Description

BSE announces the activation of auto switch facility for SAMCO Mid Cap Fund NFO, enabling automated switching to SAMCO Overnight Fund and SAMCO Arbitrage Fund variants.

Summary

BSE has activated the auto switch facility for SAMCO Mid Cap Fund New Fund Offer (NFO) on the BSE StAR MF platform. This facility allows investors to automatically switch from the SAMCO Mid Cap Fund NFO to either SAMCO Overnight Fund or SAMCO Arbitrage Fund across direct and regular growth plan variants.

Key Points

  • Four new auto switch schemes are now available for subscription on BSE StAR MF platform
  • Auto switch facility connects SAMCO Mid Cap Fund NFO with SAMCO Overnight Fund (Direct Growth and Regular Growth)
  • Auto switch facility also connects SAMCO Mid Cap Fund NFO with SAMCO Arbitrage Fund (Direct Plan Growth and Regular Plan Growth)
  • Facility is operational on BSE StAR MF platform effective from the circular date

Schemes Available

The following auto switch combinations are now active:

  1. SAMCO MID CAP FUND - NFO AUTO SWITCH - SAMCO OVERNIGHT FUND-DIRECT GROWTH
  2. SAMCO MID CAP FUND - NFO AUTO SWITCH - SAMCO OVERNIGHT FUND-REGULAR GROWTH
  3. SAMCO MID CAP FUND - NFO AUTO SWITCH - SAMCO ARBITRAGE FUND - DIRECT PLAN - GROWTH
  4. SAMCO MID CAP FUND - NFO AUTO SWITCH - SAMCO ARBITRAGE FUND - REGULAR PLAN - GROWTH

Regulatory Changes

No regulatory changes. This is an operational activation notification.

Compliance Requirements

No specific compliance requirements. This is a facility activation for mutual fund investors who wish to use the auto switch feature on the BSE StAR MF platform.

Important Dates

  • Effective Date: January 20, 2026 (activation of auto switch facility)

Impact Assessment

This circular has minimal market impact as it pertains to operational facility activation for a specific mutual fund house (SAMCO) on the BSE StAR MF platform. The auto switch facility provides convenience to investors in the SAMCO Mid Cap Fund NFO by allowing automated switching to overnight or arbitrage fund variants. Impact is limited to SAMCO mutual fund investors and does not affect broader market operations or trading activities.

Impact Justification

Operational notification about activation of auto-switch facility for a specific mutual fund NFO. Limited to SAMCO fund investors on BSE StAR MF platform with no broader market impact.