Description

Kotak Mahindra Mutual Fund launches Kotak Dividend Yield Fund NFO with SIP facility on BSE StAR MF Platform from January 05, 2026 to January 19, 2026.

Summary

Kotak Mahindra Mutual Fund will launch the Kotak Dividend Yield Fund NFO with SIP facility on BSE StAR MF Platform from January 05, 2026 to January 19, 2026. The scheme offers 6 plan variants (Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options) with tentative allotment date of January 27, 2026.

Key Points

  • NFO period: January 05, 2026 to January 19, 2026
  • 6 scheme variants available across Regular and Direct plans
  • All schemes categorized as EQUITY with unique ISINs
  • Tentative allotment date: January 27, 2026
  • Extended trading till midnight on January 19, 2026 for lumpsum purchases only
  • Clear funds must be available in ICCL Account by 6:00 PM on January 23, 2026
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

None. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure transactions have client-initiated funds by 9:00 AM on T+1 day, otherwise transactions will be cancelled and reported to RTA/AMC with N flag
  • Clear funds must be available in ICCL Account by 6:00 PM on January 23, 2026 for allotment
  • Cheques and OTM payments accepted during NFO period subject to receipt of clear funds by the deadline
  • Switch transactions require funds receipt before allotment date; funds received on or after allotment date will not be considered
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on January 19, 2026

Important Dates

  • January 05, 2026: NFO opening date
  • January 19, 2026: NFO closure date (extended till midnight for lumpsum purchases)
  • January 19, 2026 (3:00 PM): Deadline for SIP/XSIP registration authentication
  • January 23, 2026 (6:00 PM): Deadline for clear funds in ICCL Account
  • January 27, 2026: Tentative allotment date

Impact Assessment

Low impact on overall market operations. This is a routine NFO launch on the BSE StAR MF Platform expanding investment options for mutual fund investors. The launch provides investors access to a dividend yield-focused equity fund from Kotak Mahindra Mutual Fund with both regular and direct plan options. Standard operational procedures apply for fund collection and allotment through the platform.

Impact Justification

Routine NFO launch announcement for mutual fund platform with standard procedural details for members