Description
Bandhan Mutual Fund launches BANDHAN GOLD ETF NFO from October 13-15, 2025, with tentative allotment on October 17, 2025.
Summary
Bandhan Mutual Fund is launching BANDHAN GOLD ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from October 13, 2025, to October 15, 2025. The scheme includes both regular and direct plans under the equity category, with tentative allotment scheduled for October 17, 2025. The NFO will be extended until midnight on October 15, 2025, for lumpsum purchases only.
Key Points
- BANDHAN GOLD ETF NFO available in both Regular Plan and Direct Plan
- Both schemes classified under Equity category
- Tentative allotment date: October 17, 2025
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Pending transactions with initiated payment remain in system until 3:00 PM on last day of funds pay-out 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 accepted during NFO period subject to fund clearance by October 16, 2025
- 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 introduced. This is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
- Members must report CC with N flag to RTA/AMC for cancelled transactions
- Clear funds must be available in ICCL Account by 6:00 PM on October 16, 2025, for unit allotment
- For switch transactions, funds must be received under NFO scheme before the allotment date (October 17, 2025)
- Members must adhere to extended NFO timing until midnight on October 15, 2025, for lumpsum purchases
Important Dates
- October 13, 2025: NFO opening date
- October 15, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- October 16, 2025: Clear funds deadline in ICCL Account (by 6:00 PM)
- October 17, 2025: Tentative allotment date
Impact Assessment
This is a routine NFO launch with minimal market impact. It provides investors with a new investment option in gold ETF category through Bandhan Mutual Fund. The operational requirements are standard for BSE StAR MF platform members, with clear timelines for fund settlement and allotment. The scheme expands the gold ETF offerings available to investors but does not affect existing market operations or trading activities.
Impact Justification
Routine NFO launch announcement for mutual fund scheme with standard operational procedures for BSE StAR MF platform members