Description

BSE notifies the merger of six plans of TATA CRISIL-IBX GILT INDEX-APRIL 2026 INDEX FUND into corresponding plans of TATA SHORT TERM BOND FUND on the StAR MF platform.

Summary

BSE has announced the merger of TATA CRISIL-IBX GILT INDEX-APRIL 2026 INDEX FUND (transferor scheme) into TATA SHORT TERM BOND FUND (transferee scheme) on the BSE StAR MF platform. The merger involves six different plan variants covering both Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. Each transferor ISIN will be mapped to a corresponding transferee ISIN.

Key Points

  • Six plan variants of TATA CRISIL-IBX GILT INDEX-APRIL 2026 INDEX FUND are being merged
  • All variants will merge into corresponding plans of TATA SHORT TERM BOND FUND
  • Both Regular Plan and Direct Plan variants are affected
  • Growth, IDCW Payout, and IDCW Reinvestment options are included
  • Each scheme has specific ISIN mapping for the transfer

Regulatory Changes

No new regulatory changes introduced. This is a scheme merger notification as per existing mutual fund merger regulations.

Compliance Requirements

  • BSE StAR MF platform participants must update their systems to reflect the new ISIN mappings
  • Investors’ holdings in transferor ISINs will be automatically transferred to transferee ISINs
  • Fund administrators and registrars must ensure seamless transition of investor records

Important Dates

Circular Date: January 14, 2026 Specific merger effective date not mentioned in the circular.

Impact Assessment

Investor Impact: Investors holding units in TATA CRISIL-IBX GILT INDEX-APRIL 2026 INDEX FUND will see their investments automatically transferred to TATA SHORT TERM BOND FUND. The investment strategy and risk profile will change from a gilt index fund to a short-term bond fund.

Operational Impact: Market intermediaries and platforms need to update ISIN references and ensure proper tracking of the merged schemes.

ISIN Mappings:

  • Regular Plan IDCW Reinvestment: INF277KA1596 → INF277K01P20
  • Regular Plan IDCW Payout: INF277KA1604 → INF277K01P12
  • Regular Plan Growth: INF277KA1588 → INF277K01972
  • Direct Plan IDCW Reinvestment: INF277KA1562 → INF277K01P46
  • Direct Plan IDCW Payout: INF277KA1570 → INF277K01P38
  • Direct Plan Growth: INF277KA1554 → INF277K01QR4

Impact Justification

Affects investors holding units in TATA CRISIL-IBX GILT INDEX-APRIL 2026 INDEX FUND as their investments will be transferred to TATA SHORT TERM BOND FUND with new ISINs