Description

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

Summary

DSP Mutual Fund will offer DSP MSCI INDIA ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from November 10, 2025, to November 17, 2025. The scheme includes both regular and direct plan options under the equity category, with tentative allotment scheduled for November 21, 2025.

Key Points

  • Two schemes available: DSP MSCI INDIA ETF and DSP MSCI INDIA ETF - DIRECT PLAN (both equity category)
  • NFO period: November 10-17, 2025
  • Tentative allotment date: November 21, 2025
  • Extended trading available till midnight on November 17, 2025 (lumpsum purchase only)
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Transactions with initiated payment remain pending till 3:00 PM on last day of NFO fund payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments accepted during NFO period

Regulatory Changes

No regulatory changes announced. This is a new product launch notification.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on November 20, 2025, for unit allotment
  • Transactions without client-initiated funds till 9:00 AM on T+1 (including extended period transactions) will be cancelled and CC with N flag reported to RTA/AMC
  • Cheques and OTM payments must result in clear funds in ICCL account by 6:00 PM on November 20, 2025

Important Dates

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

Impact Assessment

This circular has minimal market impact as it announces a standard NFO for an equity ETF tracking MSCI India index. The impact is limited to BSE StAR MF platform members and investors interested in this specific ETF product. The operational requirements are routine for NFO processing, including standard payment timelines and fund settlement procedures.

Impact Justification

Routine NFO launch announcement for mutual fund members trading on BSE StAR MF platform with standard procedural details