Description
KOTAK MAHINDRA MUTUAL FUND launches KOTAK NIFTY500 MOMENTUM 50 INDEX FUND NFO with SIP facility on BSE StAR MF Platform from November 20, 2025 to December 04, 2025.
Summary
KOTAK MAHINDRA MUTUAL FUND is launching KOTAK NIFTY500 MOMENTUM 50 INDEX FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform. The NFO period runs from November 20, 2025 to December 04, 2025, with six plan variants covering Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options. The tentative allotment date is December 11, 2025.
Key Points
- NFO offering period: November 20, 2025 to December 04, 2025
- Six scheme variants available: Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
- All schemes categorized under EQUITY with unique ISINs allocated
- Tentative allotment date: December 11, 2025
- Extended trading available until midnight on December 04, 2025 for lumpsum purchases only
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Clear funds must be available in ICCL Account by 6:00 PM on December 10, 2025
- Cheques and OTM payments accepted during NFO period subject to clear funds receipt
- Switches accepted during NFO period subject to funds receipt before allotment date
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch notification.
Compliance Requirements
- Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction 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 December 10, 2025
- SIP/XSIP registrations authentication must be completed by clients before 3:00 PM on December 04, 2025
- For switches, funds under switch out scheme must be received before allotment date (December 11, 2025) for consideration
- Pending transactions will remain in system until 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
Important Dates
- November 20, 2025: NFO opening date
- December 04, 2025: NFO closure date (extended until midnight for lumpsum purchases)
- December 04, 2025, 3:00 PM: Deadline for SIP/XSIP registration authentication
- December 10, 2025, 6:00 PM: Deadline for clear funds availability in ICCL Account
- December 11, 2025: Tentative allotment date
Impact Assessment
Market Impact: Low - This is a routine NFO launch that provides investors with a new index fund option tracking the Nifty500 Momentum 50 Index.
Operational Impact: Low to Medium for BSE members - Members need to ensure compliance with payment timelines and inform clients about the various deadlines for fund transfers, SIP registrations, and switch transactions. The multiple cut-off times (9:00 AM for T+1, 3:00 PM for SIP authentication, 6:00 PM for clear funds) require careful operational coordination.
Investor Impact: Positive - Expands investment options with a momentum-based index fund offering both regular and direct plans with multiple payout options, providing flexibility for different investor preferences.
Scheme Details
| Sr. No. | Scheme Name | Scheme Category | ISIN | Allotment Date |
|---|---|---|---|---|
| 1 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - REGULAR PLAN - GROWTH | EQUITY | INF174KA1YF1 | 11-Dec-25 |
| 2 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF174KA1YH7 | 11-Dec-25 |
| 3 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF174KA1YG9 | 11-Dec-25 |
| 4 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - DIRECT PLAN - GROWTH | EQUITY | INF174KA1YC8 | 11-Dec-25 |
| 5 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF174KA1YE4 | 11-Dec-25 |
| 6 | KOTAK NIFTY500 MOMENTUM 50 INDEX FUND - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF174KA1YD6 | 11-Dec-25 |
Impact Justification
Routine NFO launch notification for mutual fund scheme on BSE platform with standard operational details for members