Description

DSP Mutual Fund launches DSP NIFTY 500 INDEX FUND NFO from December 19-30, 2025, with six plan variants available on BSE StAR MF Platform.

Summary

DSP Mutual Fund is launching DSP NIFTY 500 INDEX FUND as a New Fund Offer (NFO) on the BSE StAR MF Platform from December 19, 2025, to December 30, 2025. The fund offers six plan variants including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. The tentative allotment date is January 5, 2026, with clear funds required in ICCL Account by 6:00 PM on January 2, 2026.

Key Points

  • Six scheme variants available: Regular and Direct plans with Growth and IDCW options
  • All schemes categorized as Equity with unique ISINs assigned
  • NFO period: December 19-30, 2025
  • Tentative allotment date: January 5, 2026
  • Extended trading till 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
  • Cheques and OTM payments accepted during NFO period
  • Switch transactions accepted subject to fund receipt on or before allotment date

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on January 2, 2026
  • Transactions without client-initiated funds till 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
  • Pending transactions will remain in system till 3:00 PM on last day of NFO or T+5, whichever is earlier
  • SIP/XSIP registrations must be done before 3:00 PM on December 30, 2025
  • Switch-out funds received after allotment date will not be considered for NFO allotment

Important Dates

  • NFO Start Date: December 19, 2025
  • NFO End Date: December 30, 2025
  • Extended Trading Deadline: Midnight, December 30, 2025 (lumpsum only)
  • SIP/XSIP Registration Deadline: 3:00 PM, December 30, 2025
  • Clear Funds Deadline: 6:00 PM, January 2, 2026
  • Tentative Allotment Date: January 5, 2026

Impact Assessment

This circular has minimal market impact as it pertains only to the launch of a new mutual fund scheme. The DSP NIFTY 500 INDEX FUND provides investors with an additional passive investment option tracking the NIFTY 500 index. The operational guidelines ensure proper fund settlement and transaction processing on the BSE StAR MF Platform. Impact is limited to DSP Mutual Fund distributors, investors interested in index funds, and BSE StAR MF Platform members.

Impact Justification

Routine NFO launch announcement affecting only mutual fund investors. No regulatory changes or market-wide impact.