Description
BSE circular announcing changes in scheme names for SBI mutual fund schemes on the BSE StAR MF trading platform.
Summary
BSE has issued a circular regarding changes in scheme names for SBI mutual fund schemes traded on the BSE StAR MF (Systematic Transaction Access & Reporting for Mutual Funds) platform. This is an administrative update to reflect revised naming conventions for SBI mutual fund schemes.
Key Points
- Scheme name changes for SBI mutual funds on BSE StAR MF platform
- Administrative nomenclature update with no impact on scheme operations
- Affects mutual fund trading and reporting systems
- Market participants should update their systems with new scheme names
Regulatory Changes
No regulatory changes introduced. This is purely an administrative update to reflect scheme name modifications by SBI Mutual Fund.
Compliance Requirements
- Market participants and intermediaries should update their systems to reflect the new scheme names
- Ensure accurate scheme identification in transaction reporting
- Update client-facing systems and documentation with revised nomenclature
Important Dates
- Circular Date: December 16, 2025
- Effective Date: As specified in the circular (refer to PDF for specific implementation timeline)
Impact Assessment
Market Impact: Minimal to none. This is an administrative change that does not affect scheme performance, holdings, or investor rights.
Operational Impact: Low. System administrators and market participants will need to update scheme master data in their systems to ensure correct scheme identification for trading and reporting purposes.
Investor Impact: None. Existing investments remain unaffected. Only the display names of schemes will change in system records and reports.
Impact Justification
Administrative change involving scheme name updates for SBI mutual funds on BSE platform. Does not affect trading operations or investor holdings, only nomenclature changes.