Description

QUANT MUTUAL FUND launches QSIF EQUITY EX-TOP 100 LONG-SHORT FUND (SIF) NFO on BSE StAR MF Platform from October 24 to November 7, 2025, with tentative allotment on November 12, 2025.

Summary

QUANT MUTUAL FUND will launch a New Fund Offer (NFO) for QSIF EQUITY EX-TOP 100 LONG-SHORT FUND, a Specialized Investment Fund (SIF), on the BSE StAR MF Platform. The NFO period runs from October 24, 2025, to November 7, 2025, with a tentative allotment date of November 12, 2025. The fund offers six plan variants across Regular and Direct plans with IDCW Payout, IDCW Reinvestment, and Growth options.

Key Points

  • NFO period: October 24, 2025 to November 7, 2025
  • Six scheme variants offered: Regular Plan (IDCW Payout, IDCW Reinvestment, Growth) and Direct Plan (IDCW Payout, IDCW Reinvestment, Growth)
  • All schemes categorized under Equity with unique ISINs assigned
  • Tentative allotment date: November 12, 2025
  • Extended trading available until midnight on November 7, 2025 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on November 12, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by the deadline

Regulatory Changes

No regulatory changes announced. This is a standard NFO launch within existing BSE StAR MF Platform framework.

Compliance Requirements

  • Members must ensure client-initiated fund payments by 9:00 AM on T+1 day to avoid transaction cancellation
  • Cancelled transactions will be reported to RTA/AMC with CC and N flag
  • Clear funds must be available in ICCL Account by 6:00 PM on November 12, 2025 for allotment
  • Pending transactions remain in system until 3:00 PM on last day of NFO funds payout or T+5, whichever is earlier

Important Dates

  • October 24, 2025: NFO opening date
  • November 7, 2025: NFO closing date (extended until midnight for lumpsum purchases)
  • November 12, 2025: Tentative allotment date; clear funds deadline at 6:00 PM in ICCL Account
  • T+1 day: Client must initiate funds by 9:00 AM to avoid cancellation
  • T+5 or last NFO payout day: Pending transaction deadline at 3:00 PM

Impact Assessment

Market Impact: Low - This is a routine NFO launch that expands investment options but does not affect existing market operations or trading mechanisms.

Operational Impact: Low to Medium for BSE StAR MF Platform members - Requires standard NFO processing procedures including transaction monitoring, fund collection, and timely settlement to meet the November 12 allotment deadline.

Investor Impact: Provides new investment opportunity in a long-short equity strategy focusing on stocks outside the top 100, offering portfolio diversification for investors seeking specialized investment vehicles.

Impact Justification

Routine NFO launch announcement for a specialized mutual fund scheme with standard procedures and timelines. Limited market-wide impact as it pertains to a new fund offering rather than regulatory changes or trading restrictions.