MFIs/MFDs/RIAs/RFDs are hereby informed that BANDHAN Mutual Fund will be offering BANDHAN NIFTY TOTAL MARKET INDEX FUND - NFO with SIP facility from June 24, 2024, to July 05, 2024, on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No.
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
BANDHAN NIFTY TOTAL MARKET INDEX FUND - REGULAR PLAN - GROWTH
|
EQUITY
|
INF194KB1IH5
|
10-July-2024
|
|
2
|
BANDHAN NIFTY TOTAL MARKET INDEX FUND - DIRECT PLAN - GROWTH
|
EQUITY
|
INF194KB1IK9
|
10-July-2024
|
MFIs/MFDs/RIAs/RFDs are also hereby informed that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which the client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on July 10, 2024, hence the clear funds have to be available in ICCL Account by 6:00 pm on July 9, 2024.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on July 9, 2024, to avail the allotment of units under BANDHAN NIFTY TOTAL MARKET INDEX FUND - NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date (Refer switch out scheme payout TAT in scheme master) then same will not be considered for allotment at AMC/RTA end.
The said NFO will get extended till midnight on July 5, 2024, only for lumpsum purchase on BSE StAR MF Platform. SIP/XSIP/ISIP registration authentication should be done before 3.00 pm on NFO closure date.
Ketan Jantre Zeeta Eustace
Head - Trading Operations Additional General Manager – Mutual Funds |