Description

KOTAK MAHINDRA MUTUAL FUND will offer KOTAK ACTIVE MOMENTUM FUND NFO with SIP facility from July 29, 2025 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, 2025 to August 12, 2025. The fund offers 6 different plan options across regular and direct plans with growth and dividend variants. Tentative allotment date is August 20, 2025.

Key Points

  • NFO period: July 29, 2025 to August 12, 2025
  • Six scheme variants available: Regular/Direct plans with Growth/IDCW Payout/IDCW Reinvestment options
  • All schemes categorized under EQUITY with unique ISIN codes
  • Extended trading till midnight on August 12, 2025 for lumpsum purchases only
  • SIP/XSIP registrations require client authentication before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on August 18, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
  • Switch transactions must receive funds before allotment date for consideration
  • CC with N flag will be reported to RTA/AMC for cancelled transactions

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)
  • Pending Transaction Deadline: T+5 or 3:00 PM on last fund payout day

Impact Assessment

Medium impact on mutual fund segment participants. New investment opportunity in equity category with comprehensive SIP facilities. Operational impact on BSE StAR MF Platform members requiring adherence to specific fund collection and processing timelines. Enhanced investment options for retail and institutional investors seeking active momentum-based equity exposure.

Impact Justification

New fund offering announcement with specific operational procedures and deadlines for market participants