Description
ABAKKUS MUTUAL FUND has been activated on BSE StAR MF Platform effective December 04, 2025, with two NFO schemes to be activated from December 08, 2025.
Summary
ABAKKUS MUTUAL FUND has been activated on BSE StAR MF Platform effective December 04, 2025. The platform will accept transactions from NRI and Minor clients under ABAKKUS Mutual Fund schemes. Two New Fund Offer (NFO) schemes - ABAKKUS FLEXI CAP FUND and ABAKKUS LIQUID FUND - will be activated for order routing from December 08, 2025. Investment restrictions apply for investors from Democratic Republic of Korea, Iran, and Myanmar.
Key Points
- ABAKKUS MUTUAL FUND activated on BSE StAR MF Platform from December 04, 2025
- NRI and Minor client transactions permitted through the platform
- Investment not allowed from three countries: Democratic Republic of Korea, Iran, and Myanmar
- Two NFO schemes to be activated: ABAKKUS FLEXI CAP FUND and ABAKKUS LIQUID FUND
- NFO schemes activation date: December 08, 2025
Regulatory Changes
No regulatory changes. This is a standard platform activation notice for a new mutual fund joining the BSE StAR MF Platform.
Compliance Requirements
- Members must comply with country-specific investment restrictions
- NRI applications from Democratic Republic of Korea, Iran, and Myanmar must be rejected
- Members should ensure proper documentation for NRI and Minor client transactions
Important Dates
- December 04, 2025: ABAKKUS MUTUAL FUND platform activation effective date
- December 08, 2025: NFO schemes (ABAKKUS FLEXI CAP FUND and ABAKKUS LIQUID FUND) order routing activation date
Impact Assessment
Market Impact: Minimal. This is a routine platform activation that expands the mutual fund offerings available on BSE StAR MF Platform.
Operational Impact: Low. Members need to update their systems to accommodate the new fund house and ensure compliance with the country-specific investment restrictions for NRI clients.
Investor Impact: Positive for investors seeking new mutual fund options, particularly with the introduction of flexi cap and liquid fund schemes. NRI investors from most countries will have access to these schemes.
Impact Justification
Routine platform activation for a new mutual fund with limited immediate market impact, primarily informational for market participants