Description

Bandhan Mutual Fund launches BANDHAN GOLD ETF - NFO from October 13-15, 2025 on BSE StAR MF Platform with tentative allotment on October 17, 2025.

Summary

Bandhan Mutual Fund will offer BANDHAN GOLD ETF - NFO (New Fund Offer) from October 13-15, 2025 on the BSE StAR MF Platform. The scheme includes both regular and direct plan options with a tentative allotment date of October 17, 2025. The NFO will be extended until midnight on October 15, 2025 for lumpsum purchases only.

Key Points

  • Two schemes available: BANDHAN GOLD ETF and BANDHAN GOLD ETF - DIRECT PLAN, both classified under EQUITY category
  • Tentative allotment date: October 17, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Transactions with initiated payments remain pending until 3:00 PM on last day of NFO or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on October 16, 2025
  • Cheques and OTM payments acceptable during NFO period subject to fund clearance deadline
  • Switches accepted during NFO period only if funds received before allotment date
  • NFO extended till midnight October 15, 2025 for lumpsum purchases only

Regulatory Changes

No regulatory changes. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
  • CC with N flag will be reported to RTA/AMC for cancelled transactions
  • Clear funds must be deposited in ICCL Account by 6:00 PM on October 16, 2025 for unit allotment
  • Switch transactions require fund receipt before October 17, 2025 allotment date to be considered

Important Dates

  • October 10, 2025: Notice date
  • October 13, 2025: NFO start date
  • October 15, 2025: NFO end date (extended till midnight for lumpsum purchases)
  • October 16, 2025: Deadline for clear funds in ICCL Account (6:00 PM)
  • October 17, 2025: Tentative allotment date

Impact Assessment

This is a routine NFO launch with limited market impact. It affects only BSE StAR MF Platform members and investors interested in gold ETF products from Bandhan Mutual Fund. The operational requirements follow standard NFO procedures with specific timelines for fund settlement and allotment. No broader market implications or material changes to existing trading practices.

Impact Justification

Routine NFO launch announcement for mutual fund scheme with standard operational details for BSE StAR MF platform members