Description
BANDHAN MUTUAL FUND launches BANDHAN GOLD ETF FOF - NFO with SIP facility from January 12, 2026, to January 20, 2026, on BSE StAR MF Platform.
Summary
BANDHAN MUTUAL FUND is launching BANDHAN GOLD ETF FOF - NFO with SIP facility on BSE StAR MF Platform. The NFO period runs from January 12, 2026, to January 20, 2026, with tentative allotment on January 23, 2026. Two plan options are available: Regular Plan - Growth (ISIN: INF194KB1KK5) and Direct Plan - Growth (ISIN: INF194KB1KL3), both classified under equity category.
Key Points
- NFO subscription period: January 12, 2026, to January 20, 2026
- Two scheme options available: Regular Plan - Growth and Direct Plan - Growth
- Tentative allotment date: January 23, 2026
- Clear funds must be available in ICCL Account by 6:00 PM on January 22, 2026
- Extended trading till midnight on January 20, 2026, for lumpsum purchases only
- SIP/XSIP registration authentication must be completed before 3:00 PM on NFO closure date
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
- Cheques and OTM payments accepted during NFO period subject to fund clearance by deadline
Regulatory Changes
No regulatory changes introduced. This is a routine NFO launch announcement.
Compliance Requirements
- Members must ensure client funds are initiated by 9:00 AM on T+1 day to avoid transaction cancellation
- Cancelled transactions (CC with N flag) will be reported to RTA/AMC
- Clear funds must be available in ICCL Account by 6:00 PM on January 22, 2026, for unit allotment
- SIP/XSIP registrations must be authenticated before 3:00 PM on January 20, 2026
- Pending transactions will remain in system till 3:00 PM on last day of NFO payout or T+5, whichever is earlier
- Switch transactions are accepted during NFO period only if funds are received before allotment date
Important Dates
- January 12, 2026: NFO opening date
- January 20, 2026: NFO closing date (extended till midnight for lumpsum purchases)
- January 20, 2026, 3:00 PM: Deadline for SIP/XSIP registration authentication
- January 22, 2026, 6:00 PM: Deadline for clear funds availability in ICCL Account
- January 23, 2026: Tentative allotment date
Impact Assessment
Market Impact: Minimal. This is a standard NFO launch for a Gold ETF Fund of Fund scheme by BANDHAN MUTUAL FUND.
Operational Impact: Moderate impact on BSE StAR MF Platform members and distributors who need to manage NFO subscriptions, fund collection timelines, and client authentication processes within specified deadlines.
Investor Impact: Low to moderate. Provides new investment opportunity for investors seeking exposure to gold through ETF route with both Regular and Direct plan options. SIP facility allows systematic investment approach.
Impact Justification
Routine NFO launch announcement for mutual fund scheme with standard operational details. Limited market-wide impact, primarily relevant to mutual fund distributors and investors.