Description
THE WEALTH COMPANY MUTUAL FUND launches GOLD ETF NFO from December 16-22, 2025 on BSE StAR MF Platform with allotment on December 29, 2025.
Summary
THE WEALTH COMPANY MUTUAL FUND is launching 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 scheme is categorized under EQUITY and includes both regular and direct plans. Tentative allotment date is scheduled for December 29, 2025.
Key Points
- NFO period: December 16, 2025 to December 22, 2025
- Two schemes available: THE WEALTH COMPANY GOLD ETF and THE WEALTH COMPANY GOLD ETF - DIRECT PLAN
- Both schemes categorized as EQUITY
- Tentative allotment date: December 29, 2025
- NFO extended till midnight on December 22, 2025 for lumpsum purchases
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Transactions with initiated payments remain pending until 3:00 PM on last NFO payout day or T+5, whichever is earlier
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure clients initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on December 29, 2025 for allotment
- Cheques and OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 PM on December 29, 2025
- Members must process transactions according to BSE StAR MF Platform procedures
Important Dates
- December 16, 2025: NFO opening date
- December 22, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- December 29, 2025: Tentative allotment date; clear funds must be in ICCL Account by 6:00 PM
- T+1 day, 9:00 AM: Deadline for client fund initiation (post-transaction)
- Last NFO payout day or T+5, 3:00 PM: Deadline for pending transactions with initiated payments
Impact Assessment
This circular has minimal market-wide impact as it announces a routine NFO launch. The impact is limited to:
- BSE StAR MF Platform members who will facilitate client subscriptions
- Investors interested in gold ETF investment opportunities
- THE WEALTH COMPANY MUTUAL FUND’s product portfolio expansion
The NFO provides investors with another gold ETF option in the market. The operational requirements are standard for NFO processes on the BSE platform, requiring members to ensure timely fund settlement and compliance with payment deadlines.
Impact Justification
Routine NFO launch announcement for a new Gold ETF scheme with standard procedures and limited market-wide impact