Description
DSP Mutual Fund launching DSP NIFTY SMALLCAP 250 ETF NFO from November 24 to December 8, 2025, on BSE StAR MF Platform with tentative allotment on December 12, 2025.
Summary
DSP Mutual Fund is launching DSP NIFTY SMALLCAP 250 ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO will be available from November 24, 2025, to December 08, 2025, with a tentative allotment date of 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 SMALLCAP 250 ETF and DSP NIFTY SMALLCAP 250 ETF - DIRECT PLAN
- Tentative allotment date: December 12, 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 day will be cancelled
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Transactions with initiated payment remain pending till 3:00 PM on last NFO payout day or T+5, whichever is earlier
Regulatory Changes
No regulatory changes introduced. This is a routine NFO launch notification.
Compliance Requirements
- Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 11, 2025
- Cheques and OTM payments are acceptable during NFO period, subject to receipt of clear funds in ICCL account by 6:00 PM on December 11, 2025
- Clients must initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
- Members must process transactions according to specified timelines to ensure unit allotment
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
- T+1 day, 9:00 AM: Deadline for client fund initiation to avoid cancellation
- T+5 or last NFO payout day, 3:00 PM: Pending transaction deadline (whichever is earlier)
Impact Assessment
Market Impact: Low - This is a routine NFO launch that provides investors with a new ETF investment option tracking the NIFTY SMALLCAP 250 index.
Operational Impact: Low to Medium for participating members - Members need to ensure compliance with fund settlement timelines and manage client transactions according to specified cut-off times. The NFO provides an additional investment product on the BSE StAR MF Platform.
Investor Impact: Positive - Investors gain access to a new passive investment vehicle tracking small-cap stocks through the NIFTY SMALLCAP 250 index, with both regular and direct plan options available.
Impact Justification
Routine NFO launch announcement for mutual fund platform with standard operational details for members