Description

360 ONE Mutual Fund will offer the 360 ONE MSCI INDIA ETF NFO on BSE StAR MF Platform from May 18-20, 2026, with tentative allotment on May 22, 2026.

Summary

BSE has notified members that 360 ONE Mutual Fund will launch the 360 ONE MSCI INDIA ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform from May 18, 2026, to May 20, 2026. Two scheme variants are available — a regular plan and a Direct Plan — both categorised as Equity schemes with a tentative allotment date of May 22, 2026.

Key Points

  • NFO period: May 18, 2026 to May 20, 2026 on BSE StAR MF Platform
  • Two schemes offered: 360 ONE MSCI INDIA ETF and 360 ONE MSCI INDIA ETF – Direct Plan (both Equity category)
  • Tentative allotment date: May 22, 2026
  • NFO extended till midnight on May 20, 2026 for Lumpsum purchases only
  • Transactions where clients do not initiate funds by 9:00 AM on T+1 day will be cancelled; CC with ‘N’ flag reported to RTA/AMC
  • Pending transactions remain in system until 3:00 PM on last day of funds pay-out to AMC or T+5 day, whichever is earlier
  • Cheque and OTM payments accepted during NFO period subject to clear funds in ICCL account

Regulatory Changes

No regulatory changes. This is an operational notice for BSE members regarding the processing of NFO transactions on the BSE StAR MF Platform.

Compliance Requirements

  • Members must ensure clients initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in the ICCL account by 6:00 PM on May 22, 2026 for allotment eligibility
  • Switch-out funds received on or after the allotment date (May 22, 2026) will not be considered for allotment at the AMC/RTA end
  • Switch transactions accepted during NFO period only if funds are received under the NFO scheme prior to the allotment date

Important Dates

  • May 18, 2026: NFO opens
  • May 20, 2026: NFO closes (extended till midnight for Lumpsum purchases)
  • May 22, 2026: Tentative allotment date; clear funds must be in ICCL account by 6:00 PM
  • T+1 day 9:00 AM: Deadline for clients to initiate funds per transaction
  • T+5 day or last fund pay-out day (3:00 PM): Deadline for pending transactions

Impact Assessment

This notice is directly relevant to BSE members and distributors participating in mutual fund transactions on the BSE StAR MF Platform. Operationally, members must communicate the fund initiation deadlines to clients to avoid cancellations. The NFO introduces two new equity ETF schemes tracking the MSCI India index, which may attract investor interest in passive international-benchmark equity products. No impact on listed equities or broader market operations.

Impact Justification

Routine NFO launch notice for mutual fund members on BSE StAR MF platform; operationally relevant to brokers and distributors handling the NFO but no broad market or regulatory impact.