Description
BSE announces the introduction of Daily SIP facility for all schemes of Taurus Mutual Fund on the BSE StAR MF platform, effective immediately.
Summary
BSE has announced the introduction of Daily SIP (Systematic Investment Plan) facility for all schemes of Taurus Mutual Fund on the BSE StAR MF platform. This facility is available with immediate effect, expanding investment options for mutual fund investors using the BSE platform.
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
- Notification issued to all BSE members
Regulatory Changes
No regulatory changes. This is an operational enhancement to the BSE StAR MF platform’s capabilities.
Compliance Requirements
No specific compliance requirements. Members are informed of the new facility availability for client investment purposes.
Important Dates
- Effective Date: November 18, 2025 (immediate effect)
- Notice Date: November 18, 2025
Impact Assessment
Market Impact: Minimal. This is a platform enhancement that provides additional flexibility for mutual fund investors.
Operational Impact: BSE members and distributors can now offer daily SIP options to clients interested in Taurus Mutual Fund schemes, increasing investment frequency options beyond monthly SIPs.
Investor Impact: Positive for investors seeking higher frequency systematic investments in Taurus Mutual Fund schemes, allowing better rupee cost averaging with daily investments.
Impact Justification
Operational enhancement for mutual fund platform adding daily SIP facility for one fund house. Limited market-wide impact, primarily benefits investors interested in Taurus MF schemes.