Description

BAJAJ FINSERV BANKING AND FINANCIAL SERVICES FUND - NFO will be available for subscription from November 10, 2025 to November 24, 2025 on BSE StAR MF Platform with tentative allotment on December 01, 2025.

Summary

BSE announces the launch of BAJAJ FINSERV BANKING AND FINANCIAL SERVICES FUND - NFO on the BSE StAR MF Platform. The New Fund Offer will be open for subscription from November 10, 2025 to November 24, 2025, with six plan options (Regular and Direct plans with IDCW Payout, IDCW Reinvestment, and Growth options). The tentative allotment date is December 01, 2025.

Key Points

  • NFO subscription period: November 10, 2025 to November 24, 2025
  • Six scheme options available: Regular and Direct plans with IDCW Payout, IDCW Reinvestment, and Growth variants
  • All schemes categorized under Equity segment
  • Tentative allotment date: December 01, 2025
  • Extended trading available till midnight on November 24, 2025 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on December 01, 2025
  • Cheques and OTM payments accepted during NFO period subject to clear funds receipt by allotment date
  • Switches accepted during NFO period only if funds received before allotment date

Regulatory Changes

No regulatory changes announced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Cancelled transactions will be reported to RTA/AMC with CC and N flag
  • Pending transactions will remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 01, 2025 for allotment
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (November 24, 2025)
  • Switch transactions require funds receipt before allotment date for consideration

Important Dates

  • November 10, 2025: NFO opening date
  • November 24, 2025: NFO closing date (extended till midnight for lumpsum purchases)
  • November 24, 2025, 3:00 PM: Deadline for SIP/XSIP registration authentication
  • December 01, 2025: Tentative allotment date
  • December 01, 2025, 6:00 PM: Deadline for clear funds in ICCL Account

Impact Assessment

This is a routine NFO launch with minimal market impact. The circular provides operational guidelines for BSE members handling client transactions for the BAJAJ FINSERV BANKING AND FINANCIAL SERVICES FUND. Impact is limited to mutual fund platform operations and affects only members and clients interested in participating in this specific equity fund NFO focused on banking and financial services sector.

Impact Justification

Routine NFO launch announcement for mutual fund product with standard operational details for BSE platform members