Description

DSP Mutual Fund launching DSP MSCI INDIA ETF NFO from November 10-17, 2025 on BSE StAR MF Platform with tentative allotment on November 21, 2025.

Summary

DSP Mutual Fund is launching DSP MSCI INDIA ETF as a New Fund Offering (NFO) on the BSE StAR MF Platform. The NFO period runs from November 10, 2025 to November 17, 2025, with a tentative allotment date of November 21, 2025. Both regular and direct plan options will be available under the equity category.

Key Points

  • Two scheme options available: DSP MSCI INDIA ETF and DSP MSCI INDIA ETF - DIRECT PLAN
  • Both schemes categorized under Equity
  • NFO period: November 10-17, 2025
  • Tentative allotment date: November 21, 2025
  • Extended trading available till midnight on November 17, 2025 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with N flag reported to RTA/AMC
  • Transactions with initiated payment remain pending until 3:00 PM on last NFO payout day or T+5, whichever is earlier

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on November 20, 2025
  • Cheques and OTM payments accepted during NFO period subject to receipt of clear funds in ICCL account by 6:00 PM on November 20, 2025
  • Clients must initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Cancelled transactions will be reported with CC and N flag to RTA/AMC

Important Dates

  • November 10, 2025: NFO opening date
  • November 17, 2025: NFO closing date (extended till midnight for lumpsum purchases)
  • November 20, 2025: Deadline for clear funds in ICCL Account (by 6:00 PM)
  • November 21, 2025: Tentative allotment date

Impact Assessment

This is a standard NFO launch with minimal market impact. It provides investors an additional ETF investment option tracking the MSCI India Index through DSP Mutual Fund. The circular primarily affects BSE StAR MF Platform members and their clients interested in participating in this equity ETF offering. Operational procedures follow established NFO protocols with clear fund settlement timelines.

Impact Justification

Routine NFO launch notification for mutual fund platform with standard operational procedures and deadlines