Description
KOTAK MAHINDRA MUTUAL FUND launches KOTAK RURAL OPPORTUNITIES FUND NFO with SIP facility on BSE StAR MF Platform from November 06, 2025 to November 20, 2025.
Summary
KOTAK MAHINDRA MUTUAL FUND is launching KOTAK RURAL OPPORTUNITIES FUND as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from November 06, 2025 to November 20, 2025, with a tentative allotment date of November 27, 2025. The scheme offers six plan variants across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. All schemes are categorized under Equity and have designated ISIN codes for trading.
Key Points
- NFO period: November 06, 2025 to November 20, 2025
- Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
- All schemes categorized as Equity funds
- Tentative allotment date: November 27, 2025
- NFO extended till midnight on November 20, 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 26, 2025
- Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
- SIP/XSIP registrations require client authentication before 3:00 PM on NFO closure date
- Switches accepted during NFO period subject to fund receipt before allotment date
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Members must ensure transactions have client-initiated funds by 9:00 AM on T+1 day to avoid cancellation
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Clear funds must be available in ICCL Account by 6:00 PM on November 26, 2025 for allotment
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on November 20, 2025
- Pending transactions will remain in system till 3:00 PM on last day of making funds payout to AMC or T+5, whichever is earlier
- Switch transactions require fund receipt before allotment date; funds received on or after allotment date will not be considered
Important Dates
- November 06, 2025: NFO opening date
- November 20, 2025: NFO closure date (3:00 PM for SIP/XSIP authentication; midnight for lumpsum purchases)
- November 26, 2025: Clear funds deadline in ICCL Account (6:00 PM)
- November 27, 2025: Tentative allotment date
- T+1 day: Deadline for client-initiated funds (9:00 AM)
Impact Assessment
Market Impact: Low - This is a routine NFO launch that expands investment options for mutual fund investors interested in rural-themed equity schemes. The launch does not affect existing market operations or trading mechanisms.
Operational Impact: Low to Medium for BSE StAR MF Platform participants - Members need to ensure compliance with specified timelines for fund collection, payment processing, and SIP registration authentication. The circular provides clear operational guidelines for handling NFO transactions, including cancellation procedures and fund settlement requirements.
Investor Impact: Provides new investment opportunity in rural-focused equity segment with multiple plan options to suit different investor preferences (Regular/Direct plans with Growth/IDCW options).
Scheme Details
| Sr. No. | Scheme Name | ISIN |
|---|---|---|
| 1 | KOTAK RURAL OPPORTUNITIES FUND - REGULAR PLAN - GROWTH | INF174KA1XZ1 |
| 2 | KOTAK RURAL OPPORTUNITIES FUND - REGULAR PLAN - IDCW PAYOUT | INF174KA1YA2 |
| 3 | KOTAK RURAL OPPORTUNITIES FUND - REGULAR PLAN - IDCW REINVESTMENT | INF174KA1YB0 |
| 4 | KOTAK RURAL OPPORTUNITIES FUND - DIRECT PLAN - GROWTH | INF174KA1XW8 |
| 5 | KOTAK RURAL OPPORTUNITIES FUND - DIRECT PLAN - IDCW PAYOUT | INF174KA1XX6 |
| 6 | KOTAK RURAL OPPORTUNITIES FUND - DIRECT PLAN - IDCW REINVESTMENT | INF174KA1XY4 |
Impact Justification
Routine NFO launch announcement for mutual fund scheme with operational details for platform participants. No regulatory changes or compliance requirements beyond standard NFO procedures.