Description

SBI Mutual Fund launches SBI Quality Fund NFO with SIP facility on BSE StAR MF Platform from January 28 to February 11, 2026, with tentative allotment on February 17, 2026.

Summary

SBI Mutual Fund is launching SBI Quality Fund as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from January 28, 2026, to February 11, 2026, with six plan options available (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options). The tentative allotment date is February 17, 2026. The NFO accepts lumpsum purchases, SIP/XSIP registrations, switches, and various payment modes subject to specific timelines and conditions.

Key Points

  • SBI Quality Fund NFO offers 6 scheme variants: Regular Plan (IDCW Reinvestment, IDCW Payout, Growth) and Direct Plan (IDCW Reinvestment, IDCW Payout, Growth)
  • All schemes are equity-type funds with unique ISINs assigned
  • Tentative allotment date: February 17, 2026
  • Clear funds must be available in ICCL Account by 6:00 PM on February 17, 2026
  • Monthly SIP investment ranges: Rs. 500-999 (minimum 12 installments) or Rs. 1,000+ (minimum 6 installments)
  • NFO extended till midnight on February 11, 2026, for lumpsum purchases only
  • SIP/XSIP registrations authentication must be completed by clients before 3:00 PM on NFO closure date
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
  • Switches accepted during NFO period subject to funds receipt before allotment date

Regulatory Changes

No regulatory changes introduced. This is a routine product launch notification.

Compliance Requirements

For BSE StAR MF Platform Members:

  • Transactions where clients have 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 payments remain pending until 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
  • Members must ensure SIP/XSIP registrations meet minimum installment requirements based on investment amount to avoid rejections from AMC/RTA
  • Members must ensure clear funds availability in ICCL Account by 6:00 PM on February 17, 2026, for allotment

For Clients:

  • SIP/XSIP authentication must be completed before 3:00 PM on February 11, 2026
  • Payment initiation deadlines must be adhered to for transaction processing

Important Dates

  • January 28, 2026: NFO opening date
  • February 11, 2026: NFO closure date (extended till midnight for lumpsum purchases)
  • February 11, 2026, 3:00 PM: Deadline for SIP/XSIP client authentication
  • February 17, 2026: Tentative allotment date
  • February 17, 2026, 6:00 PM: Deadline for clear funds in ICCL Account

Impact Assessment

Market Impact: Minimal. This is a standard new fund offering in the mutual fund segment with no impact on equity, debt, or derivatives markets.

Operational Impact: Low to moderate for BSE StAR MF platform members who will need to:

  • Configure the new schemes in their systems
  • Inform clients about the NFO opportunity
  • Ensure compliance with payment and authentication timelines
  • Monitor SIP installment requirements to prevent rejections

Investor Impact: Provides a new equity investment option (SBI Quality Fund) for retail and institutional investors seeking exposure to quality stocks through a systematic investment approach. The fund offers flexibility with multiple plan options and SIP facilities with relatively low minimum investment amounts (Rs. 500 for monthly SIP).

Impact Justification

Routine new fund offer announcement for mutual fund product launch. No regulatory changes or compliance requirements for general market participants. Impacts only members offering mutual fund services on BSE StAR MF platform.