Description
ANGEL ONE Mutual Fund launches ANGEL ONE SILVER ETF NFO from February 09-19, 2026 on BSE StAR MF Platform with tentative allotment on February 26, 2026.
Summary
ANGEL ONE Mutual Fund will launch ANGEL ONE SILVER ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from February 09, 2026 to February 19, 2026. The scheme is categorized as DEBT and includes both regular and direct plans. The tentative allotment date is February 26, 2026, requiring clear funds in ICCL Account by 6:00 PM on February 23, 2026.
Key Points
- Two schemes offered: ANGEL ONE SILVER ETF and ANGEL ONE SILVER ETF - DIRECT PLAN, both categorized as DEBT
- NFO period: February 09, 2026 to February 19, 2026
- Extended trading available until midnight on February 19, 2026 for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled with CC and N flag reported to RTA/AMC
- Pending transactions remain in system until 3:00 PM on last day of fund payout or T+5, whichever is earlier
- Cheques and OTM payments accepted during NFO period subject to clear funds receipt
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch following existing BSE StAR MF Platform procedures.
Compliance Requirements
- Members must ensure client funds are initiated 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 February 23, 2026 for unit allotment
- Cheques and OTM payments must result in clear funds in ICCL account by the same deadline (6:00 PM on February 23, 2026)
- Cancelled transactions (where funds not initiated) will be reported with CC and N flag to RTA/AMC
Important Dates
- February 09, 2026: NFO opening date
- February 19, 2026: NFO closing date (extended to midnight for lumpsum purchases)
- February 23, 2026: Deadline for clear funds in ICCL Account (6:00 PM)
- February 26, 2026: Tentative allotment date
- T+1 day (9:00 AM): Deadline for clients to initiate funds payment
- T+5 or last payout day (3:00 PM): Deadline for pending transactions (whichever is earlier)
Impact Assessment
This circular has minimal market-wide impact as it announces a routine NFO launch for a specific mutual fund product. The impact is limited to:
- Members participating in BSE StAR MF Platform who wish to offer this ETF to their clients
- Investors interested in silver-based ETF investment opportunities
- Operational processes for members handling NFO subscriptions with specific fund settlement timelines
The scheme provides an additional investment vehicle for silver exposure through an ETF structure, but does not affect broader market operations or existing trading activities.
Impact Justification
Routine NFO launch announcement for a new ETF product with standard settlement procedures. Limited market-wide impact as it pertains to a single mutual fund scheme launch.