Description
DSP Mutual Fund launches DSP NIFTY NEXT 50 ETF NFO on BSE StAR MF Platform from December 19, 2025 to December 30, 2025 with tentative allotment on January 5, 2026.
Summary
DSP Mutual Fund is launching DSP NIFTY NEXT 50 ETF as a New Fund Offering (NFO) on the BSE StAR MF Platform. The NFO period runs from December 19, 2025 to December 30, 2025, with both regular and direct plan options available. The tentative allotment date is January 5, 2026. Members must ensure clear funds are available in ICCL Account by 6:00 PM on January 2, 2026 for unit allotment.
Key Points
- Two scheme variants available: DSP NIFTY NEXT 50 ETF and DSP NIFTY NEXT 50 ETF - DIRECT PLAN
- Both schemes fall under Equity category
- NFO extended till midnight on December 30, 2025 for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Cheques and OTM payments accepted during NFO period subject to fund clearance
- Pending transactions will remain in system till 3:00 PM on last day of funds payout or T+5, whichever is earlier
Regulatory Changes
No regulatory changes announced. This is a standard NFO launch notification.
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 January 2, 2026 for allotment
- For cheque and OTM payments, clear funds must be received in ICCL account by 6:00 PM on January 2, 2026
- Members must process transactions according to specified timelines and fund availability requirements
Important Dates
- December 19, 2025: NFO opening date
- December 30, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- January 2, 2026: Deadline for clear funds in ICCL Account by 6:00 PM
- January 5, 2026: Tentative allotment date
- T+1 Day: 9:00 AM deadline for client fund initiation
- T+5 or Last Payout Day: 3:00 PM deadline for pending transactions (whichever is earlier)
Impact Assessment
Market Impact: Low - This is a routine NFO launch that provides additional investment options for market participants interested in NIFTY NEXT 50 index exposure through ETF format.
Operational Impact: Low to Medium for BSE StAR MF Platform members - Members need to ensure compliance with fund settlement timelines and manage client transactions according to specified cut-off times. The extended trading hours till midnight on the last day provides additional flexibility for lumpsum purchases.
Investor Impact: Positive - Investors gain access to a new ETF product tracking the NIFTY NEXT 50 index with both regular and direct plan options, offering diversification opportunities in mid-cap equity segment.
Impact Justification
Routine NFO launch announcement for mutual fund members on BSE StAR MF Platform with standard operational details and timelines.