Description
CHOICE MUTUAL FUND activated on BSE StAR MF Platform effective October 23, 2025, with NRI and Minor client transactions permitted, and CHOICE GOLD ETF NFO launching October 24, 2025.
Summary
CHOICE MUTUAL FUND has been activated on the BSE StAR MF Platform effective October 23, 2025. The platform will accept transactions from NRI and Minor clients under CHOICE Mutual Fund schemes. Additionally, CHOICE GOLD ETF NFO schemes will be activated for order routing from October 24, 2025. Certain country restrictions apply for NRI applications.
Key Points
- CHOICE MUTUAL FUND activated on BSE StAR MF Platform from October 23, 2025
- NRI and Minor client transactions accepted through the platform
- Three countries excluded from NRI applications: North Korea, Iran, and Myanmar
- CHOICE GOLD ETF NFO schemes to be activated for order routing from October 24, 2025
Regulatory Changes
No regulatory changes announced. This is an operational activation notice for a new mutual fund on the BSE platform.
Compliance Requirements
- Members must not accept NRI applications from investors belonging to Korea (Democratic People’s Republic), Iran, or Myanmar
- Transactions for NRI and Minor clients must be processed through BSE StAR MF platform as per CHOICE AMC guidelines
Important Dates
- October 23, 2025: CHOICE MUTUAL FUND activation on BSE StAR MF Platform
- October 24, 2025: CHOICE GOLD ETF NFO schemes activation for order routing
Impact Assessment
This circular has minimal market impact as it is a routine operational notice about platform expansion. It provides BSE members with access to a new mutual fund for distribution, expanding investment options for retail investors including NRI and Minor clients. The country restrictions are standard compliance measures for international sanctions and regulatory requirements.
Impact Justification
Routine operational notice about new mutual fund platform activation with standard restrictions