Description

Motilal Oswal Financial Services Fund NFO launching on BSE StAR MF Platform from January 27, 2026 to February 10, 2026 with SIP facility.

Summary

BSE announces the launch of Motilal Oswal Financial Services Fund - NFO on the BSE StAR MF Platform. The NFO will be available from January 27, 2026 to February 10, 2026, offering six plan variants (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options). The fund is categorized as an Equity scheme with tentative allotment date of February 16, 2026.

Key Points

  • NFO period: January 27, 2026 to February 10, 2026
  • Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized under Equity
  • Tentative allotment date: February 16, 2026
  • Extended trading until midnight on February 10, 2026 for lumpsum purchases only
  • Clear funds must be available in ICCL Account by 6:00 PM on February 16, 2026
  • Cheques and OTM payments acceptable during NFO period subject to fund clearance by allotment date
  • Switches accepted during NFO period subject to receipt of funds on or before allotment date

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Transactions where client has not initiated funds till 9:00 AM on T+1 day (including extended period transactions) will be cancelled and CC with N flag will be reported to RTA/AMC
  • Transactions with initiated payment will remain pending until 3:00 PM on the last day of making funds payout to AMC or T+5, whichever is earlier
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (February 10, 2026)
  • Clear funds must be available in ICCL Account by 6:00 PM on February 16, 2026 for unit allotment

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 registration authentication
  • February 16, 2026: Tentative allotment date
  • February 16, 2026 (6:00 PM): Deadline for clear funds in ICCL Account
  • T+1 (9:00 AM): Deadline for client fund initiation, failing which transactions will be cancelled

Impact Assessment

Market Impact: Low - This is a routine NFO launch that expands product offerings on the BSE StAR MF Platform without affecting existing market operations or securities.

Operational Impact: Medium for mutual fund distributors and BSE StAR MF platform users who will need to be aware of the specific payment timelines, SIP registration deadlines, and fund clearance requirements for this NFO.

Investor Impact: Low to Medium - Provides new investment opportunity in financial services sector through equity fund, relevant for investors seeking sectoral exposure through mutual funds. The strict timelines for fund clearance and SIP authentication require attention from participating investors.

Impact Justification

Routine NFO launch announcement for mutual fund platform, relevant primarily to mutual fund distributors and investors interested in new fund offerings