Launch of NFO with SIP facility of MAHINDRA MANULIFE Mutual Fund on BSE StAR MF Platform

Description

Mahindra Manulife Mutual Fund launches Income Plus Arbitrage Active FOF NFO with SIP facility on BSE StAR MF Platform from November 21 to December 01, 2025.

Summary

Mahindra Manulife Mutual Fund is launching the MAHINDRA MANULIFE INCOME PLUS ARBITRAGE ACTIVE FOF as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from November 21, 2025, to December 01, 2025, offering six plan variants across Regular and Direct plans with Growth and IDCW (Income Distribution cum Capital Withdrawal) options. The tentative allotment date is December 05, 2025.

Key Points

• NFO period: November 21, 2025, to December 01, 2025
• Six scheme variants available: Regular Plan (Growth, IDCW Reinvestment, IDCW Payout) and Direct Plan (Growth, IDCW Reinvestment, IDCW Payout)
• All schemes categorized as DEBT with unique ISINs assigned
• Tentative allotment date: December 05, 2025
• Clear funds must be available in ICCL Account by 6:00 PM on December 05, 2025
• 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
• Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
• Cheques and OTM payments acceptable subject to clear funds receipt by allotment date
• Switch transactions accepted during NFO period subject to funds receipt on or before allotment date

Regulatory Changes

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

Compliance Requirements

• Members must ensure client fund initiation 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
• Clear funds must be available in ICCL Account by 6:00 PM on December 05, 2025, for successful allotment
• SIP/XSIP registration authentication must be completed before 3:00 PM on December 01, 2025 (NFO closure date)
• For switch transactions, funds must be received under NFO scheme on or before allotment date (December 05, 2025)
• Pending transactions will remain in system until 3:00 PM on the last day of funds pay-out to AMC or T+5, whichever is earlier

Important Dates

• November 21, 2025: NFO opening date
• December 01, 2025: NFO closure date (3:00 PM for SIP authentication; extended till midnight for lumpsum)
• December 05, 2025: Tentative allotment date; clear funds deadline in ICCL Account by 6:00 PM
• T+1 day, 9:00 AM: Deadline for client fund initiation to avoid cancellation
• T+5 or last pay-out day, 3:00 PM: Pending transaction cutoff time

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund NFO launch with no broader market implications.

Operational Impact: Low to Medium for BSE StAR MF Platform members and distributors who will facilitate subscriptions. Members need to manage fund collection timelines and ensure compliance with the specified payment and authentication deadlines.

Investor Impact: Provides investment opportunity in a debt-oriented Fund of Funds with arbitrage strategy for investors seeking this specific investment profile. Six plan variants offer flexibility for different investor preferences (direct vs regular, growth vs income distribution).

Scheme Details

Impact Justification

Routine NFO launch announcement for mutual fund scheme with limited market-wide impact, relevant primarily to mutual fund distributors and investors interested in this specific scheme