Description
BSE announces the activation of SMART Switch feature for Franklin India Multi-Factor Fund NFO, enabling switches from Franklin India Overnight Fund (Growth and Direct Growth options).
Summary
BSE has activated the SMART Switch feature for the Franklin India Multi-Factor Fund New Fund Offer (NFO) on the BSE StAR MF platform. This feature allows investors to switch investments from Franklin India Overnight Fund to the new Franklin India Multi-Factor Fund NFO, with both regular Growth and Direct Growth plan options available.
Key Points
- SMART Switch feature activated for Franklin India Multi-Factor Fund NFO
- Two switch options available: from Franklin India Overnight Fund - Growth and Direct Growth
- Feature available on BSE StAR MF platform
- Enables seamless transition from overnight fund to the new multi-factor fund offering
Regulatory Changes
No regulatory changes introduced. This is a platform feature activation for a new fund offering.
Compliance Requirements
No specific compliance requirements for market participants. This is an operational facility available for investors choosing to participate in the NFO through the switch mechanism.
Important Dates
- Effective Date: November 7, 2025 (date of circular issuance)
Impact Assessment
Minimal market impact. This is a routine operational update that provides an additional subscription method for investors interested in the Franklin India Multi-Factor Fund NFO. The SMART Switch feature offers convenience for existing Franklin India Overnight Fund investors to participate in the new fund offering. No impact on trading operations or broader market structure.
Impact Justification
Routine operational update enabling a new switch facility for a mutual fund NFO on the BSE platform, affecting only investors interested in this specific fund