Description

MOTILAL MUTUAL FUND launches MOTILAL OSWAL FINANCIAL SERVICES FUND NFO with SIP facility on BSE StAR MF Platform from January 27, 2026 to February 10, 2026.

Summary

MOTILAL MUTUAL FUND is launching the MOTILAL OSWAL FINANCIAL SERVICES FUND NFO on the BSE StAR MF Platform from January 27, 2026 to February 10, 2026. The NFO includes six scheme options (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment variants) with SIP facility. The tentative allotment date is February 16, 2026.

Key Points

  • NFO period: January 27, 2026 to February 10, 2026
  • Six scheme options available under MOTILAL OSWAL FINANCIAL SERVICES FUND (Regular and Direct plans)
  • All schemes categorized as EQUITY funds
  • SIP/XSIP facility available during NFO period
  • Extended trading till midnight on February 10, 2026 for lumpsum purchases only
  • Tentative allotment date: February 16, 2026
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Clear funds must be available in ICCL Account by 6:00 PM on February 16, 2026

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Members must ensure transactions have client-initiated funds by 9:00 AM on T+1 day (including extended period transactions) to avoid cancellation
  • Pending transactions remain in system until 3:00 PM on last NFO fund payout date or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on February 16, 2026 for allotment
  • Cheques and OTM payments acceptable subject to clear funds receipt by 6:00 PM on February 16, 2026
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (February 10, 2026)
  • Switch transactions accepted only if funds received on or before allotment date; late funds will not be considered

Important Dates

  • January 27, 2026: NFO opening date
  • February 10, 2026: NFO closure date (extended till midnight for lumpsum purchases)
  • February 10, 2026, 3:00 PM: Deadline for SIP/XSIP authentication
  • February 16, 2026: Tentative allotment date
  • February 16, 2026, 6:00 PM: Deadline for clear funds in ICCL Account
  • T+1 Day, 9:00 AM: Deadline for client fund initiation to avoid transaction cancellation

Impact Assessment

This circular has limited market impact as it pertains to operational procedures for BSE StAR MF Platform members handling the MOTILAL OSWAL FINANCIAL SERVICES FUND NFO. The notification provides standard operating procedures for NFO transactions, fund settlement timelines, and compliance requirements specific to the mutual fund distribution platform. Impact is confined to mutual fund distributors and platform participants rather than broader market participants or equity investors.

Impact Justification

Routine NFO launch notification for mutual fund platform participants, limited operational impact outside BSE StAR MF platform members