Description
KOTAK MAHINDRA MUTUAL FUND launches KOTAK ACTIVE MOMENTUM FUND NFO with SIP facility from July 29 to August 12, 2025 on BSE StAR MF Platform.
Summary
KOTAK MAHINDRA MUTUAL FUND announces the launch of KOTAK ACTIVE MOMENTUM FUND NFO with SIP facility on BSE StAR MF Platform from July 29 to August 12, 2025. The fund offers 6 different plan options across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment variants.
Key Points
- NFO period: July 29, 2025 to August 12, 2025
- 6 scheme variants available: Regular/Direct plans with Growth/IDCW options
- Tentative allotment date: August 20, 2025
- Clear funds must be available in ICCL Account by 6:00 PM on August 18, 2025
- Extended trading till midnight on August 12, 2025 for lumpsum purchases only
- SIP/XSIP registrations must be authenticated before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes introduced. Standard NFO operational procedures apply.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- Pending transactions will remain in system till 3:00 PM on last day of NFO or T+5, whichever is earlier
- Clear funds required in ICCL Account by 6:00 PM on August 18, 2025 for unit allotment
- Cheques & OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: July 29, 2025
- NFO End Date: August 12, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: August 18, 2025 (6:00 PM)
- Tentative Allotment Date: August 20, 2025
- SIP Authentication Deadline: August 12, 2025 (3:00 PM)
Impact Assessment
Low market impact as this is a routine NFO launch. Provides additional investment option for equity fund investors on BSE StAR MF Platform. Standard operational procedures with clear timelines for fund collection and allotment process.
Impact Justification
Routine NFO launch notification with standard operational procedures for mutual fund platform