MFIs/MFDs/RFIs/RFDs/RIAs are hereby informed that EDELWEISS MUTUAL FUND will be offering EDELWEISS BSE CAPITAL MARKETS & INSURANCE ETF- NFO with effect from December 10, 2024, to December 24, 2024, on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No.
|
Scheme Name
|
Scheme Category
|
Tentative Allotment date
|
|
1
|
EDELWEISS BSE CAPITAL MARKETS & INSURANCE ETF - REGULAR PLAN - GROWTH
|
Equity
|
01-Jan-25
|
|
2
|
EDELWEISS BSE CAPITAL MARKETS & INSURANCE ETF - DIRECT PLAN - GROWTH
|
Equity
|
01-Jan-25
|
MFDs/RFDs/RIAs 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, members are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on January 01, 2025, hence the clear funds must be available in ICCL Account by 6:00 pm on December 31, 2024.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on December 31, 2024, to avail the allotment of units under EDELWEISS BSE CAPITAL MARKETS & INSURANCE ETF- NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme before the allotment date. If funds for switch out scheme received on or after the NFO allotment date, then same shall not be considered for allotment at AMC/RTA end.
The said NFO will be extended till midnight on December 24, 2024, only for lumpsum purchase on BSE StAR MF Platform.
Ketan Jantre Mahesh tare
Head - Trading Operations Manager – Mutual Funds
|