Description

DSP Mutual Fund launching DSP NIFTY SMALLCAP 250 ETF NFO from November 24 to December 08, 2025, with allotment on December 12, 2025.

Summary

DSP Mutual Fund is launching the DSP NIFTY SMALLCAP 250 ETF as a New Fund Offer (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 plans will be available in the equity category.

Key Points

  • DSP NIFTY SMALLCAP 250 ETF NFO available in both Regular and Direct Plan variants
  • NFO period: November 24, 2025 to December 08, 2025
  • Extended trading available until midnight on December 08, 2025 for lumpsum purchases only
  • Tentative allotment date: December 12, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with N flag reporting
  • Pending transactions maintained until 3:00 PM on last NFO payout day or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025
  • Cheques and OTM payments accepted during NFO period subject to clear funds receipt by deadline

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch following existing BSE StAR MF Platform procedures.

Compliance Requirements

  • Members must ensure client funds are initiated before 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be deposited in ICCL Account by 6:00 PM on December 11, 2025 for unit allotment
  • Cancelled transactions (CC with N flag) must be reported to RTA/AMC
  • Payment instruments (cheques/OTM) must clear by the December 11, 2025 deadline

Important Dates

  • November 24, 2025: NFO opens
  • December 08, 2025: NFO closes (extended until midnight for lumpsum purchases)
  • December 11, 2025: Clear funds deadline in ICCL Account by 6:00 PM
  • December 12, 2025: Tentative allotment date
  • T+1 day, 9:00 AM: Deadline for client-initiated funds (or transaction cancellation)
  • T+5 or last NFO payout day, 3:00 PM: Pending transaction deadline (whichever is earlier)

Impact Assessment

This announcement has minimal market impact as it relates to a routine mutual fund NFO launch. The offering provides investors access to a smallcap equity ETF tracking the NIFTY SMALLCAP 250 index. Members and investors participating in the NFO need to adhere to the specified timelines for fund transfers and payment settlements to ensure successful unit allotment. The extended trading window until midnight on the closing date provides additional flexibility for lumpsum investments.

Impact Justification

Routine NFO launch announcement for mutual fund platform with standard operational procedures