Description
Bandhan Mutual Fund launches new NFO for BSE India Sector Leaders Index Fund with SIP facility from September 3-17, 2025 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 will be offered in both Regular and Direct plans with Growth option, with tentative allotment scheduled for September 23, 2025.
Key Points
- NFO period: September 3, 2025 to September 17, 2025
- Available plans: Regular Plan (ISIN: INF194KB1KA6) and Direct Plan (ISIN: INF194KB1KB4)
- Both plans offer Growth option under Equity category
- SIP/XSIP/ISIP registration authentication required before 3:00 PM on NFO closure date
- Lumpsum purchases extended till midnight on September 17, 2025
- Switches accepted during NFO period subject to fund receipt conditions
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 or transactions will be cancelled
- Clear funds must be available in ICCL Account by 6:00 PM on September 22, 2025
- Pending payment transactions remain in system till 3:00 PM on last fund payout day or T+5, whichever is earlier
- Cheques and OTM payments acceptable during NFO period subject to clear fund receipt by September 22, 2025 at 6:00 PM
- SIP/XSIP/ISIP registration authentication must be completed before 3:00 PM on NFO closure date
Important Dates
- NFO Opening: September 3, 2025
- NFO Closing: September 17, 2025 (3:00 PM for SIP registration, midnight for lumpsum)
- Clear Funds Deadline: September 22, 2025 (6:00 PM)
- Tentative Allotment Date: September 23, 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 an additional passive investment option. Standard operational procedures apply for BSE StAR MF Platform members handling client transactions during the NFO period.
Impact Justification
Routine NFO launch announcement with standard operational procedures for mutual fund distribution