Description

BSE announces activation of the SMART Switch feature for the Helios Arbitrage Fund NFO on the BSE StAR MF platform, enabling switches from specified Helios overnight fund schemes.

Summary

BSE has activated the SMART Switch feature for the Helios Arbitrage Fund NFO on the BSE StAR MF platform. This allows investors to switch into the Helios Arbitrage Fund from two eligible source schemes during the NFO period.

Key Points

  • The SMART Switch feature is now active for Helios Arbitrage Fund NFO on BSE StAR MF.
  • Two source schemes are eligible for switching into the NFO:
    1. Helios Overnight Fund – Direct Plan – Growth
    2. Helios Overnight Fund – Regular Plan – Growth

Regulatory Changes

No regulatory changes. This is an operational activation notice for a mutual fund feature on the BSE StAR MF platform.

Compliance Requirements

  • Mutual fund distributors and RTAs using BSE StAR MF should enable the SMART Switch option for eligible transactions into the Helios Arbitrage Fund NFO from the listed source schemes.

Important Dates

  • Effective as of the circular date: 2026-03-09 (applicable during the NFO period of Helios Arbitrage Fund).

Impact Assessment

Low market impact. This is a platform-level operational update relevant to mutual fund distributors, RTAs, and investors transacting through BSE StAR MF. It facilitates seamless switching from Helios Overnight Fund schemes into the Helios Arbitrage Fund NFO, improving investor convenience during the subscription window.

Impact Justification

Operational notification for mutual fund distributors and investors regarding availability of SMART Switch for a specific NFO; limited in scope to Helios fund participants on BSE StAR MF platform.