Description
DSP Mutual Fund launches DSP NIFTY MIDCAP 150 ETF NFO on BSE StAR MF Platform from November 24, 2025 to December 08, 2025 with allotment on December 12, 2025.
Summary
DSP Mutual Fund is launching DSP NIFTY MIDCAP 150 ETF as a New Fund Offering (NFO) on the BSE StAR MF Platform. The NFO period runs from November 24, 2025 to December 08, 2025, with tentative allotment scheduled for December 12, 2025. Both regular and direct plan options will be available under the equity scheme category.
Key Points
- NFO period: November 24, 2025 to December 08, 2025
- Two scheme options available: DSP NIFTY MIDCAP 150 ETF (Regular) and DSP NIFTY MIDCAP 150 ETF - DIRECT PLAN
- Both schemes categorized as Equity schemes
- Tentative allotment date: December 12, 2025
- Extended trading available till midnight on December 08, 2025 for lumpsum purchases only
- Cheques and OTM payments accepted during NFO period
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch announcement.
Compliance Requirements
For BSE Members:
- Transactions where client has not initiated funds till 9:00 AM on T+1 day (including extended period transactions) will be cancelled
- Cancelled transactions will be reported to RTA/AMC with CC and N flag
- Transactions with initiated client payment remain pending till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
- Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025 for unit allotment
- Cheques and OTM payments must result in clear funds in ICCL account by 6:00 PM on December 11, 2025
Important Dates
- November 24, 2025: NFO opening date
- December 08, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- December 11, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
- December 12, 2025: Tentative allotment date
Impact Assessment
Market Impact: Low - This is a routine NFO launch for a passively managed ETF tracking NIFTY MIDCAP 150 index. It provides investors with another investment vehicle for midcap exposure.
Operational Impact: Low to Medium for BSE members - Members need to ensure compliance with payment timelines and fund settlement requirements. The extended midnight trading window provides additional flexibility for lumpsum investors.
Investor Impact: Positive - Offers investors access to a diversified midcap equity ETF with both regular and direct plan options, providing cost-effective index-based investment opportunity in the midcap segment.
Impact Justification
Routine NFO launch announcement for mutual fund ETF with standard operational details. Limited market-wide impact, primarily informational for BSE members and interested investors.