Description
Sundaram Mutual Fund launches SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF - NFO with SIP facility from January 05-08, 2026 on BSE StAR MF Platform with tentative allotment on January 12, 2026.
Summary
Sundaram Mutual Fund is launching SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF as a New Fund Offering (NFO) with Systematic Investment Plan (SIP) facility on the BSE StAR MF Platform. The NFO period runs from January 05, 2026 to January 08, 2026, with a tentative allotment date of January 12, 2026. The scheme offers six plan variants across Regular and Direct plans with Growth and IDCW (Income Distribution cum Capital Withdrawal) options.
Key Points
- NFO Period: January 05-08, 2026
- Scheme Category: Equity (Arbitrage Fund of Funds)
- Tentative Allotment Date: January 12, 2026
- Six plan variants available: Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options
- Extended trading till midnight on January 08, 2026 for lumpsum purchases only
- SIP/XSIP registrations must be completed by 3:00 PM on NFO closure date
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Clear funds must be available in ICCL Account by 6:00 PM on January 12, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
- Cancelled transactions will be reported to RTA/AMC with CC and N flag
- Pending transactions will remain in system until 3:00 PM on last day of fund payout to AMC or T+5, whichever is earlier
- Clear funds must be available in ICCL Account by 6:00 PM on January 12, 2026 for unit allotment
- Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by deadline
- Switch transactions require funds receipt on or before allotment date; late receipts will not be considered for allotment
Important Dates
- January 05, 2026: NFO opening date
- January 08, 2026: NFO closing date (3:00 PM for SIP/XSIP registrations; midnight for lumpsum purchases)
- January 12, 2026: Tentative allotment date; clear funds deadline at 6:00 PM in ICCL Account
- T+1 Day: Client fund initiation deadline at 9:00 AM
Impact Assessment
Market Impact: Minimal. This is a routine mutual fund NFO launch with no impact on equity markets or trading operations.
Operational Impact: Limited to BSE StAR MF Platform members and participants dealing with Sundaram Mutual Fund products. Standard NFO procedures apply with specific timelines for fund settlement and allotment.
Investor Impact: Provides new investment opportunity in arbitrage fund-of-funds category for investors seeking to participate through BSE platform with both lumpsum and SIP options.
Scheme Details
| Sr. No. | Scheme Name | Plan Type | Option | ISIN |
|---|---|---|---|---|
| 1 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Regular | Growth | INF903JA1MC4 |
| 2 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Regular | IDCW Reinvestment | INF903JA1ME0 |
| 3 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Regular | IDCW Payout | INF903JA1MD2 |
| 4 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Direct | Growth | INF903JA1LZ7 |
| 5 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Direct | IDCW Reinvestment | INF903JA1MB6 |
| 6 | SUNDARAM INCOME PLUS ARBITRAGE ACTIVE FOF | Direct | IDCW Payout | INF903JA1MA8 |
Impact Justification
Routine NFO launch announcement for mutual fund platform with standard operational procedures and limited market-wide impact