Description

Edelweiss Mutual Fund launching EDELWEISS BSE SENSEX ETF NFO from November 3-17, 2025 on BSE StAR MF Platform with allotment on November 24, 2025.

Summary

Edelweiss Mutual Fund is launching the EDELWEISS BSE SENSEX ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from November 3, 2025 to November 17, 2025, with tentative allotment scheduled for November 24, 2025. Both regular and direct plan options will be available under the equity category.

Key Points

  • NFO Period: November 3, 2025 to November 17, 2025
  • Two schemes available: EDELWEISS BSE SENSEX ETF (Regular) and EDELWEISS BSE SENSEX ETF - DIRECT PLAN
  • Both schemes categorized under EQUITY
  • Tentative allotment date: November 24, 2025
  • Extended trading hours available until midnight on November 17, 2025 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Transactions with initiated payment remain pending until 3:00 PM on last NFO day or T+5, whichever is earlier
  • Clear funds must be in ICCL Account by 6:00 PM on November 17, 2025
  • Cheques and OTM payments acceptable subject to receipt of clear funds by deadline
  • Switches accepted during NFO period subject to fund receipt on or before allotment date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client funds are initiated by 9:00 AM on T+1 day to avoid transaction cancellation
  • CC with N flag will be reported to RTA/AMC for cancelled transactions
  • Clear funds must be available in ICCL Account by 6:00 PM on November 17, 2025 for unit allotment
  • For switch transactions, funds must be received on or before allotment date (November 24, 2025) to be considered for allotment

Important Dates

  • November 3, 2025: NFO opening date
  • November 17, 2025: NFO closing date
  • November 17, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
  • November 17, 2025, midnight: Extended period ends for lumpsum purchases
  • November 24, 2025: Tentative allotment date
  • T+1, 9:00 AM: Deadline for client fund initiation
  • T+5 or last NFO day, 3:00 PM: Pending transaction deadline (whichever is earlier)

Impact Assessment

Market Impact: Low - This is a routine NFO launch that expands investment options for market participants interested in BSE SENSEX exposure through ETF format.

Operational Impact: Low to Medium for members - Members need to ensure compliance with payment timelines and fund clearance deadlines. Standard NFO processing procedures apply with specific attention to:

  • Fund initiation timelines to avoid automatic cancellations
  • Clear fund availability by November 17, 2025, 6:00 PM
  • Switch transaction fund receipt timing for allotment eligibility

Investor Impact: Provides new investment opportunity for investors seeking passive exposure to BSE SENSEX index through both regular and direct plan options.

Impact Justification

Routine NFO launch notification for mutual fund platform with standard operational procedures for fund subscription and payment timelines