Description

TRUST Mutual Fund launches TRUSTMF ARBITRAGE FUND NFO with SIP facility from August 18-22, 2025 on BSE StAR MF Platform.

Summary

TRUST Mutual Fund is launching TRUSTMF ARBITRAGE FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 18-22, 2025. The fund offers both Direct and Regular plans with Growth options, featuring tentative allotment date of August 29, 2025.

Key Points

  • NFO period: August 18-22, 2025
  • Two scheme variants: Direct Plan and Regular Plan (both Growth options)
  • ISIN codes: INF0GCD01859 (Direct), INF0GCD01867 (Regular)
  • Tentative allotment date: August 29, 2025
  • Clear funds required in ICCL Account by 6:00 PM on August 26, 2025
  • Extended trading till midnight on August 22, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be authenticated before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes mentioned. Standard NFO procedures apply.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid cancellation
  • Transactions without client fund initiation will be cancelled with CC and N flag reporting to RTA/AMC
  • Clear funds must be available in ICCL Account by 6:00 PM on August 26, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
  • Switch transactions must receive funds before allotment date for NFO consideration

Important Dates

  • NFO Start Date: August 18, 2025
  • NFO End Date: August 22, 2025 (extended till midnight for lumpsum)
  • Clear Funds Deadline: August 26, 2025 (6:00 PM)
  • Tentative Allotment Date: August 29, 2025
  • SIP Authentication Deadline: August 22, 2025 (3:00 PM)

Impact Assessment

Minimal market impact as this is a routine NFO launch. The arbitrage fund category typically has limited market influence. Impact is primarily operational for BSE StAR MF Platform participants and TRUST Mutual Fund investors. Standard NFO procedures apply with no unusual market implications.

Impact Justification

Routine NFO launch with standard procedures, limited market impact