Description

KOTAK MAHINDRA MUTUAL FUND launches KOTAK NIFTY200 VALUE 30 INDEX FUND NFO with SIP facility from January 15 to January 29, 2026 on BSE StAR MF platform.

Summary

KOTAK MAHINDRA MUTUAL FUND is launching KOTAK NIFTY200 VALUE 30 INDEX FUND as a New Fund Offer (NFO) with Systematic Investment Plan (SIP) facility on the BSE StAR MF Platform. The NFO period runs from January 15, 2026, to January 29, 2026, with six scheme variants covering Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options. The tentative allotment date is February 5, 2026.

Key Points

  • Six scheme variants available: Regular Plan and Direct Plan, each with Growth, IDCW Reinvestment, and IDCW Payout options
  • All schemes classified under EQUITY category
  • Unique ISIN codes assigned to each variant
  • NFO extended till midnight on January 29, 2026 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
  • Switches accepted during NFO period subject to receipt of funds before allotment date
  • SIP/XSIP registration authentication must be completed by 3:00 PM on NFO closure date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on February 4, 2026
  • Cheques and OTM payments acceptable during NFO period only if clear funds received by deadline
  • For switch transactions, funds must be received before NFO allotment date (February 5, 2026) for allotment consideration
  • SIP/XSIP registrations require client authentication before 3:00 PM on January 29, 2026
  • Pending transactions without initiated payment remain in system till 3:00 PM on last day of funds payout or T+5, whichever is earlier

Important Dates

  • January 15, 2026: NFO opens with SIP facility
  • January 29, 2026: NFO closes (extended till midnight for lumpsum purchases only)
  • January 29, 2026, 3:00 PM: Deadline for SIP/XSIP registration authentication
  • February 4, 2026, 6:00 PM: Deadline for clear funds in ICCL Account
  • February 5, 2026: Tentative allotment date

Impact Assessment

Market Impact: Low - This is a routine mutual fund NFO launch with no broader market implications.

Operational Impact: Low to Medium for BSE StAR MF platform members who need to process NFO transactions according to specified timelines and fund settlement requirements.

Investor Impact: Provides new investment option for retail and institutional investors seeking exposure to Nifty200 Value 30 Index through a passive index fund strategy with both regular and direct plan options.

Impact Justification

Routine NFO launch announcement for mutual fund scheme with standard operational details for BSE StAR MF platform members