Description

BANDHAN MUTUAL FUND launches BANDHAN GOLD ETF FOF - NFO with SIP facility on BSE StAR MF Platform from January 12, 2026 to January 20, 2026.

Summary

BANDHAN MUTUAL FUND will offer BANDHAN GOLD ETF FOF - NFO with SIP facility on BSE StAR MF Platform from January 12, 2026 to January 20, 2026. The scheme is available in both Regular and Direct plans with Growth option. Tentative allotment date is January 23, 2026. Clear funds must be available in ICCL Account by 6:00 PM on January 22, 2026 for unit allotment.

Key Points

  • Two scheme options available: Regular Plan - Growth (ISIN: INF194KB1KK5) and Direct Plan - Growth (ISIN: INF194KB1KL3)
  • Both schemes classified under EQUITY category
  • NFO period: January 12-20, 2026 (extended till midnight on January 20 for lumpsum purchases only)
  • Tentative allotment date: January 23, 2026
  • 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
  • Pending transactions remain in system till 3:00 PM on last day of funds payout or T+5, whichever is earlier
  • Cheques and OTM payments accepted during NFO period subject to clear funds receipt
  • Switches accepted during NFO period subject to fund receipt before allotment date

Regulatory Changes

No regulatory changes. This is a standard NFO launch announcement following existing BSE StAR MF Platform procedures.

Compliance Requirements

  • Members must ensure client-initiated 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 22, 2026 for unit allotment
  • SIP/XSIP registration authentication to be completed before 3:00 PM on January 20, 2026 (NFO closure date)
  • For switch transactions, funds must be received before allotment date (January 23, 2026) to be considered for allotment
  • CC with N flag will be reported to RTA/AMC for cancelled transactions

Important Dates

  • NFO Start Date: January 12, 2026
  • NFO End Date: January 20, 2026 (extended till midnight for lumpsum purchases)
  • SIP/XSIP Authentication Deadline: 3:00 PM on January 20, 2026
  • Clear Funds Deadline: 6:00 PM on January 22, 2026
  • Tentative Allotment Date: January 23, 2026

Impact Assessment

This circular has minimal market-wide impact as it announces a routine NFO launch for a mutual fund scheme on the BSE StAR MF Platform. The impact is limited to:

  • Members and investors interested in gold ETF fund-of-funds products
  • BSE StAR MF Platform participants who facilitate mutual fund transactions
  • BANDHAN MUTUAL FUND distributors and intermediaries

The announcement provides standard operational guidelines for NFO transactions, payment timelines, and allotment procedures. No changes to existing market operations or trading mechanisms are introduced.

Impact Justification

Routine NFO launch announcement for mutual fund scheme with standard operational procedures. Limited market-wide impact, primarily informational for members trading on BSE StAR MF Platform.