Description

Bandhan Mutual Fund launches new index fund NFO from Sept 3-17, 2025 with SIP facility on BSE StAR MF platform.

Summary

Bandhan Mutual Fund will offer the Bandhan BSE India Sector Leaders Index Fund as a New Fund Offer (NFO) with SIP facility from September 3, 2025 to September 17, 2025 on the BSE StAR MF Platform. The fund will be available in both Regular and Direct plans with Growth option, with tentative allotment date scheduled for September 23, 2025.

Key Points

  • NFO period: September 3-17, 2025 with extended lumpsum purchase till midnight on closing date
  • Two plan options available: Regular Plan (ISIN: INF194KB1KA6) and Direct Plan (ISIN: INF194KB1KB4)
  • Tentative allotment date: September 23, 2025
  • Clear funds must be available by 6:00 PM on September 22, 2025
  • SIP/XSIP/ISIP registration authentication required before 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 or transactions will be cancelled
  • Pending payment transactions remain in system till 3:00 PM on last fund pay-out day or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on September 22, 2025 for allotment
  • Cheques and OTM payments acceptable during NFO period subject to fund clearance deadline
  • Switch transactions accepted during NFO subject to fund receipt before allotment date

Important Dates

  • September 3, 2025: NFO opens
  • September 17, 2025: NFO closes (3:00 PM for SIP registration, midnight for lumpsum)
  • September 22, 2025: Clear funds deadline (6:00 PM)
  • September 23, 2025: Tentative allotment date

Impact Assessment

Minimal market impact as this is a routine NFO launch. The fund offers exposure to sector leaders through an index-based approach, providing investors with an additional investment option on the BSE StAR MF platform. Operational impact limited to standard NFO processing procedures for BSE members and participating investors.

Impact Justification

Routine NFO launch announcement with standard operational procedures for mutual fund platform