Description

DSP Mutual Fund launching DSP NIFTY MIDCAP 150 ETF NFO from November 24 to December 08, 2025, with tentative allotment on December 12, 2025.

Summary

DSP Mutual Fund is launching DSP NIFTY MIDCAP 150 ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from November 24, 2025, to December 08, 2025. The scheme includes both regular and direct plan options with tentative allotment scheduled for December 12, 2025. Specific payment timelines and fund availability requirements have been established for members.

Key Points

  • DSP NIFTY MIDCAP 150 ETF NFO period: November 24, 2025, to December 08, 2025
  • Two plan options available: Regular and Direct Plan (both Equity category)
  • Tentative allotment date: December 12, 2025
  • Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025
  • NFO extended till midnight on December 08, 2025, for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Cheques and OTM payments acceptable subject to clear funds receipt by deadline

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clients initiate funds payment by 9:00 AM on T+1 day to avoid transaction cancellation
  • Transactions with initiated payments remain pending until 3:00 PM on last NFO payout day or T+5, whichever is earlier
  • For transactions executed during extended NFO period, same cancellation rules apply if funds not initiated
  • CC with N flag will be reported to RTA/AMC for cancelled transactions

Important Dates

  • November 24, 2025: NFO opening date
  • December 08, 2025: NFO closing date (extended till midnight for lumpsum purchases)
  • December 11, 2025: Clear funds deadline in ICCL Account by 6:00 PM
  • December 12, 2025: Tentative allotment date

Impact Assessment

Limited impact as this is a routine NFO launch on the mutual fund platform. Affects only BSE StAR MF Platform members and their clients interested in midcap equity ETF investments. No impact on broader market operations or existing securities trading.

Impact Justification

Routine NFO launch announcement for mutual fund members trading on BSE StAR MF platform. No regulatory changes or compliance impact on broader market participants.