Description
BSE announces activation of SMART Switch facility for Franklin India Multi-Factor Fund NFO, enabling switches from Franklin India Overnight Fund growth options.
Summary
BSE has activated the SMART Switch feature for Franklin India Multi-Factor Fund NFO on the BSE StAR MF platform. This facility allows investors to switch from Franklin India Overnight Fund (both regular growth and direct growth options) into the new Franklin India Multi-Factor Fund NFO.
Key Points
- SMART Switch facility activated for Franklin India Multi-Factor Fund NFO
- Two switch options available: from Franklin India Overnight Fund - Growth and Franklin India Overnight Fund - Direct Growth
- Facility available on BSE StAR MF platform
- Enables seamless switching from overnight fund to the new multi-factor fund offering
Regulatory Changes
No regulatory changes introduced. This is an operational enhancement to the BSE StAR MF platform.
Compliance Requirements
No specific compliance requirements. This is a facility activation for mutual fund investors and distributors using the BSE platform.
Important Dates
- Effective Date: November 7, 2025
Impact Assessment
Minimal market impact. This is a platform feature activation that provides convenience to Franklin Mutual Fund investors who wish to switch from their overnight fund holdings to the new multi-factor fund NFO. The impact is limited to Franklin MF unitholders and distributors using the BSE StAR MF platform for transactions.
Available Switch Options
| Sr. No. | Switch Option |
|---|---|
| 1 | Franklin India Multi-Factor Fund - NFO SMART Switch - Franklin India Overnight Fund - Growth |
| 2 | Franklin India Multi-Factor Fund - NFO SMART Switch - Franklin India Overnight Fund - Direct Growth |
Impact Justification
Operational update for mutual fund platform enabling a switch facility for a specific NFO. Limited to Franklin MF investors using BSE StAR MF platform.