Description
Baroda BNP Paribas Multi Asset Active FOF settlement type changes from T+2 to T+3 effective September 3, 2025 on NSE MF Invest Platform.
Summary
The National Stock Exchange has announced a change in the settlement type for Baroda BNP Paribas Multi Asset Active Fund of Fund (FOF) on the NSE MF Invest Platform. The settlement period will be extended from T+2 to T+3 days for all transactions, effective September 3, 2025.
Key Points
- Baroda BNP Paribas Multi Asset Active FOF settlement changes from T+2 to T+3
- Change applies to all transactions on NSE MF Invest Platform
- Effective date: September 3, 2025
- Impacts settlement timing for mutual fund transactions
Regulatory Changes
No regulatory changes indicated. This is an operational adjustment to the settlement cycle for a specific mutual fund scheme as communicated by Baroda BNP Paribas Mutual Fund.
Compliance Requirements
All NSE members transacting in the affected scheme must update their systems and processes to accommodate the new T+3 settlement cycle starting September 3, 2025.
Important Dates
- Circular Issue Date: September 2, 2025
- Effective Date: September 3, 2025
- Current Settlement: T+2 (until September 2, 2025)
- Revised Settlement: T+3 (from September 3, 2025)
Impact Assessment
The change from T+2 to T+3 settlement will extend the settlement period by one additional day for the Baroda BNP Paribas Multi Asset Active FOF. This may affect liquidity planning for investors and require operational adjustments by brokers and distributors using the NSE MF Invest Platform. The impact is limited to a single scheme and represents a minor operational adjustment.
Impact Justification
Routine operational change affecting single mutual fund scheme settlement timing with minimal market impact