Description
BSE StAR MF platform activates SMART Switch feature for Bandhan Gold ETF FOF NFO schemes, allowing automated switches from Bandhan Overnight Fund plans.
Summary
BSE has activated the SMART Switch feature on its StAR MF platform for New Fund Offer (NFO) schemes of Bandhan Mutual Fund. This feature enables automated switch transactions from Bandhan Overnight Fund (both Regular and Direct plans) into the Bandhan Gold ETF Fund of Funds during the NFO period.
Key Points
- SMART Switch feature activated for Bandhan Gold ETF FOF NFO schemes
- Two switch routes enabled: Regular Plan and Direct Plan of Bandhan Overnight Fund
- Switch-in transactions will be reported under Bandhan Gold ETF FOF scheme
- Feature available on BSE StAR MF platform
Regulatory Changes
No regulatory changes. This is an operational platform feature activation.
Compliance Requirements
No specific compliance requirements for market participants. This is a platform functionality update for mutual fund distributors and investors using the BSE StAR MF platform.
Important Dates
- Effective Date: January 10, 2026
Impact Assessment
Minimal market impact. This is a routine operational update that provides enhanced functionality for investors participating in the Bandhan Gold ETF FOF NFO. The SMART Switch feature allows seamless automated redemption from overnight funds and simultaneous investment into the NFO, improving investor convenience during the offer period.
Scheme Details
| Subscription Scheme | Switch-In Reporting Scheme |
|---|---|
| BANDHAN GOLD ETF FOF - NFO SMART SWITCH - BANDHAN OVERNIGHT FUND REGULAR PLAN-GROWTH | BANDHAN GOLD ETF FOF |
| BANDHAN GOLD ETF FOF - NFO SMART SWITCH - BANDHAN OVERNIGHT FUND DIRECT PLAN-GROWTH | BANDHAN GOLD ETF FOF |
Impact Justification
Routine operational update for mutual fund platform feature activation affecting specific NFO schemes with limited market-wide impact