Description

TATA MUTUAL FUND launches TITANIUM HYBRID LONG-SHORT FUND (SIF) NFO on BSE StAR MF Platform from November 24 to December 08, 2025, with allotment on December 11, 2025.

Summary

BSE announces the launch of TATA MUTUAL FUND’s New Fund Offer (NFO) for TITANIUM HYBRID LONG-SHORT FUND, a Specialized Investment Fund (SIF), on the BSE StAR MF Platform. The NFO period runs from November 24, 2025, to December 08, 2025, with allotment scheduled for December 11, 2025. Six scheme variants are available covering Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.

Key Points

  • NFO period: November 24, 2025, to December 08, 2025
  • Six scheme variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
  • Tentative allotment date: December 11, 2025
  • Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Pending transactions with initiated payments remain in system until 3:00 PM on last payout day or T+5, whichever is earlier
  • Cheques and OTM payments acceptable subject to clear funds by 6:00 PM on December 11, 2025
  • NFO extended till midnight on December 08, 2025, for lumpsum purchases

Regulatory Changes

No regulatory changes introduced. This is an operational notice for a new fund offering.

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 11, 2025, for unit allotment
  • Cheques and OTM payments must result in clear funds by the deadline

Important Dates

  • November 24, 2025: NFO opening date
  • December 08, 2025: NFO closing date (extended till midnight for lumpsum purchases)
  • December 11, 2025: Tentative allotment date and deadline for clear funds in ICCL Account (6:00 PM)
  • T+1 day: Deadline for client-initiated funds (9:00 AM)
  • T+5 or last payout day: Deadline for pending transactions with initiated payments (3:00 PM)

Impact Assessment

This circular has minimal market impact as it pertains to a routine mutual fund NFO launch. The primary impact is operational for BSE StAR MF Platform members who distribute TATA MUTUAL FUND schemes. Investors interested in hybrid long-short strategies through Specialized Investment Funds now have a new investment option. The strict timelines for fund settlement ensure orderly processing of NFO applications and allotments.

Impact Justification

Routine NFO launch for mutual fund scheme on BSE platform, primarily relevant to mutual fund distributors and investors, no broader market impact