Description

DSP Mutual Fund launches DSP NIFTY 500 INDEX FUND NFO from December 19-30, 2025, with six plan options and tentative allotment on January 5, 2026.

Summary

BSE announces the launch of DSP NIFTY 500 INDEX FUND as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from December 19, 2025, to December 30, 2025, with six scheme options across Regular and Direct plans. The tentative allotment date is January 5, 2026, requiring clear funds in ICCL account by 6:00 PM on January 2, 2026.

Key Points

  • Six scheme options available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized as Equity with unique ISIN codes assigned
  • NFO extended until midnight on December 30, 2025, for lumpsum purchases only
  • SIP/XSIP registrations must be completed by 3:00 PM on NFO closure date
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Pending transactions remain in system until 3:00 PM on last day of NFO funds payout or T+5, whichever is earlier
  • Cheques and OTM payments acceptable during NFO period subject to fund receipt by deadline
  • Switches accepted during NFO period only if funds received on or before allotment date

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for NFO launch.

Compliance Requirements

  • Members must ensure clear funds availability in ICCL Account by 6:00 PM on January 2, 2026, for unit allotment
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled and reported to RTA/AMC with CC and N flag
  • SIP/XSIP registrations must be completed before 3:00 PM on December 30, 2025
  • Switch transactions require fund receipt under NFO scheme on or before January 5, 2026, for allotment consideration

Important Dates

  • NFO Start Date: December 19, 2025
  • NFO End Date: December 30, 2025 (3:00 PM for SIP/XSIP; midnight for lumpsum)
  • Clear Funds Deadline: January 2, 2026, by 6:00 PM
  • Tentative Allotment Date: January 5, 2026
  • SIP/XSIP Registration Deadline: December 30, 2025, by 3:00 PM

Impact Assessment

Low impact announcement affecting mutual fund distribution operations. This is a routine NFO launch providing additional investment options for clients through the BSE StAR MF Platform. The offering expands index fund choices with NIFTY 500 tracking capability. Members need to follow standard operational procedures for fund collection and transaction processing. No market-wide or regulatory impact anticipated.

Impact Justification

Routine NFO launch announcement affecting only mutual fund distribution members on BSE platform with standard operational procedures