Description

DSP Mutual Fund launches 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

DSP Mutual Fund is launching the DSP Nifty Midcap 150 Index Fund as a New Fund Offer (NFO) on the BSE StAR MF Platform from November 24, 2025, to December 08, 2025. The scheme offers six plan variants covering 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 before 3:00 PM on NFO closure date
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on December 10, 2025

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 fund initiation is completed by 9:00 AM on T+1 day, otherwise transactions will be cancelled with CC and N flag reported to RTA/AMC
  • Pending transactions (with initiated payment) will remain in system until 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 10, 2025 for unit allotment
  • Cheques and OTM payments acceptable during NFO period subject to receipt of clear funds by the deadline
  • Switch transactions during NFO period require funds receipt on or before allotment date; late receipts will not 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; midnight for lumpsum purchases)
  • December 10, 2025: Deadline for clear funds in ICCL Account (6:00 PM)
  • December 11, 2025: Tentative allotment date

Impact Assessment

This NFO launch has minimal market impact as it represents a routine mutual fund product offering. The scheme provides investors access to the Nifty Midcap 150 index through a passive investment vehicle. Impact is limited to DSP Mutual Fund distributors and investors interested in midcap index exposure. No impact on stock trading or broader market operations.

Impact Justification

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