Description

SAMCO MUTUAL FUND launches SAMCO MID CAP FUND NFO from January 21, 2026 to February 04, 2026 on BSE StAR MF Platform with specific SIP requirements and payment timelines.

Summary

SAMCO MUTUAL FUND is launching SAMCO MID CAP FUND as a New Fund Offer (NFO) on the BSE StAR MF Platform from January 21, 2026 to February 04, 2026. The NFO includes both Regular and Direct plans with Growth options. The tentative allotment date is February 10, 2026. Members must ensure clear funds are available in ICCL Account by 6:00 PM on the allotment date. The NFO includes SIP facility with specific investment amount ranges and minimum installment requirements.

Key Points

  • Two schemes available: SAMCO MID CAP FUND - Regular Plan - Growth (ISIN: INF0K1H01321) and Direct Plan - Growth (ISIN: INF0K1H01313)
  • NFO period: January 21, 2026 to February 04, 2026
  • Tentative allotment date: February 10, 2026
  • Clear funds must be in ICCL Account by 6:00 PM on February 10, 2026
  • SIP facility available with Monthly frequency options
  • Monthly SIP range Rs. 250-999 requires minimum 12 installments; Rs. 1,000+ requires minimum 6 installments
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Cheques and OTM payments acceptable subject to clear funds receipt by deadline
  • NFO extended till midnight on February 04, 2026 for lumpsum purchases only
  • SIP/XSIP authentication must be completed before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes introduced. This is an operational announcement for a new mutual fund offering.

Compliance Requirements

  • Members must ensure client-initiated funds are received by 9:00 AM on T+1 day to avoid cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026 for allotment
  • SIP registrations with Monthly frequency between Rs. 250-999 must have minimum 12 installments; Rs. 1,000+ must have minimum 6 installments
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on February 04, 2026
  • Switches during NFO period require funds receipt on or before allotment date for consideration

Important Dates

  • January 21, 2026: NFO opening date
  • February 04, 2026: NFO closure date (extended till midnight for lumpsum purchases only)
  • February 04, 2026, 3:00 PM: Deadline for SIP/XSIP client authentication
  • February 10, 2026: Tentative allotment date
  • February 10, 2026, 6:00 PM: Deadline for clear funds in ICCL Account
  • T+1 day, 9:00 AM: Deadline for client-initiated fund payments (transactions without funds will be cancelled)

Impact Assessment

This circular has limited market-wide impact as it pertains to the launch of a single mutual fund NFO on the BSE StAR MF Platform. The impact is primarily operational for BSE members who facilitate mutual fund investments for their clients. The announcement provides clear operational guidelines for handling NFO transactions, SIP registrations, and payment timelines. Investors interested in mid-cap equity funds through SAMCO MUTUAL FUND will have access to this new investment option. The circular ensures proper fund settlement procedures and prevents operational issues during the NFO period.

Impact Justification

Routine NFO launch announcement for mutual fund platform with operational details for members; limited market-wide impact