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 announces the launch of TRUSTMF ARBITRAGE FUND New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 18, 2025 to August 22, 2025. The fund offers both Direct and Regular growth plans with tentative allotment date of August 29, 2025.
Key Points
- NFO period: August 18-22, 2025
- Two scheme variants: Direct Plan Growth (ISIN: INF0GCD01859) and Regular Plan Growth (ISIN: INF0GCD01867)
- Extended trading till midnight on August 22, 2025 for lumpsum purchases only
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
- Transactions without fund initiation by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments accepted subject to clear funds receipt
Regulatory Changes
No regulatory changes introduced. Standard NFO operational procedures apply.
Compliance Requirements
- Members must ensure clear funds availability in ICCL Account by 6:00 PM on August 28, 2025
- Client fund initiation required by 9:00 AM on T+1 day to avoid transaction cancellation
- SIP/XSIP authentication required before 3:00 PM on NFO closure date
- Switch transactions must receive funds before allotment date for consideration
Important Dates
- NFO Start Date: August 18, 2025
- NFO End Date: August 22, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: August 28, 2025 by 6:00 PM
- Tentative Allotment Date: August 29, 2025
- SIP Authentication Deadline: August 22, 2025 by 3:00 PM
Impact Assessment
Minimal market impact as this is a routine mutual fund product launch. The arbitrage fund category typically has low volatility and provides diversification options for investors. No direct impact on equity markets or individual stock prices expected.
Impact Justification
Routine mutual fund NFO launch with standard operational procedures