Description
BSE StAR MF platform activates SMART Switch feature for Bandhan Gold ETF FOF NFO, enabling automatic switches from Bandhan Overnight Fund plans.
Summary
BSE has activated the SMART Switch feature on its StAR MF platform for Bandhan Gold ETF FOF New Fund Offer schemes. This facility enables automatic switch-in transactions from Bandhan Overnight Fund (both Regular and Direct plans) to the Bandhan Gold ETF FOF.
Key Points
- SMART Switch feature activated for Bandhan Gold ETF FOF NFO
- Two switch routes enabled: from Bandhan Overnight Fund Regular Plan-Growth and Direct Plan-Growth
- Subscriptions received in the overnight fund schemes will be reported as switch-in transactions to Bandhan Gold ETF FOF
- Facility available on BSE StAR MF platform
Regulatory Changes
No regulatory changes introduced. This is an operational platform feature activation.
Compliance Requirements
No specific compliance requirements for market participants. This is a platform feature notification for mutual fund transactions.
Important Dates
- Effective Date: January 10, 2026 (circular issue date)
Impact Assessment
Minimal market impact. This is a technical/operational enhancement specific to Bandhan Mutual Fund’s NFO schemes on the BSE StAR MF platform. The SMART Switch feature provides automated switching convenience for investors moving from overnight fund schemes to the Gold ETF FOF during the NFO period. Impact is limited to Bandhan MF investors using this specific feature.
Impact Justification
Operational notification for mutual fund platform feature activation affecting specific Bandhan MF schemes only, with limited broader market impact