Description
BSE announces the activation of auto switch facility for SAMCO Small Cap Fund NFO, enabling automatic switching from Overnight and Arbitrage funds to the main Small Cap Fund across direct and regular plans.
Summary
BSE has activated the auto switch facility for SAMCO SMALL CAP FUND - NFO on the BSE StAR MF platform. This facility allows investors who subscribed to the NFO through designated auto-switch schemes to have their investments automatically switched from interim parking funds (SAMCO Overnight Fund or SAMCO Arbitrage Fund) to the main SAMCO Small Cap Fund upon activation. The circular provides mapping details for four auto-switch subscription schemes to their corresponding switch-in transaction reporting schemes.
Key Points
- Auto switch facility activated for SAMCO SMALL CAP FUND - NFO on BSE StAR MF platform
- Four auto-switch subscription schemes mapped to corresponding reporting schemes
- Covers both Direct and Regular plans
- Interim parking in SAMCO Overnight Fund and SAMCO Arbitrage Fund
- Final destination is SAMCO Small Cap Fund in Growth option across all plan types
Regulatory Changes
No regulatory changes announced. This is an operational update regarding platform functionality.
Compliance Requirements
No specific compliance requirements for market participants. This is an informational circular regarding the activation of an auto-switch facility for mutual fund investors who opted for this feature during the NFO subscription period.
Important Dates
- Circular Date: November 13, 2025
- No other specific dates mentioned
Auto Switch Scheme Mapping
| Subscription Received Scheme | Switch In Transaction Reporting Scheme |
|---|---|
| SAMCO SMALL CAP FUND - NFO AUTO SWITCH - SAMCO OVERNIGHT FUND-DIRECT GROWTH | SAMCO SMALL CAP FUND - DIRECT GROWTH |
| SAMCO SMALL CAP FUND - NFO AUTO SWITCH - SAMCO OVERNIGHT FUND-REGULAR GROWTH | SAMCO SMALL CAP FUND - REGULAR GROWTH |
| SAMCO SMALL CAP FUND - NFO AUTO SWITCH - SAMCO ARBITRAGE FUND - DIRECT PLAN - GROWTH | SAMCO SMALL CAP FUND - DIRECT PLAN - GROWTH |
| SAMCO SMALL CAP FUND - NFO AUTO SWITCH - SAMCO ARBITRAGE FUND - REGULAR PLAN - GROWTH | SAMCO SMALL CAP FUND - REGULAR PLAN - GROWTH |
Impact Assessment
This circular has minimal market-wide impact as it relates specifically to operational procedures for SAMCO Mutual Fund’s Small Cap Fund NFO investors who opted for the auto-switch facility. The activation allows seamless transition of investments from interim parking funds to the main scheme, providing operational convenience to investors. This is a standard procedure for NFO processing on the BSE StAR MF platform and does not affect broader market operations or other market participants.
Impact Justification
Routine operational circular for mutual fund platform functionality enabling auto-switch facility for a specific NFO; impacts only investors in SAMCO Small Cap Fund NFO with limited market-wide significance.