Description
BSE announces the introduction of daily SIP facility for all schemes of Taurus Mutual Fund on the BSE StAR MF platform with immediate effect.
Summary
BSE has announced the introduction of daily Systematic Investment Plan (SIP) facility for all schemes of Taurus Mutual Fund on the BSE StAR MF platform. This facility is effective immediately following communication from Taurus Mutual Fund.
Key Points
- Daily SIP facility introduced for all Taurus Mutual Fund schemes
- Available on BSE StAR MF platform
- Effective immediately from November 18, 2025
- Communication received from Taurus Mutual Fund
Regulatory Changes
No regulatory changes. This is a platform enhancement to existing mutual fund investment facilities.
Compliance Requirements
No specific compliance requirements for members. This is an informational notice regarding platform capability enhancement.
Important Dates
- Effective Date: November 18, 2025 (immediate effect)
- Notice Date: November 18, 2025
Impact Assessment
This development provides investors with greater flexibility in their investment frequency for Taurus Mutual Fund schemes. The daily SIP option allows for more frequent, smaller investments compared to traditional monthly SIPs. The impact is limited to users of the BSE StAR MF platform who invest in Taurus Mutual Fund schemes. No operational changes required for BSE members.
Impact Justification
Routine platform enhancement introducing daily SIP facility for one mutual fund. Limited operational impact, primarily benefits investors seeking daily SIP options in Taurus schemes.