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 scheme will be available in both Regular Plan - Growth and Direct Plan - 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 will be extended till midnight on February 04, 2026 for lumpsum purchases only.

Key Points

  • Two scheme options 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
  • Clear funds must be in ICCL Account by 6:00 PM on February 10, 2026
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Pending transactions remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
  • Cheques and OTM payments acceptable subject to clear funds receipt by allotment date
  • Monthly SIP investment range: Rs. 250 to Rs. 999 requires 12 minimum installments; Rs. 1,000 to any amount requires 6 minimum installments
  • Switches accepted during NFO period only if funds received before allotment date
  • Extended trading 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 announcement.

Compliance Requirements

  • Members must ensure client-initiated fund payments by 9:00 AM on T+1 to avoid transaction cancellation
  • CC with N flag will be reported to RTA/AMC for cancelled transactions
  • Members must adhere to minimum SIP installment requirements: 12 installments for Rs. 250-999 monthly SIPs and 6 installments for Rs. 1,000+ monthly SIPs
  • Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026
  • SIP/XSIP client authentication must be completed before 3:00 PM on February 04, 2026

Important Dates

  • January 21, 2026: NFO opening date
  • February 04, 2026: NFO closing date (3:00 PM for SIP/XSIP authentication; midnight for lumpsum purchases)
  • February 10, 2026: Tentative allotment date; clear funds deadline at 6:00 PM
  • T+1 at 9:00 AM: Deadline for client fund initiation to avoid cancellation
  • T+5 or last payout day at 3:00 PM: Pending transaction system retention deadline

Impact Assessment

This circular has minimal market impact as it is a routine NFO launch for a mid-cap mutual fund scheme. The impact is limited to BSE StAR MF Platform members and investors interested in mid-cap equity funds. The specific SIP requirements and payment timelines are operational guidelines that members must follow to ensure smooth processing of NFO subscriptions. The extended trading window for lumpsum purchases provides additional flexibility for investors.

Impact Justification

Routine NFO launch for mutual fund scheme with standard operational procedures affecting only participating members and investors