Description

PGIM India Mutual Fund launches PGIM India Multi Asset Allocation Fund NFO with SIP facility on BSE StAR MF Platform from November 11-25, 2025.

Summary

PGIM India Mutual Fund will offer PGIM India Multi Asset Allocation Fund as a New Fund Offering (NFO) with SIP facility on BSE StAR MF Platform from November 11, 2025, to November 25, 2025. The scheme includes six plan variants covering Regular and Direct plans with IDCW Payout, IDCW Reinvestment, and Growth options. The tentative allotment date is November 28, 2025.

Key Points

  • NFO period: November 11-25, 2025
  • Six scheme variants available: Regular Plan and Direct Plan, each with IDCW Payout, IDCW Reinvestment, and Growth options
  • All schemes categorized as Hybrid (NC) with ISINs ranging from INF663L010A3 to INF663L015A2
  • Extended trading till midnight on November 25, 2025, for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM T+1 will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on November 28, 2025
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure transactions for which clients have not initiated funds till 9:00 AM on T+1 day (including extended period transactions) will be cancelled and reported to RTA/AMC with CC and N flag
  • Pending transactions with initiated payments will remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 PM on November 28, 2025
  • Switch transactions accepted during NFO period only if funds received on or before allotment date; late funds will not be considered for allotment
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on November 25, 2025

Important Dates

  • November 11, 2025: NFO opening date
  • November 25, 2025: NFO closing date (3:00 PM for SIP/XSIP authentication)
  • November 25, 2025: Extended trading till midnight for lumpsum purchases
  • November 28, 2025: Tentative allotment date; clear funds deadline in ICCL Account by 6:00 PM
  • T+1 Day: 9:00 AM deadline for client fund initiation

Impact Assessment

Market Impact: Low - This is a routine mutual fund NFO launch that expands investment options on the BSE StAR MF Platform. The multi-asset allocation hybrid fund category provides diversification opportunities for investors.

Operational Impact: Low to Medium for BSE StAR MF Platform members - Standard NFO procedures apply with specific payment timelines and authentication requirements. Members need to ensure compliance with fund settlement deadlines and client authentication processes for SIP registrations.

Investor Impact: Provides access to a new hybrid multi-asset allocation fund with multiple plan options catering to different investor preferences (Regular/Direct plans with IDCW and Growth options).

Impact Justification

Routine NFO launch notification for mutual fund platform participants with standard operational procedures