Description
NIPPON INDIA Mutual Fund activates NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II for Specified Transaction Period from November 07-10, 2025 on BSE StAR MF platform with specific payment restrictions.
Summary
NIPPON INDIA Mutual Fund is activating NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II on the BSE StAR MF Platform for a Specified Transaction Period (STP) from November 07-10, 2025. The fund offers six plan variants including IDCW and Growth plans in both regular and direct formats. During the STP, specific payment mode restrictions apply, with MICR Cheque, Nodal and OTM payments not accepted.
Key Points
- Fund offers 6 plan variants: IDCW Payout, IDCW Reinvestment, Growth Plan (each available in Regular and Direct formats)
- All schemes categorized as DEBT funds
- Transaction requests (Subscription/Redemption) accepted during normal business hours
- NAV will be applied based on cut-off timing prescribed by date and time of receipt
- MICR Cheque, Nodal and OTM payment modes not accepted during STP period
- Clear funds must be received by Exchange before 2:30 PM on transaction dates
- Late funds will be refunded to investors after rejection from AMC/RTA
Scheme Details
| Sr. No | Scheme Name | ISIN |
|---|---|---|
| 1 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - IDCW PLAN - PAYOUT | INF204K01DO3 |
| 2 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - IDCW PLAN - REINVESTMENT | INF204K01DP0 |
| 3 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - GROWTH PLAN | INF204K01DN5 |
| 4 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - DIRECT IDCW PLAN - PAYOUT | INF204K01F46 |
| 5 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - DIRECT IDCW PLAN - REINVESTMENT | INF204K01F53 |
| 6 | NIPPON INDIA QUARTERLY INTERVAL FUND - SERIES II - DIRECT PLAN - GROWTH | INF204K01F61 |
Compliance Requirements
- Members must ensure transaction requests are submitted during normal business hours within the STP window
- Payment modes restricted: MICR Cheque, Nodal and OTM should not be accepted from November 07-10, 2025
- Clear funds must reach the Exchange before 2:30 PM on transaction dates
- Members must process refunds for late-received funds as per AMC/RTA rejection
Important Dates
- STP Start Date: November 07, 2025
- STP End Date: November 10, 2025
- Cut-off Time for Clear Funds: 2:30 PM daily during STP
- Notice Date: November 06, 2025
Impact Assessment
This circular has limited market impact as it pertains to a specific interval fund activation for a four-day transaction window. The impact is confined to:
- Investors interested in NIPPON INDIA debt interval funds
- BSE StAR MF platform participants facilitating mutual fund transactions
- No impact on equity markets or broader trading operations
The payment mode restrictions are operational safeguards to ensure timely fund settlement within the limited transaction window. Members and investors need to plan accordingly to use accepted payment modes during the specified period.
Impact Justification
Routine activation of an interval fund scheme for a limited transaction period affecting only investors interested in this specific debt mutual fund product.