Description

TATA MUTUAL FUND launches TATA BSE MULTICAP CONSUMPTION 50:30:20 INDEX FUND NFO with SIP facility on BSE StAR MF Platform from December 09-23, 2025.

Summary

TATA MUTUAL FUND is launching TATA BSE MULTICAP CONSUMPTION 50:30:20 INDEX FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform. The NFO period runs from December 09, 2025 to December 23, 2025, with tentative allotment on December 29, 2025. The scheme includes 6 plan options covering Regular and Direct plans with Growth and IDCW (Income Distribution cum Capital Withdrawal) variants.

Key Points

  • NFO offers 6 plan variants: Regular Plan (Growth, IDCW Reinvestment, IDCW Payout) and Direct Plan (Growth, IDCW Reinvestment, IDCW Payout)
  • All plans have EQUITY category with unique ISINs ranging from INF277KA1EM5 to INF277KA1ER4
  • Tentative allotment date: December 29, 2025
  • Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
  • Clear funds must be available in ICCL Account by 6:00 PM on December 26, 2025
  • Extended trading till midnight on December 23, 2025 for lumpsum purchases only
  • Cheques and OTM payments acceptable during NFO period subject to clear funds by December 26, 2025
  • Switches accepted during NFO period with specific cut-off dates based on fund type

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Pending transactions remain in system until 3:00 PM on last day of funds pay-out to AMC or T+5 (whichever is earlier)
  • Clear funds must be in ICCL Account by 6:00 PM on December 26, 2025 for unit allotment
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (December 23, 2025)
  • Switch transactions must follow specified matrix with different cut-off dates

Important Dates

  • NFO Start Date: December 09, 2025
  • NFO End Date: December 23, 2025 (3:00 PM for SIP/XSIP; midnight for lumpsum)
  • Switch Cut-off (Equity/Debt/Liquid/Overnight): December 23, 2025 (up to 3:00 PM)
  • Switch Cut-off (FOF): December 22, 2025 (up to 3:00 PM)
  • Clear Funds Deadline: December 26, 2025 (6:00 PM)
  • Tentative Allotment Date: December 29, 2025

Impact Assessment

Market Impact: Minimal. This is a routine NFO launch for a new index fund scheme tracking BSE Multicap Consumption 50:30:20 Index.

Operational Impact: Low to medium for BSE StAR MF platform members and distributors who need to configure systems for the new scheme ISINs and ensure compliance with fund collection timelines.

Investor Impact: Provides investment opportunity in consumption-focused multicap index fund for investors seeking exposure to this thematic segment. The 50:30:20 allocation follows SEBI’s multicap fund mandate (large:mid:small cap allocation).

Impact Justification

Routine NFO launch announcement for mutual fund scheme. Impact limited to mutual fund distributors and investors interested in this specific product.