Description
BSE notifies members that Nippon India Quarterly Interval Fund – Series II will be available for transactions on the BSE StAR MF Platform during the Specified Transaction Period from May 7–8, 2026.
Summary
BSE has notified members that Nippon India Mutual Fund will offer the Nippon India Quarterly Interval Fund – Series II (an interval debt fund) for subscriptions and redemptions on the BSE StAR MF Platform during a Specified Transaction Period (STP) from May 7, 2026, to May 8, 2026. Transactions will be accepted during normal business hours subject to scheme cut-off timings, and NAV applicability will be based on the date and time of receipt of the transaction.
Key Points
- Specified Transaction Period (STP): May 7, 2026, to May 8, 2026
- Both subscription and redemption requests will be accepted during the STP
- NAV applicability is based on cut-off timing and subject to fund confirmation
- MICR Cheque, Nodal, and OTM payment modes will NOT be accepted during the STP
- Transactions without clear funds received before 2:30 PM on the respective dates will be rejected
- Rejected transaction funds will be refunded upon AMC/RTA confirmation
Regulatory Changes
No regulatory changes. This is a standard operational activation notice for an interval fund’s transaction window.
Compliance Requirements
- Members/distributors must ensure transaction requests are submitted within the STP window (May 7–8, 2026)
- Payment via MICR Cheque, Nodal, or OTM modes must not be used during the STP
- Clear funds must be received by the Exchange before 2:30 PM on the transaction date to avoid rejection
Important Dates
- May 7, 2026: STP opens — subscriptions and redemptions accepted
- May 8, 2026: STP closes — last day for transaction requests
- 2:30 PM daily: Deadline for clear funds receipt; transactions without cleared funds by this time will be rejected
Scheme Details
| Sr. No. | Scheme Name | Category | ISIN |
|---|---|---|---|
| 1 | Nippon India Quarterly Interval Fund – Series II – IDCW Plan – Payout | Debt | INF204K01DO3 |
| 2 | Nippon India Quarterly Interval Fund – Series II – IDCW Plan – Reinvestment | Debt | INF204K01DP0 |
| 3 | Nippon India Quarterly Interval Fund – Series II – Growth Plan | Debt | INF204K01DN5 |
| 4 | Nippon India Quarterly Interval Fund – Series II – Direct IDCW Plan – Payout | Debt | INF204K01F46 |
| 5 | Nippon India Quarterly Interval Fund – Series II – Direct IDCW Plan – Reinvestment | Debt | INF204K01F53 |
| 6 | Nippon India Quarterly Interval Fund – Series II – Direct Growth Plan | Debt | INF204K01F61 |
Impact Assessment
This notice has low market impact. It is a routine operational activation for a short two-day interval fund transaction window. The impact is limited to existing and prospective investors in the Nippon India Quarterly Interval Fund – Series II who wish to transact during the STP. No broader market, regulatory, or compliance implications exist for other market participants.
Impact Justification
Routine operational notice for a short two-day transaction window for an interval fund; affects only investors in this specific Nippon India scheme with no broader market or regulatory implications.