Description

DSP Mutual Fund launches DSP NIFTY MIDCAP 150 INDEX FUND NFO from November 24 to December 08, 2025, with six plan options and specific payment deadlines.

Summary

BSE announces the launch of DSP NIFTY MIDCAP 150 INDEX FUND - NFO on the BSE StAR MF Platform. The NFO will be available from November 24, 2025, to December 08, 2025, offering six plan variants across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. The tentative allotment date is December 11, 2025.

Key Points

  • Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized under Equity with unique ISINs assigned
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
  • Pending transactions with initiated payment remain in system till 3:00 PM on last NFO payout day or T+5, whichever is earlier
  • NFO extended till midnight on December 08, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be completed before 3:00 PM on NFO closure date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 10, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by December 10, 2025 at 6:00 PM
  • Switches accepted during NFO period only if funds received on or before allotment date
  • Funds for switch-out schemes received after NFO allotment date will not be considered for allotment at AMC/RTA end

Important Dates

  • NFO Period: November 24, 2025 to December 08, 2025
  • Extended NFO (Lumpsum only): Till midnight on December 08, 2025
  • SIP/XSIP Registration Deadline: 3:00 PM on December 08, 2025
  • Clear Funds Deadline: 6:00 PM on December 10, 2025
  • Tentative Allotment Date: December 11, 2025
  • Transaction Cancellation: If funds not initiated by 9:00 AM on T+1

Impact Assessment

Market Impact: Low - This is a routine mutual fund NFO launch that provides investors with a new index fund option tracking the NIFTY MIDCAP 150 index.

Operational Impact: Low to Medium for BSE StAR MF platform members who need to:

  • Process NFO orders within specified timelines
  • Ensure payment reconciliation and fund transfer by deadlines
  • Manage client communications regarding SIP registrations and payment requirements

Investor Impact: Provides retail and institutional investors access to a passive investment vehicle tracking mid-cap stocks through the NIFTY MIDCAP 150 index with multiple plan options to suit different investment preferences.

Impact Justification

Routine NFO launch announcement for mutual fund scheme with standard operational guidelines for BSE StAR MF platform members