Description
BSE announces the activation of auto switch facility for SAMCO MID CAP FUND NFO with options to switch to SAMCO Overnight Fund and SAMCO Arbitrage Fund in both direct and regular plans.
Summary
BSE has activated the auto switch facility for SAMCO MID CAP FUND - NFO on the BSE StAR MF platform. Investors can now utilize automatic switching options between the SAMCO Mid Cap Fund NFO and two destination schemes: SAMCO Overnight Fund and SAMCO Arbitrage Fund, available in both direct and regular growth plans.
Key Points
- Four auto switch schemes are now available for subscription
- Auto switch facility enables automated movement between SAMCO Mid Cap Fund NFO and other SAMCO schemes
- Available destination schemes: SAMCO Overnight Fund (Direct Growth and Regular Growth) and SAMCO Arbitrage Fund (Direct Plan Growth and Regular Plan Growth)
- Facility operational on BSE StAR MF platform
Regulatory Changes
No regulatory changes. This is an operational activation of an existing facility.
Compliance Requirements
No specific compliance requirements for market participants. This is a product feature activation for mutual fund investors.
Important Dates
- Activation Date: January 20, 2026
Impact Assessment
Minimal market impact. This is a routine product feature activation specific to SAMCO Mutual Fund’s NFO subscribers. The auto switch facility provides investors with automated portfolio rebalancing options but does not affect broader market operations or other participants.
Impact Justification
Routine operational announcement for mutual fund auto-switch facility activation. Limited to specific NFO subscribers with no broader market impact.