Description

ABAKKUS Mutual Fund will offer ABAKKUS Small Cap Fund NFO with SIP facility on BSE StAR MF Platform from February 26 to March 12, 2026, with tentative allotment on March 17, 2026.

Summary

BSE has informed its members that ABAKKUS Mutual Fund is launching the ABAKKUS Small Cap Fund NFO on the BSE StAR MF Platform. The NFO subscription window opens February 26, 2026, and closes March 12, 2026, with SIP/XSIP facility available. Both Regular Plan (Growth) and Direct Plan (Growth) are offered under the EQUITY category. Tentative allotment is scheduled for March 17, 2026.

Key Points

  • NFO period: February 26, 2026 to March 12, 2026 on BSE StAR MF Platform
  • Two plans available: Regular Plan – Growth (ISIN: INF2JJD01185) and Direct Plan – Growth (ISIN: INF2JJD01177), both under EQUITY category
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on the NFO closure date (March 12, 2026)
  • Transactions where the client has not initiated funds by 9:00 AM on T+1 will be cancelled; a CC with N flag will be reported to RTA/AMC
  • Transactions with payment initiated remain pending until 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
  • The NFO is extended till midnight on March 12, 2026, for lumpsum purchases only
  • Cheques and OTM payments are acceptable during the NFO period, subject to clear funds reaching ICCL by 6:00 PM on March 17, 2026

Regulatory Changes

No new regulatory changes. This is a standard NFO launch notification under the existing BSE StAR MF Platform operating framework.

Compliance Requirements

  • Members must ensure clients initiate funds by 9:00 AM on T+1 to avoid transaction cancellation
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on March 12, 2026
  • Clear funds must be available in the ICCL Account by 6:00 PM on March 17, 2026 to be eligible for unit allotment
  • Members accepting Cheques or OTM payments must ensure receipt of clear funds in ICCL account by the allotment deadline

Important Dates

  • February 26, 2026: NFO subscription opens
  • March 12, 2026: NFO subscription closes; lumpsum extended till midnight; SIP/XSIP authentication deadline at 3:00 PM
  • March 17, 2026: Tentative allotment date; clear funds must be in ICCL Account by 6:00 PM

Impact Assessment

This circular has limited market impact and is operational in nature. It is relevant primarily to BSE members facilitating mutual fund transactions on the BSE StAR MF Platform and retail/institutional investors interested in the ABAKKUS Small Cap Fund. There is no impact on equity market trading or listed securities. Members need to communicate payment and authentication deadlines clearly to clients to avoid transaction cancellations.

Impact Justification

Routine NFO launch notice for a new mutual fund scheme; affects only members and investors using BSE StAR MF Platform with no broad market or regulatory impact.