Description

DSP Mutual Fund launches Fixed Maturity Plan Series 277-789 Days NFO from November 27 to December 01, 2025, with 10 plan options and tentative allotment on December 03, 2025.

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 period runs from November 27, 2025, to December 01, 2025 (extended till midnight). The scheme offers 10 plan options across Regular and Direct plans with various dividend payout options. Tentative allotment date is December 03, 2025, requiring clear funds in ICCL Account by 6:00 PM on December 02, 2025.

Key Points

  • NFO Period: November 27, 2025, to December 01, 2025 (extended till midnight)
  • 10 scheme options available: Regular and Direct plans with Growth, IDCW Payout, IDCW Reinvestment, IDCW Quarterly Payout, and IDCW Quarterly Reinvestment options
  • All schemes categorized as DEBT with unique ISINs ranging from INF740KA1XL6 to INF740KA1XT9
  • Tentative allotment date: December 03, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Payment pending till 3:00 PM on last day of NFO funds payout or T+5, whichever is earlier
  • Cheques and OTM (One Time Mandate) payment modes not accepted
  • Switches accepted during NFO period subject to receipt of funds on or before allotment date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 02, 2025
  • Transactions without client fund initiation by 9:00 AM on T+1 day will be cancelled with CC and N flag reported to RTA/AMC
  • Only electronic payment modes accepted; cheques and OTM not permitted
  • For switches, funds must be received under NFO scheme on or before allotment date to be considered for allotment

Important Dates

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

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund NFO launch with no broader market implications.

Operational Impact: Low to medium for BSE StAR MF Platform members who need to process DSP FMP transactions. Members must ensure compliance with payment timelines and understand the restrictions on payment modes (no cheques/OTM). The extended NFO period till midnight provides additional flexibility for investors.

Investor Impact: Low. Provides debt investment opportunity through a fixed maturity plan with multiple plan options catering to different investor preferences (growth vs. income, regular vs. direct plans). The 789-day tenure offers medium-term debt exposure.

Impact Justification

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