Description

SAMCO MUTUAL FUND launches SAMCO MID CAP FUND NFO from January 21 to February 04, 2026, with specific SIP requirements and fund settlement guidelines.

Summary

SAMCO MUTUAL FUND will launch 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 scheme offers both Regular and Direct plan options with growth variants. Members must ensure clear funds are available in ICCL Account by 6:00 PM on the tentative allotment date of February 10, 2026.

Key Points

  • Two scheme variants available: 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
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Pending transactions remain in system till 3:00 PM on last day of NFO or T+5, whichever is earlier
  • Monthly SIP requires minimum 12 installments for Rs. 250-999 range, 6 installments for Rs. 1,000+ range
  • NFO extends till midnight on February 04, 2026 for lumpsum purchases only
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client fund initiation before 9:00 AM on T+1 day to avoid automatic cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026 for unit allotment
  • Cheques and OTM payments are acceptable only if clear funds received by 6:00 PM on February 10, 2026
  • Members must select minimum installment numbers per SIP frequency requirements to avoid AMC/RTA rejections
  • SIP/XSIP registrations require client authentication before 3:00 PM on February 04, 2026
  • Cancelled transactions reported to RTA/AMC with CC and N flag

Important Dates

  • January 21, 2026: NFO opening date
  • February 04, 2026: NFO closure date (3:00 PM for SIP authentication; midnight for lumpsum extended period)
  • February 10, 2026: Tentative allotment date; clear funds deadline in ICCL Account by 6:00 PM
  • T+1 Day (9:00 AM): Client fund initiation deadline to avoid cancellation
  • T+5 or NFO last day (3:00 PM): Pending transaction system retention deadline

Impact Assessment

This circular has limited market impact as it pertains specifically to BSE StAR MF Platform members facilitating mutual fund transactions. The NFO provides investors access to a new mid-cap equity fund with flexible SIP options. The detailed operational guidelines ensure proper fund settlement and minimize transaction failures. Switches are permitted during NFO period subject to fund receipt before allotment date. No impact on equity markets or listed securities.

Impact Justification

Routine NFO launch notification affecting only mutual fund platform members; no regulatory changes or market-wide impact