Description
UTI Mutual Fund launches interval fund with specified transaction period from September 9-10, 2025 on BSE platform.
Summary
BSE announces the activation of UTI Annual Interval Fund - I on BSE StAR MF Platform for a specified transaction period from September 9-10, 2025. The interval fund offers six variants across regular and direct plans with different dividend and growth options.
Key Points
- UTI Annual Interval Fund - I available for subscription/redemption September 9-10, 2025
- Six scheme variants: Regular/Direct plans with IDCW Payout, IDCW Reinvestment, and Growth options
- All variants classified as debt funds with specific ISIN codes
- Normal business hours apply for transaction acceptance
- NAV based on cut-off timing and fund confirmation
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- MICR Cheque, Nodal and OTM payments not accepted during September 9-10, 2025
- Clear funds must be received before 2:30 PM on transaction dates
- Failed fund receipts will result in investor refunds after AMC/RTA rejection
Important Dates
- September 9, 2025: Transaction period begins
- September 10, 2025: Transaction period ends
- 2:30 PM: Daily cut-off for clear funds receipt
Impact Assessment
Medium impact on BSE StAR MF Platform operations with temporary availability of new interval fund. Limited transaction window may create concentrated trading activity during the two-day period. Payment restrictions may affect transaction processing efficiency.
Impact Justification
New mutual fund offering with limited transaction window affects MF platform operations