Description
BSE activates auto switch facility for DSP Multi Asset Omni Fund of Funds NFO, enabling automatic switching from overnight and liquidity funds to the main scheme.
Summary
BSE has activated the auto switch facility for DSP Multi Asset Omni Fund of Funds - New Fund Offer (NFO) on the BSE StAR MF platform. This facility allows automatic switching of investments from temporary parking schemes (DSP Overnight Fund and DSP Liquidity Fund) to the main DSP Multi Asset Omni Fund of Funds scheme upon allotment, available for both regular and direct plans with growth options.
Key Points
- Auto switch facility activated for DSP Multi Asset Omni Fund of Funds NFO
- Four subscription routes available with automatic switch-in functionality
- Covers both Regular Plan and Direct Plan with Growth options
- Temporary parking in DSP Overnight Fund or DSP Liquidity Fund
- Automatic transfer to main scheme: DSP Multi Asset Omni Fund of Funds
Auto Switch Mapping Details
| Subscription Scheme | Switch-In Target Scheme |
|---|---|
| DSP Multi Asset Omni FoF - NFO Auto Switch - DSP Overnight Fund - Regular Plan - Growth | DSP Multi Asset Omni Fund of Funds - Regular Plan - Growth |
| DSP Multi Asset Omni FoF - NFO Auto Switch - DSP Overnight Fund - Direct Plan - Growth | DSP Multi Asset Omni Fund of Funds - Direct Plan - Growth |
| DSP Multi Asset Omni FoF - NFO Auto Switch - DSP Liquidity Fund - Direct Plan - Growth | DSP Multi Asset Omni Fund of Funds - Direct Plan - Growth |
| DSP Multi Asset Omni FoF - NFO Auto Switch - DSP Liquidity Fund - Regular Plan - Growth | DSP Multi Asset Omni Fund of Funds - Regular Plan - Growth |
Regulatory Changes
No regulatory changes. This is an operational activation of an existing platform feature.
Compliance Requirements
- Mutual fund distributors and intermediaries should update their systems to recognize the auto switch facility
- Transaction reporting to follow the switch-in mapping as specified
- Investors subscribing through auto switch routes should be informed about the temporary parking arrangement
Important Dates
- Circular Date: February 6, 2026
- Effective immediately upon circular issuance
Impact Assessment
Low impact circular affecting only investors participating in the DSP Multi Asset Omni Fund of Funds NFO who opt for the auto switch facility. The feature provides convenience by automatically parking NFO subscriptions in liquid/overnight funds until the main scheme is launched, then switching investments to the target fund. No impact on secondary market operations or listed securities.
Impact Justification
Operational circular for mutual fund platform feature activation affecting only investors in specific DSP fund NFO with auto-switch facility