Description
SBI Mutual Fund extends NFO period for Dynamic Asset Allocation Active FOF from Sep 08 to Sep 09, 2025, with updated payment and allotment timelines.
Summary
SBI Mutual Fund has extended the New Fund Offer (NFO) period for SBI Dynamic Asset Allocation Active Fund of Funds from September 08, 2025 to September 09, 2025 on BSE StAR MF Platform. The extension comes with updated payment timelines and allotment procedures for investors.
Key Points
- NFO extended by one day until midnight on September 09, 2025
- Extension applies only to lumpsum purchases on BSE StAR MF Platform
- Tentative allotment date confirmed for September 15, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on September 12, 2025
- SIP/XSIP registrations require client authentication before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes introduced - this is an operational extension of existing NFO terms.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
- Cheques and OTM payments acceptable during NFO period subject to clear funds receipt deadline
- Switch transactions must receive funds before allotment date for consideration
- SMART NFO switches triggered to AMC/RTA on September 05, 2025
Important Dates
- NFO Extension End: September 09, 2025 (midnight)
- Clear Funds Deadline: September 12, 2025 (6:00 PM)
- Tentative Allotment Date: September 15, 2025
- SIP/XSIP Authentication Deadline: September 09, 2025 (3:00 PM)
Impact Assessment
The one-day extension provides additional opportunity for investors to participate in the NFO while maintaining strict payment and settlement timelines. Trading members must ensure proper communication to clients regarding the extended deadline and associated payment requirements to avoid transaction cancellations.
Impact Justification
NFO extension affects mutual fund investors and trading members with specific payment deadlines