Description
BSE announces activation of SMART Switch facility for Bandhan Healthcare Fund NFO, enabling switches from Bandhan Overnight Fund (Regular and Direct plans).
Summary
BSE has activated the SMART Switch feature for Bandhan Healthcare Fund New Fund Offer (NFO) on the BSE StAR MF platform. This facility allows investors to switch their investments from Bandhan Overnight Fund (both Regular and Direct Growth plans) into the newly launched Bandhan Healthcare Fund NFO.
Key Points
- SMART Switch facility activated for Bandhan Healthcare Fund NFO
- Two switch options available: from Bandhan Overnight Fund Regular Plan-Growth and Direct Plan-Growth
- Feature operational on BSE StAR MF platform
- Enables seamless fund switching during NFO period
Regulatory Changes
No regulatory changes. This is an operational announcement regarding platform feature activation.
Compliance Requirements
No specific compliance requirements for market participants. This is an informational circular for mutual fund distributors and investors using the BSE StAR MF platform.
Important Dates
- Circular Date: November 7, 2025
- SMART Switch feature is now active
Impact Assessment
Market Impact: Minimal. This is a platform feature activation that affects only investors interested in subscribing to Bandhan Healthcare Fund NFO through the switch facility.
Operational Impact: Low. Provides additional convenience for existing Bandhan Overnight Fund investors to switch to the healthcare fund NFO without redemption and fresh subscription processes.
Investor Impact: Positive for existing Bandhan Overnight Fund investors seeking exposure to the healthcare sector through the new fund offer.
Impact Justification
Operational circular for mutual fund platform feature activation affecting only investors interested in Bandhan Healthcare Fund NFO