Description

JIO BLACKROCK MUTUAL FUND launches JIOBLACKROCK ARBITRAGE FUND NFO with SIP facility on BSE StAR MF Platform from December 09-11, 2025, with tentative allotment on December 16, 2025.

Summary

BSE announces the launch of JIOBLACKROCK ARBITRAGE FUND - NFO (New Fund Offer) with SIP facility on the BSE StAR MF Platform. The NFO period runs from December 09-11, 2025, with a tentative allotment date of December 16, 2025. The circular provides detailed operational guidelines for transactions, payment timelines, and fund settlement requirements.

Key Points

  • JIOBLACKROCK ARBITRAGE FUND - DIRECT PLAN - GROWTH (Equity) with ISIN INF22M001101 will be available for subscription
  • NFO period: December 09-11, 2025
  • Tentative allotment date: December 16, 2025
  • Lumpsum purchase extended till 6:00 PM on December 11, 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 16, 2025
  • Cheques and OTM payments accepted subject to clear funds receipt by allotment date
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
  • Switches accepted during NFO period only if funds received before allotment date

Regulatory Changes

No regulatory changes. This is a standard NFO launch notification under existing BSE StAR MF Platform operational framework.

Compliance Requirements

  • Members must ensure client fund initiation 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 available in ICCL Account by 6:00 PM on December 16, 2025 for allotment
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on December 11, 2025
  • Switch transactions require funds receipt under NFO scheme before the allotment date for consideration
  • Pending transactions will remain in system till 3:00 PM on last payout day or T+5, whichever is earlier

Important Dates

  • December 09, 2025: NFO launch date
  • December 11, 2025: NFO closure date (3:00 PM for SIP/XSIP authentication, 6:00 PM for lumpsum purchases)
  • December 16, 2025: Tentative allotment date; clear funds required in ICCL Account by 6:00 PM
  • T+1 Day: Deadline for client fund initiation at 9:00 AM (post-transaction)
  • T+5 or Last Payout Day: Pending transaction retention deadline at 3:00 PM

Impact Assessment

This circular has minimal market impact as it is a routine operational notification for BSE StAR MF Platform members regarding a new mutual fund offering. The impact is limited to:

  • Operational Impact: Members and distributors using BSE StAR MF Platform need to follow specified timelines for transaction processing
  • Investor Access: Provides new investment opportunity in arbitrage fund category for investors
  • Platform Activity: Expected to generate transaction activity on BSE StAR MF Platform during the three-day NFO period
  • No Direct Market Impact: Does not affect equity, debt, or derivative markets; limited to mutual fund distribution segment

Impact Justification

Routine NFO launch notification for mutual fund members. Standard operational information for BSE StAR MF Platform participants with no broad market impact.