Description

ABAKKUS MUTUAL FUND launching ABAKKUS LIQUID FUND NFO from December 08-10, 2025, with allotment on December 12, 2025.

Summary

ABAKKUS MUTUAL FUND is launching ABAKKUS LIQUID FUND as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO will be open for subscription from December 08, 2025, to December 10, 2025, with extended hours until 6:00 PM on the last day. The tentative allotment date is December 12, 2025.

Key Points

  • NFO scheme: ABAKKUS LIQUID FUND (Liquid category)
  • NFO period: December 08-10, 2025 (extended till 6:00 PM on December 10)
  • Tentative allotment date: December 12, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Pending transactions will remain in system until 3:00 PM on last NFO payout day or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025
  • Cheques and OTM payments accepted subject to receipt of clear funds by December 11, 2025, 6:00 PM

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client-initiated fund payments are made by 9:00 AM on T+1 day to avoid cancellation
  • Transactions with N flag will be reported to RTA/AMC for cancelled orders without fund initiation
  • Clear funds must be credited to ICCL Account by 6:00 PM on December 11, 2025, for successful allotment
  • Extended trading hours compliance: NFO acceptance until 6:00 PM on December 10, 2025

Important Dates

  • December 08, 2025: NFO opening date
  • December 10, 2025: NFO closing date (extended till 6:00 PM)
  • December 11, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
  • December 12, 2025: Tentative allotment date

Impact Assessment

This circular has minimal market impact as it pertains to a routine mutual fund NFO launch. It affects only BSE StAR MF Platform members and investors interested in subscribing to the ABAKKUS LIQUID FUND. The liquid fund category is typically low-risk and used for short-term cash management. No impact on equity markets or broader trading operations.

Impact Justification

Routine NFO launch announcement for mutual fund platform. Affects only participants interested in new fund subscriptions with no broader market impact.