Description

HDFC Mutual Fund launches HDFC Diversified Equity All Cap Active FOF NFO from September 10-24, 2025, with specific payment and allotment requirements.

Summary

HDFC Mutual Fund is launching HDFC Diversified Equity All Cap Active Fund of Funds (FOF) as a New Fund Offer (NFO) on BSE StAR MF Platform from September 10-24, 2025. The scheme offers 6 plan variants with tentative allotment date of September 29, 2025, and requires clear funds in ICCL account by 6:00 PM on September 26, 2025.

Key Points

  • NFO period: September 10-24, 2025
  • 6 scheme variants available (Regular/Direct plans with Growth/IDCW options)
  • All schemes under EQUITY category with ISINs ranging from INF179KC1JR0 to INF179KC1JW0
  • Extended trading till midnight on September 24, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes mentioned in this circular.

Compliance Requirements

  • Members must ensure clear funds availability in ICCL Account by 6:00 PM on September 26, 2025
  • Transactions without client fund initiation by 9:00 AM on T+1 day will be cancelled
  • Pending transactions will remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
  • Cheques and OTM payments acceptable subject to clear funds receipt by deadline

Important Dates

  • NFO Start Date: September 10, 2025
  • NFO End Date: September 24, 2025 (extended till midnight for lumpsum)
  • Clear Funds Deadline: September 26, 2025 (6:00 PM)
  • Tentative Allotment Date: September 29, 2025
  • SIP Authentication Deadline: September 24, 2025 (3:00 PM)

Impact Assessment

Medium impact on BSE StAR MF Platform operations with new investment opportunities for equity fund of funds. Affects mutual fund distributors and investors seeking diversified equity exposure through fund of funds structure. Operational impact on clearing and settlement processes due to specific fund availability requirements.

Impact Justification

Standard NFO launch with specific operational requirements affecting mutual fund trading on BSE platform