Description
BSE enables SMART Switch facility for Bandhan Healthcare Fund NFO, allowing investors to switch from Bandhan Overnight Fund (Regular and Direct Growth plans) to the new healthcare fund offering.
Summary
BSE has activated the SMART Switch feature for Bandhan Healthcare Fund - NFO on the BSE StAR MF platform. This facility allows investors to switch from Bandhan Overnight Fund to the new healthcare fund offering during the NFO period. Two switch options are available: from Regular Plan-Growth and Direct Plan-Growth of the Overnight Fund.
Key Points
- SMART Switch facility activated for Bandhan Healthcare Fund NFO
- Available on BSE StAR MF platform
- Two switch routes enabled:
- From Bandhan Overnight Fund Regular Plan-Growth
- From Bandhan Overnight Fund Direct Plan-Growth
- Facility is specific to NFO subscription period
Regulatory Changes
No regulatory changes. This is an operational enablement of an existing facility for a new fund offering.
Compliance Requirements
No specific compliance requirements for market participants. This is a facility activation for investors who wish to utilize the switch option.
Important Dates
- Activation Date: November 7, 2025
- NFO subscription period dates not specified in the circular
Impact Assessment
Market Impact: Minimal. This is a procedural update affecting only investors interested in switching from Bandhan Overnight Fund to the new Healthcare Fund NFO.
Operational Impact: Low. The facility is automatically available on the BSE StAR MF platform for eligible investors.
Investor Impact: Provides convenience to existing Bandhan Overnight Fund investors who wish to participate in the Healthcare Fund NFO through the switch mechanism rather than fresh investment.
Impact Justification
Routine operational update enabling a switch facility for a specific mutual fund NFO. Limited to investors in Bandhan Mutual Fund schemes with no broader market impact.