Description

KOTAK MAHINDRA MUTUAL FUND launches KOTAK NIFTY500 MOMENTUM 50 INDEX FUND NFO with SIP facility from November 20, 2025, to December 04, 2025, on BSE StAR MF Platform.

Summary

KOTAK MAHINDRA MUTUAL FUND is launching KOTAK NIFTY500 MOMENTUM 50 INDEX FUND as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from November 20, 2025, to December 04, 2025, with six plan variants available (Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options). The tentative allotment date is December 11, 2025.

Key Points

  • NFO period: November 20, 2025, to December 04, 2025
  • Six scheme variants available: Regular Plan and Direct Plan, each with Growth, IDCW Reinvestment, and IDCW Payout options
  • All schemes categorized as EQUITY with unique ISINs assigned
  • Tentative allotment date: December 11, 2025
  • NFO extended till midnight on December 04, 2025, for lumpsum purchases only
  • Transactions without fund initiation by 9:00 AM on T+1 day will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on December 10, 2025
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes announced. This is a routine NFO launch notification.

Compliance Requirements

  • Members must ensure client-initiated funds 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
  • Pending transactions will remain in system until 3:00 PM on the last day of fund payout or T+5, whichever is earlier
  • Clear funds must be credited to ICCL Account by 6:00 PM on December 10, 2025, for allotment
  • Cheques and OTM payments accepted only if clear funds received by deadline
  • Switch transactions must have funds received before allotment date to be considered for NFO allotment

Important Dates

  • November 20, 2025: NFO opens
  • December 04, 2025: NFO closes at 3:00 PM (extended till midnight for lumpsum purchases only)
  • December 04, 2025, 3:00 PM: Deadline for SIP/XSIP registration authentication
  • December 10, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
  • December 11, 2025: Tentative allotment date

Impact Assessment

This is a standard mutual fund NFO launch with limited market impact. The announcement provides operational guidelines for BSE StAR MF Platform members to facilitate client investments in the new index fund. The scheme offers exposure to the NIFTY500 Momentum 50 Index through both regular and direct plan options. Impact is limited to mutual fund distributors and investors interested in momentum-based index investing strategies. No impact on equity markets or listed securities.

Impact Justification

Routine NFO launch announcement for mutual fund product on BSE platform with standard operational procedures and timelines.