Description

MAHINDRA MANULIFE MUTUAL FUND launching MAHINDRA MANULIFE INCOME PLUS ARBITRAGE ACTIVE FOF NFO with SIP facility from November 21 to December 01, 2025 on BSE StAR MF Platform.

Summary

MAHINDRA MANULIFE MUTUAL FUND is launching a New Fund Offer (NFO) for MAHINDRA MANULIFE INCOME PLUS ARBITRAGE ACTIVE FOF with SIP facility on the BSE StAR MF Platform. The NFO period is from November 21, 2025 to December 01, 2025, with tentative allotment date of December 05, 2025. The scheme offers six plan variants covering Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options. All plans are categorized as DEBT schemes.

Key Points

  • NFO period: November 21, 2025 to December 01, 2025
  • Six scheme variants available: Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
  • All schemes categorized as DEBT with unique ISIN codes (INF174V01CR0 through INF174V01CW0)
  • Tentative allotment date: December 05, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with N flag reported to RTA/AMC
  • NFO extended till midnight on December 01, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
  • Cheques and OTM payments acceptable during NFO period
  • Switches accepted during NFO period subject to fund receipt on or before allotment date

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client-initiated funds are received by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on December 05, 2025 for allotment
  • Pending transactions will remain in system till 3:00 PM on last day of funds pay-out to AMC or T+5, whichever is earlier
  • For cheques and OTM payments, clear funds must be received in ICCL account by 6:00 PM on December 05, 2025
  • Switch transactions must have funds received on or before allotment date to be considered for allotment
  • SIP/XSIP registrations require client authentication before 3:00 PM on December 01, 2025

Important Dates

  • November 21, 2025: NFO opening date
  • December 01, 2025: NFO closing date (3:00 PM for SIP/XSIP authentication; midnight for lumpsum purchases)
  • December 05, 2025: Tentative allotment date; clear funds required in ICCL Account by 6:00 PM
  • T+1 day: Deadline for client fund initiation (9:00 AM) to avoid cancellation
  • T+5 or last pay-out day: Whichever earlier, pending transaction deadline (3:00 PM)

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund NFO launch that expands investment options for debt-oriented investors seeking arbitrage opportunities through fund-of-funds structure.

Operational Impact: Low to medium for BSE StAR MF platform members who will need to process NFO transactions according to specified timelines and fund settlement requirements. The extended trading hours till midnight for lumpsum purchases on the last day provides operational flexibility.

Investor Impact: Provides new investment opportunity in debt-arbitrage category through Mahindra Manulife Mutual Fund with both regular and direct plan options across different IDCW and growth variants.

Impact Justification

Routine NFO launch notification for mutual fund scheme with standard operational guidelines; affects only mutual fund trading members and investors interested in this specific scheme.