Description
DSP Mutual Fund launches DSP NIFTY SMALLCAP 250 ETF NFO on BSE StAR MF Platform from November 24 to December 08, 2025, with tentative 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 will be available from November 24, 2025, to December 08, 2025, with both regular and direct plan options. The scheme is an equity category ETF tracking the NIFTY SMALLCAP 250 index, with tentative allotment scheduled for December 12, 2025.
Key Points
- DSP NIFTY SMALLCAP 250 ETF NFO launching on BSE StAR MF Platform
- Two scheme options available: Regular Plan and Direct Plan
- Both schemes categorized under Equity
- NFO period: November 24, 2025, to December 08, 2025
- Extended trading available till 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
- N flag CC will be reported to RTA/AMC for cancelled transactions
- Cheques and OTM payments accepted during NFO period subject to fund clearance
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Members must ensure clear funds are available 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
- Transactions with initiated payments will remain pending until 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
- For cheque and OTM payments, clear funds must be received in ICCL account by 6:00 PM on December 11, 2025, to avail unit allotment
Important Dates
- NFO Start Date: November 24, 2025
- NFO End Date: December 08, 2025
- Extended Period End: Midnight on December 08, 2025 (lumpsum only)
- Funds Deadline: 6:00 PM on December 11, 2025 (clear funds in ICCL Account)
- Tentative Allotment Date: December 12, 2025
- Transaction Cancellation Cutoff: 9:00 AM on T+1 day (if funds not initiated)
Impact Assessment
Market Impact: Low - This is a routine NFO launch for a passive ETF product tracking a standard market index.
Operational Impact: Low to Medium for BSE StAR MF Platform members who need to manage NFO subscriptions and ensure timely fund transfers. Standard NFO procedures apply with specific deadlines for fund availability.
Investor Impact: Provides retail and institutional investors access to a new passive investment vehicle tracking the NIFTY SMALLCAP 250 index through both regular and direct plan options on the BSE platform.
Impact Justification
Routine NFO launch announcement for mutual fund scheme with standard operational procedures and timelines