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 05, 2026.
Summary
DSP Mutual Fund is launching DSP NIFTY NEXT 50 ETF 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 a tentative allotment date of January 05, 2026. Both regular and direct plan options will be available. Members must ensure clear funds are available in their ICCL Account by 6:00 PM on January 02, 2026 to receive unit allotments.
Key Points
- DSP NIFTY NEXT 50 ETF NFO available in both Regular and Direct Plan variants
- Scheme category: Equity
- NFO period: December 19, 2025 to December 30, 2025
- Extended trading available till midnight on December 30, 2025 (lumpsum purchases only)
- Tentative allotment date: January 05, 2026
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Pending transactions allowed till 3:00 PM on last NFO payout day or T+5, whichever is earlier
- CC with N flag will be reported to RTA/AMC for cancelled transactions
Regulatory Changes
No regulatory changes. 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 02, 2026
- Cheques and OTM payments are acceptable during NFO period subject to clear funds receipt by the deadline
- Members must process transactions within specified timeframes to enable unit allotment
Important Dates
- December 19, 2025: NFO opening date
- December 30, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- January 02, 2026: Deadline for clear funds in ICCL Account by 6:00 PM
- January 05, 2026: Tentative allotment date
- T+1 day: Deadline for client fund initiation (9:00 AM)
- T+5 or last payout day: Latest date for pending transactions (3:00 PM)
Impact Assessment
This circular has minimal market impact as it is a routine NFO launch announcement. The impact is limited to mutual fund distributors and investors interested in NIFTY NEXT 50 ETF exposure through DSP Mutual Fund. The circular provides operational guidelines for BSE StAR MF Platform members to facilitate smooth NFO subscription and allotment processes. No stocks are directly affected by this announcement.
Impact Justification
Routine NFO launch notification for mutual fund members with standard operational procedures and timeline details.