Description

DSP Mutual Fund launching DSP NIFTY MIDCAP 150 INDEX FUND NFO from November 24 to December 08, 2025, with six plan variants and SIP facility on BSE StAR MF Platform.

Summary

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

Key Points

  • NFO Period: November 24, 2025 to December 08, 2025
  • Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized as Equity with unique ISINs assigned
  • Tentative allotment date: December 11, 2025
  • Extended trading till midnight on December 08, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be completed by 3:00 PM on NFO closure date
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Cheque and OTM payments accepted during NFO period
  • Switch transactions allowed subject to fund receipt conditions

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 10, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled and reported to RTA/AMC with CC and N flag
  • Pending transactions will remain in system until 3:00 PM on last day of NFO fund payout or T+5, whichever is earlier
  • SIP/XSIP registrations must be completed before 3:00 PM on December 08, 2025
  • Switch transactions must receive funds on or before allotment date to be considered for allotment

Important Dates

  • November 24, 2025: NFO opening date
  • December 08, 2025: NFO closing date (3:00 PM for SIP/XSIP registrations, extended till midnight for lumpsum purchases)
  • December 10, 2025: Deadline for clear funds in ICCL Account (6:00 PM)
  • December 11, 2025: Tentative allotment date
  • T+1 Day: Deadline for client fund initiation (9:00 AM)

Impact Assessment

Market Impact: Low - This is a routine NFO launch for a passive index fund tracking NIFTY MIDCAP 150. It provides investors with another investment option in the midcap segment but does not affect overall market operations.

Operational Impact: Low to Medium for BSE StAR MF platform members - Standard NFO processing requirements apply. Members need to ensure compliance with fund collection timelines and client transaction processing deadlines. The extended midnight trading window for lumpsum purchases provides additional flexibility.

Investor Impact: Positive - Offers new investment opportunity in midcap index segment with both regular and direct plan options, catering to different investor preferences for dividend and growth strategies.

Impact Justification

Routine NFO launch notification for mutual fund members with standard operational details. No market-wide impact or regulatory changes.