BSE Ltd.

08/16/2022 | Press release | Distributed by Public on 08/16/2022 07:56

Launch of NFO with SIP facility of SHRIRAM Mutual Fund on BSE StAR MF Platform

NOTICES
Notice No. 20220816-23 Notice Date 16 Aug 2022
Category Trading Segment Mutual Fund
Subject Launch of NFO with SIP facility of SHRIRAM Mutual Fund on BSE StAR MF Platform
Attachments Annexture.xls ;
Content

MFIs/MFDs/RIAs/RFDs are hereby informed that SHRIRAM Mutual Fund will be offering SHRIRAM OVERNIGHT FUND - NFO alongwith SIP facility with effect from August 17,2022 to August 19,2022 on BSE StAR MF Platform.

The scheme details are attached above<_o3a_p>

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 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.<_o3a_p>

Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on August 26,2022hence the clear funds have to be available in ICCL Account by 6:00 pm on August 25,2022.<_o3a_p>

The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 pm on August 25,2022to avail the allotment of units under SHRIRAM OVERNIGHT FUND-NFO.<_o3a_p>

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, then same will not be considered for allotment at AMC/RTA end. <_o3a_p>

The said NFO will get extended till midnight on August 19,2022 only for lumpsum purchase on BSE StAR MF Platform. SIP/XSIP/ISIP registrations authentication should be done before 3.00pm on NFO closure date.<_o3a_p>

<_o3a_p>

Ketan Jantre Zeeta Eustace<_o3a_p>

Sr. General Manager - Mutual Funds Dy. General Manager - Mutual Funds<_o3a_p>