Description

NSE extends the NFO period for Motilal Oswal Consumption Fund till October 15, 2025, with clear fund payment deadline of October 22, 2025.

Summary

NSE has announced the extension of the New Fund Offer (NFO) period for Motilal Oswal Consumption Fund on the NSE MF Invest Platform. The NFO closure has been extended till 11:59 PM on October 15, 2025, based on communication received from Motilal Mutual Fund.

Key Points

  • NFO for Motilal Oswal Consumption Fund extended till 11:59 PM on October 15, 2025
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (October 15, 2025)
  • Clear funds through any payment mode must be received in designated Clearing Corporation account by October 22, 2025 at 6:00 PM
  • Communication received from Motilal Mutual Fund regarding the extension

Regulatory Changes

No regulatory changes introduced. This is an operational extension of an existing NFO period.

Compliance Requirements

  • Members must ensure SIP/XSIP registration authentication is done by clients before 3:00 PM on October 15, 2025
  • Members must ensure clear funds are received in the designated Clearing Corporation account on or before October 22, 2025 at 6:00 PM
  • All payment modes accepted for fund transfer

Important Dates

  • October 15, 2025 (11:59 PM): Extended NFO closure deadline
  • October 15, 2025 (3:00 PM): Deadline for SIP/XSIP registration authentication by clients
  • October 22, 2025 (6:00 PM): Deadline for receipt of clear funds in Clearing Corporation account

Impact Assessment

This circular has minimal market impact as it pertains to a single mutual fund NFO extension. The extension provides additional time for investors interested in the Motilal Oswal Consumption Fund to subscribe. Members operating on the NSE MF Invest Platform need to ensure compliance with the specified deadlines for client authentication and fund receipt. No impact on equity markets or broader trading operations.

Impact Justification

Administrative notification regarding NFO extension for a single mutual fund scheme with limited market-wide impact