platform procedures.

Compliance Requirements

  • Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Pending payment transactions remain in system till 3:00 PM on last day of funds pay-out or T+5, whichever is earlier
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by September 22, 2025
  • Switches accepted during NFO period subject to fund receipt before allotment date
  • SIP registration authentication must be completed before 3:00 PM on NFO closure date

Important Dates

  • NFO Opens: September 3, 2025
  • NFO Closes: September 17, 2025 (extended till midnight for lumpsum purchases)
  • Clear Funds Deadline: 6:00 PM on September 22, 2025
  • Tentative Allotment: September 23, 2025
  • SIP Authentication Deadline: 3:00 PM on September 17, 2025

Impact Assessment

Minimal market impact as this is a routine NFO launch. The fund tracks the BSE India Sector Leaders Index, providing investors with a passive investment option focused on sector leaders. Members and distributors need to ensure compliance with specified timelines for fund collection and remittance to facilitate smooth allotment process.

Impact Justification

Routine NFO launch announcement with standard operational details for market participants