Notice No20230308-31Notice Date08 Mar 2023
CategoryTradingSegmentMutual Fund
SubjectExtension of NFO's of HDFC Mutual Fund on BSE StAR MF Platform
Content

This is with reference to Notice No. 20230224-34 dated February 24, 2023 regarding Launch of NFO with SIP facility of HDFC Mutual Fund on BSE StAR MF Platform.

MFIs/MFDs/RIAs/RFDs are hereby informed that we have received communication from HDFC Mutual Fund regarding further extension of HDFC NIFTY G- SEC JUN 2036 INDEX FUND & HDFC NIFTY G-SEC APR 2029 INDEX FUND - NFO from March 08, 2023 to March 13, 2023 on BSE StAR MF Platform.

The revised tentative allotment date will be March 15, 2023.

Members 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.

Also, MFIs/MFDs/RIAs/RFDs are also hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on March 15, 2023 hence the clear funds have to be available in ICCL Account by 6:00pm on March 14, 2023.

The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on March 14, 2023 to avail the allotment of units under HDFC NIFTY G- SEC JUN 2036 INDEX FUND & HDFC NIFTY G-SEC APR 2029 INDEX FUND - NFO.

As per HDFC Mutual Fund instructions, said NFO will get extended till midnight on March 13, 2023 on BSE StAR MF Platform.

 

Ketan Jantre                                               Zeeta Eustace

Sr. General Manager – Mutual Funds       Dy. General Manager – Mutual Funds