Description

ITI Mutual Fund launches DIVINITI EQUITY LONG SHORT FUND NFO with SIP facility from November 10-24, 2025, with tentative allotment on December 01, 2025.

Summary

BSE announces the launch of New Fund Offer (NFO) for ITI Mutual Fund’s DIVINITI EQUITY LONG SHORT FUND, a Specialized Investment Fund (SIF), on the BSE StAR MF Platform. The NFO will be available with SIP facility from November 10, 2025, to November 24, 2025, with a tentative allotment date of December 01, 2025. Six plan variants are being offered including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.

Key Points

  • NFO Period: November 10, 2025, to November 24, 2025
  • Tentative Allotment Date: December 01, 2025
  • Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • SIP facility available during NFO period
  • Extended trading till midnight on November 24, 2025, for lumpsum purchases only
  • Clear funds must be available in ICCL Account by 6:00 PM on November 28, 2025
  • Cheques and OTM payments acceptable subject to clear funds receipt by November 28, 2025
  • ISIN codes assigned: INF00XX30019, INF00XX30027, INF00XX30035, INF00XX30043, INF00XX30050, INF00XX30068

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch under existing Specialized Investment Fund framework.

Compliance Requirements

  • Members must ensure transactions for which clients have not initiated funds till 9:00 AM on T+1 day (including extended NFO period transactions) will be cancelled and CC with N flag will be reported to RTA/AMC
  • Transactions with initiated client payments will remain pending till 3:00 PM on the last day of fund payout to AMC or T+5, whichever is earlier
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (November 24, 2025)
  • Members must ensure clear funds availability in ICCL Account by 6:00 PM on November 28, 2025, for unit allotment

Important Dates

  • November 10, 2025: NFO opening date
  • November 24, 2025: NFO closing date (3:00 PM for regular transactions, midnight for lumpsum purchases)
  • November 24, 2025 by 3:00 PM: Deadline for SIP/XSIP registration authentication
  • November 28, 2025 by 6:00 PM: Deadline for clear funds in ICCL Account
  • December 01, 2025: Tentative allotment date

Impact Assessment

Low market impact. This is a routine NFO launch for a specialized investment fund scheme that provides investors with an additional investment option in the equity long-short category. The launch follows standard BSE StAR MF Platform procedures and does not affect existing market operations or trading mechanisms. Impact is limited to ITI Mutual Fund distributors and investors interested in specialized investment funds with long-short equity strategies.

Impact Justification

Routine NFO launch announcement for a specialized mutual fund scheme with standard operational procedures and timelines