Description

DSP Mutual Fund launches Fixed Maturity Plan Series 277-789 Days NFO on BSE StAR MF platform from November 27 to December 01, 2025, with 10 scheme options across regular and direct plans.

Summary

BSE announces the launch of DSP Fixed Maturity Plan (FMP) Series 277-789 Days as a New Fund Offering (NFO) on the BSE StAR MF Platform. The NFO will be available from November 27, 2025, to December 01, 2025, offering 10 debt scheme variants across regular and direct plans with different dividend options. All schemes have a tentative allotment date of December 03, 2025.

Key Points

  • 10 scheme variants offered: 5 Regular Plans and 5 Direct Plans
  • Options include Growth, IDCW Payout, IDCW Reinvestment, IDCW Quarterly Payout, and IDCW Quarterly Reinvestment
  • All schemes categorized as DEBT with unique ISIN codes (INF740KA1XL6 through INF740KA1XT9)
  • NFO extended till midnight on December 01, 2025
  • 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 02, 2025
  • Cheques and OTM (On The Move) payment methods will not be accepted
  • Pending transactions remain in system till 3:00 PM on last day of funds payout or T+5, whichever is earlier

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client-initiated funds are received by 9:00 AM on T+1 day to avoid transaction cancellation
  • CC with N flag will be reported to RTA/AMC for cancelled transactions
  • Clear funds must be deposited in ICCL Account by 6:00 PM on December 02, 2025
  • Only electronic payment methods accepted; cheques and OTM not permitted
  • For switches during NFO period, funds must be received on or before allotment date (December 03, 2025) for allotment consideration

Important Dates

  • NFO Start Date: November 27, 2025
  • NFO End Date: December 01, 2025 (extended till midnight)
  • Tentative Allotment Date: December 03, 2025
  • Funds Deadline: December 02, 2025 by 6:00 PM (clear funds in ICCL Account)
  • Transaction Cancellation Cut-off: T+1 day at 9:00 AM (for non-initiated funds)
  • Pending Transaction Expiry: 3:00 PM on last day of funds payout or T+5, whichever is earlier

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund NFO launch that expands investment options for debt scheme investors seeking fixed maturity products with 789-day tenure.

Operational Impact: Standard operational procedures for BSE StAR MF platform members. The restriction on cheque and OTM payments streamlines processing and reduces settlement risk. Members need to ensure timely fund settlement to avoid transaction cancellations and maintain client relationships.

Investor Impact: Provides debt investment opportunity through DSP Mutual Fund with multiple plan options catering to different investor preferences (growth vs. income distribution).

Impact Justification

Routine NFO launch announcement for a mutual fund scheme on BSE platform with standard operational details for members.