Description
BSE announces activation of SMART Switch feature for HELIOS SMALL CAP FUND NFO, allowing investors to switch from HELIOS OVERNIGHT FUND to the new small cap fund offering.
Summary
BSE has activated the SMART Switch feature on its StAR MF platform for the HELIOS SMALL CAP FUND New Fund Offer (NFO). This feature allows investors holding units in HELIOS OVERNIGHT FUND to switch their investments to the new HELIOS SMALL CAP FUND NFO. The switch facility is available for both Direct Plan-Growth and Regular Plan-Growth options.
Key Points
- SMART Switch feature activated for HELIOS SMALL CAP FUND NFO on BSE StAR MF platform
- Switch facility available from HELIOS OVERNIGHT FUND to HELIOS SMALL CAP FUND NFO
- Two subscription schemes available: Direct Plan-Growth and Regular Plan-Growth
- Transaction reporting will be done to AMC/RTA under the source scheme (HELIOS OVERNIGHT FUND)
Regulatory Changes
No regulatory changes. This is a platform feature activation notification.
Compliance Requirements
- Market participants using BSE StAR MF platform should note the SMART Switch feature availability
- Subscriptions received under SMART Switch schemes will be reported to AMC/RTA under the corresponding HELIOS OVERNIGHT FUND scheme codes
Important Dates
- Circular Date: November 6, 2025
- Feature activation effective immediately
Impact Assessment
Minimal market impact. This circular is relevant only to:
- Existing investors in HELIOS OVERNIGHT FUND who may wish to switch to the new Small Cap Fund NFO
- Distributors and intermediaries facilitating mutual fund transactions on BSE StAR MF platform
- The feature provides convenience for investors to participate in the NFO through switching rather than fresh investment
Scheme Mapping Details
| Subscription Received Scheme | Transaction Reporting Scheme |
|---|---|
| HELIOS SMALL CAP FUND - NFO SMART SWITCH - HELIOS OVERNIGHT FUND-DIRECT PLAN-GROWTH | HELIOS OVERNIGHT FUND-DIRECT PLAN-GROWTH |
| HELIOS SMALL CAP FUND - NFO SMART SWITCH - HELIOS OVERNIGHT FUND-REGULAR PLAN-GROWTH | HELIOS OVERNIGHT FUND-REGULAR PLAN-GROWTH |
Impact Justification
Administrative circular about mutual fund platform feature activation for a specific NFO. Limited market-wide impact, relevant only to investors interested in Helios Small Cap Fund NFO and existing Helios Overnight Fund unitholders.