Description

EDELWEISS Mutual Fund launches EDELWEISS FINANCIAL SERVICES FUND - NFO with SIP facility on BSE StAR MF Platform from January 27, 2026 to February 10, 2026.

Summary

EDELWEISS Mutual Fund is launching EDELWEISS FINANCIAL SERVICES FUND as a New Fund Offer (NFO) with Systematic Investment Plan (SIP) facility on BSE StAR MF Platform. The NFO period runs from January 27, 2026 to February 10, 2026, with tentative allotment date on February 17, 2026. The scheme is available in both Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.

Key Points

  • NFO period: January 27, 2026 to February 10, 2026
  • Tentative allotment date: February 17, 2026
  • 6 scheme options available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes classified under Equity category
  • Extended trading available till midnight on February 10, 2026 for lumpsum purchases only
  • SIP/XSIP registration authentication must be completed by 3:00 PM on NFO closure date
  • Clear funds must be available in ICCL Account by 6:00 PM on February 13, 2026
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Cheques and OTM payments acceptable subject to receipt of clear funds by February 13, 2026
  • Switches accepted during NFO period subject to receipt of funds before allotment date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on February 13, 2026 for unit allotment
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on February 10, 2026
  • For switch transactions, funds must be received before the allotment date (February 17, 2026) for consideration
  • Pending transactions will remain in system till 3:00 PM on last day of funds pay-out or T+5, whichever is earlier

Important Dates

  • January 27, 2026: NFO opening date
  • February 10, 2026: NFO closure date (3:00 PM for regular transactions; extended till midnight for lumpsum only)
  • February 13, 2026: Clear funds deadline in ICCL Account (6:00 PM)
  • February 17, 2026: Tentative allotment date
  • T+1 day: Client fund initiation deadline (9:00 AM)
  • T+5 or last pay-out day: Pending transaction expiry (3:00 PM)

Impact Assessment

This circular has minimal market impact as it announces a routine mutual fund NFO launch. The impact is limited to:

  • Mutual Fund Distributors: Need to inform clients about the new investment opportunity and ensure timely fund transfers
  • Retail Investors: New investment option available in financial services sector equity fund
  • BSE StAR MF Platform Users: Operational requirements for processing NFO transactions with specific cut-off times

The circular provides operational details for processing NFO subscriptions, including payment timelines, cancellation rules, and switch transaction handling. No impact on stock markets or broader trading operations.

Impact Justification

Routine NFO launch announcement for mutual fund scheme. Impacts only mutual fund distributors and investors interested in new equity fund offerings.