Description
OLD BRIDGE MUTUAL FUND launching OLD BRIDGE ARBITRAGE FUND NFO with SIP facility from November 06-10, 2025 on BSE StAR MF Platform with six plan options.
Summary
OLD BRIDGE MUTUAL FUND is launching OLD BRIDGE ARBITRAGE FUND as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform from November 06, 2025 to November 10, 2025. The fund offers six plan options across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment variants. Tentative allotment date is November 13, 2025.
Key Points
- NFO period: November 06-10, 2025
- Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
- All schemes categorized under Equity
- Tentative allotment date: November 13, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on November 12, 2025
- NFO extended till midnight on November 10, 2025 for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments acceptable subject to clear funds receipt by deadline
- Switches accepted during NFO period subject to fund receipt before allotment date
Regulatory Changes
No regulatory changes. 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
- Clear funds must be available in ICCL Account by 6:00 PM on November 12, 2025 for unit allotment
- SIP/XSIP registration authentication must be completed before 3:00 PM on NFO closure date (November 10, 2025)
- For switch transactions, funds for switch out scheme must be received on or before allotment date
- Transactions pending payment will remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
Important Dates
- November 06, 2025: NFO opens
- November 10, 2025 (3:00 PM): NFO closure for SIP/XSIP registration authentication
- November 10, 2025 (Midnight): Extended NFO closure for lumpsum purchases only
- November 12, 2025 (6:00 PM): Deadline for clear funds in ICCL Account
- November 13, 2025: Tentative allotment date
Impact Assessment
Low impact announcement affecting only BSE StAR MF Platform members dealing with mutual fund transactions. This is a routine NFO launch with standard operational procedures. No impact on stock markets or listed companies. Provides additional investment option for mutual fund investors interested in arbitrage strategies.
Impact Justification
Routine NFO launch announcement for mutual fund members on BSE platform with standard operational guidelines