Description
BSE activates auto switch facility for DSP Multi Asset Omni Fund of Funds NFO, enabling automatic switching from overnight/liquidity funds to the main fund scheme.
Summary
BSE has activated the auto switch facility for DSP Multi Asset Omni Fund of Funds - NFO on the BSE StAR MF platform. This facility allows subscriptions received in temporary parking schemes (DSP Overnight Fund and DSP Liquidity Fund) during the NFO period to be automatically switched into the main DSP Multi Asset Omni Fund of Funds scheme upon activation. The facility covers both Regular Plan and Direct Plan options with Growth variants.
Key Points
- Auto switch facility activated for DSP Multi Asset Omni Fund of Funds NFO
- Four subscription-to-switch mappings configured on BSE StAR MF platform
- Covers both Regular Plan and Direct Plan variants
- Temporary parking in DSP Overnight Fund and DSP Liquidity Fund during NFO
- Automatic switch-in transactions will report to the main fund scheme
- Growth option available for all plans
Regulatory Changes
No regulatory changes introduced. This is an operational activation of an existing mutual fund platform feature.
Compliance Requirements
No specific compliance requirements for market participants. This is a platform configuration update managed by BSE for mutual fund transactions.
Important Dates
- Effective Date: February 6, 2026 (date of circular issuance and activation)
Impact Assessment
Market Impact: Minimal - affects only investors subscribing to this specific DSP fund NFO.
Operational Impact: Low - automated facility simplifies the NFO subscription process by allowing temporary parking of funds in liquid/overnight schemes with automatic switching to the target fund upon launch.
Investor Impact: Positive for DSP Multi Asset Omni Fund NFO subscribers - provides liquidity management during NFO period while ensuring seamless transfer to the main scheme.
Auto Switch Mapping Details
| Subscription Received Scheme | Switch In Transaction Reporting Scheme |
|---|---|
| DSP Multi Asset Omni Fund of Funds - NFO Auto Switch - DSP Overnight Fund - Regular Plan - Growth | DSP Multi Asset Omni Fund of Funds - Regular Plan - Growth |
| DSP Multi Asset Omni Fund of Funds - NFO Auto Switch - DSP Overnight Fund - Direct Plan - Growth | DSP Multi Asset Omni Fund of Funds - Direct Plan - Growth |
| DSP Multi Asset Omni Fund of Funds - NFO Auto Switch - DSP Liquidity Fund - Direct Plan - Growth | DSP Multi Asset Omni Fund of Funds - Direct Plan - Growth |
| DSP Multi Asset Omni Fund of Funds - NFO Auto Switch - DSP Liquidity Fund - Growth | DSP Multi Asset Omni Fund of Funds - Regular Plan - Growth |
Impact Justification
Operational notification for mutual fund platform feature activation affecting only investors in specific DSP fund NFO