Description
Kotak Mahindra Mutual Fund launches KOTAK ACTIVE MOMENTUM FUND NFO with SIP facility from July 29 to August 12, 2025.
Summary
Kotak Mahindra Mutual Fund announces the launch of KOTAK ACTIVE MOMENTUM FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from July 29, 2025, to August 12, 2025. The fund offers 6 different plan variants including regular and direct plans with growth and dividend options.
Key Points
- NFO period: July 29, 2025 to August 12, 2025
- Fund category: Equity Fund
- 6 plan variants available (Regular/Direct plans with Growth/IDCW options)
- Tentative allotment date: August 20, 2025
- Clear funds required in ICCL Account by 6:00 PM on August 18, 2025
- Extended trading till midnight on August 12, 2025 for lumpsum purchases only
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on August 18, 2025
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
- Cheques and OTM payments acceptable subject to clear funds receipt deadline
Important Dates
- NFO Start: July 29, 2025
- NFO End: August 12, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: August 18, 2025 (6:00 PM)
- Tentative Allotment: August 20, 2025
- SIP Authentication Deadline: August 12, 2025 (3:00 PM)
Impact Assessment
Medium impact on mutual fund market as it introduces a new equity fund option for investors. The NFO provides additional investment opportunities through BSE StAR MF Platform with both SIP and lumpsum options. Impact primarily affects mutual fund distributors, investors, and platform operations.
Impact Justification
New fund offering affects mutual fund investors and platform operations