Description
QUANT MUTUAL FUND launches QSIF EQUITY EX-TOP 100 LONG-SHORT FUND (SIF) NFO from October 24, 2025 to November 7, 2025 on BSE StAR MF Platform with six plan options.
Summary
QUANT MUTUAL FUND is launching a New Fund Offer (NFO) for QSIF EQUITY EX-TOP 100 LONG-SHORT FUND (SIF) on the BSE StAR MF Platform. The NFO period runs from October 24, 2025 to November 7, 2025, with six different plan options across Regular and Direct plans with various dividend and growth options. The tentative allotment date is November 12, 2025.
Key Points
- NFO for QSIF EQUITY EX-TOP 100 LONG-SHORT FUND (Specialized Investment Fund - Equity category)
- Six plan options available: Regular Plan (IDCW Payout, IDCW Reinvestment, Growth) and Direct Plan (IDCW Payout, IDCW Reinvestment, Growth)
- Unique ISINs assigned for each plan option
- Extended trading hours available until midnight on November 7, 2025 for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with N flag reported to RTA/AMC
- Cheques and OTM payments accepted during NFO period subject to clear funds receipt
Regulatory Changes
No regulatory changes. This is a standard NFO launch under existing mutual fund regulations.
Compliance Requirements
- Members must ensure clear funds are available in ICCL Account by 6:00 PM on November 12, 2025
- Transactions pending without fund initiation will remain in system until 3:00 PM on the last NFO payout day or T+5, whichever is earlier
- Cancelled transactions (where funds not initiated by 9:00 AM T+1) will be reported to RTA/AMC with CC and N flag
- For cheque and OTM payments, clear funds must be received in ICCL account by 6:00 PM on November 12, 2025 for unit allotment
Important Dates
- October 24, 2025: NFO opening date
- November 7, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- November 12, 2025: Tentative allotment date
- November 12, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
- T+1, 9:00 AM: Deadline for client fund initiation (else transaction cancelled)
- T+5 or last NFO payout day, 3:00 PM: Pending transaction expiry (whichever is earlier)
Impact Assessment
Market Impact: Minimal. This is a routine NFO launch that adds one more investment option for mutual fund investors on the BSE StAR MF platform.
Operational Impact: Low to moderate for BSE members and brokers who will need to process NFO transactions during the specified period and ensure compliance with fund transfer timelines.
Investor Impact: Positive for investors seeking exposure to equity investments outside the top 100 stocks through a long-short strategy via a Specialized Investment Fund structure. The availability of both Regular and Direct plans with multiple payout options provides flexibility.
Impact Justification
Routine NFO launch announcement for mutual fund platform with no direct market impact or regulatory changes. Primarily informational for members interested in mutual fund offerings.