Description
PPFAS Mutual Fund launches Parag Parikh Large Cap Fund NFO from January 19-30, 2026, with six plan options on BSE StAR MF Platform.
Summary
PPFAS Mutual Fund will launch the Parag Parikh Large Cap Fund as a New Fund Offer (NFO) on the BSE StAR MF Platform from January 19, 2026, to January 30, 2026. The NFO includes six plan variants covering Regular and Direct plans with Growth, IDCW Reinvestment, and IDCW Payout options. The tentative allotment date is February 4, 2026.
Key Points
- NFO period: January 19-30, 2026
- Six scheme variants available: Regular Plan (Growth, IDCW Reinvestment, IDCW Payout) and Direct Plan (Growth, IDCW Reinvestment, IDCW Payout)
- All schemes categorized as Equity with unique ISINs assigned
- Tentative allotment date: February 4, 2026
- Extended trading until midnight on January 30, 2026, for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Switches accepted during NFO period subject to fund receipt before allotment date
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
Scheme Details
| Sr. No. | Scheme Name | ISIN | Plan Type |
|---|---|---|---|
| 1 | Parag Parikh Large Cap Fund - Regular Plan - Growth | INF879O01365 | Regular/Growth |
| 2 | Parag Parikh Large Cap Fund - Regular Plan - IDCW Reinvestment | INF879O01381 | Regular/IDCW |
| 3 | Parag Parikh Large Cap Fund - Regular Plan - IDCW Payout | INF879O01373 | Regular/IDCW |
| 4 | Parag Parikh Large Cap Fund - Direct Plan - Growth | INF879O01332 | Direct/Growth |
| 5 | Parag Parikh Large Cap Fund - Direct Plan - IDCW Reinvestment | INF879O01357 | Direct/IDCW |
| 6 | Parag Parikh Large Cap Fund - Direct Plan - IDCW Payout | INF879O01340 | Direct/IDCW |
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 3, 2026
- Cheques and OTM payments acceptable during NFO period only if clear funds received in ICCL account by 6:00 PM on February 3, 2026
- Cancelled transactions (where clients haven’t initiated funds) will be reported to RTA/AMC with CC and N flag
- Pending transactions remain in system until 3:00 PM on last day of fund payout or T+5, whichever is earlier
- SIP/XSIP registration authentication must be completed before 3:00 PM on January 30, 2026
Important Dates
- NFO Start Date: January 19, 2026
- NFO End Date: January 30, 2026 (extended till midnight for lumpsum purchases)
- SIP/XSIP Authentication Deadline: 3:00 PM on January 30, 2026
- Clear Funds Deadline: 6:00 PM on February 3, 2026
- Tentative Allotment Date: February 4, 2026
Impact Assessment
This circular has minimal market impact as it pertains to the routine launch of a new mutual fund offering on the BSE StAR MF Platform. It provides operational guidelines for BSE members facilitating client investments in the Parag Parikh Large Cap Fund NFO. The circular primarily affects mutual fund distributors and investors interested in this specific NFO, with no broader market or regulatory implications.
Impact Justification
Routine NFO launch notification for mutual fund platform members with standard operational procedures