Description

THE WEALTH COMPANY MUTUAL FUND is launching THE WEALTH COMPANY GOLD ETF NFO from December 16-22, 2025, with allotment on December 29, 2025.

Summary

THE WEALTH COMPANY MUTUAL FUND will launch THE WEALTH COMPANY GOLD ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from December 16, 2025, to December 22, 2025. The NFO includes both regular and direct plan options under the Equity category, with tentative allotment scheduled for December 29, 2025. The offering will be extended until midnight on December 22, 2025, for lumpsum purchases.

Key Points

  • Two scheme options available: THE WEALTH COMPANY GOLD ETF and THE WEALTH COMPANY GOLD ETF - DIRECT PLAN
  • Both schemes categorized under Equity segment
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled and reported with N flag to RTA/AMC
  • Pending transactions remain in system until 3:00 PM on last NFO funds payout date or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 29, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by allotment date
  • Extended trading hours available until midnight on December 22, 2025, for lumpsum purchases

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-initiated fund transfers are completed by 9:00 AM on T+1 day to avoid cancellation
  • Clear funds must be credited to ICCL Account by 6:00 PM on December 29, 2025, for allotment eligibility
  • Cancelled transactions (CC with N flag) must be reported to RTA/AMC as per protocol
  • For cheque and OTM payments, members must ensure funds clear in ICCL account by the December 29, 2025 deadline

Important Dates

  • NFO Opening Date: December 16, 2025
  • NFO Closing Date: December 22, 2025
  • Extended NFO Period: Until midnight on December 22, 2025 (for lumpsum purchases)
  • Tentative Allotment Date: December 29, 2025
  • Clear Funds Deadline: 6:00 PM on December 29, 2025
  • Transaction Cancellation Deadline: 9:00 AM on T+1 day (for non-initiated fund transactions)

Impact Assessment

Market Impact: Low - This is a routine new fund offering that expands investment options for market participants interested in gold-backed ETFs.

Operational Impact: Low - Standard NFO procedures apply through BSE StAR MF platform. Members and distributors need to follow existing operational protocols for fund collection and reporting.

Investor Impact: Provides new investment opportunity in gold ETF segment through THE WEALTH COMPANY MUTUAL FUND, offering both regular and direct plan options for different investor preferences.

Impact Justification

Routine new fund offering announcement for a Gold ETF on BSE StAR MF platform with standard operational procedures. No regulatory changes or market-wide impact.