Description
ABAKKUS Mutual Fund is launching 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 will launch the ABAKKUS SMALL CAP FUND NFO with SIP facility on the BSE StAR MF Platform. The NFO subscription window runs from February 26, 2026, to March 12, 2026, with tentative unit allotment on March 17, 2026.
Key Points
- NFO subscription period: February 26, 2026 to March 12, 2026
- Two scheme variants offered: Regular Plan – Growth (ISIN: INF2JJD01185) and Direct Plan – Growth (ISIN: INF2JJD01177)
- Both schemes are categorised as Equity – Small Cap
- Tentative allotment date for both schemes: March 17, 2026
- Lumpsum purchases on BSE StAR MF Platform extended till midnight on March 12, 2026
- SIP/XSIP registration authentication must be completed by clients before 3:00 PM on the NFO closure date (March 12, 2026)
Regulatory Changes
No regulatory changes. This is a standard operational notice for members regarding a new fund offering on BSE StAR MF Platform.
Compliance Requirements
- Members must ensure clients initiate funds transfer by 9:00 AM on T+1 day; transactions without fund initiation by this deadline will be cancelled and CC with N flag will be reported to the RTA/AMC.
- Transactions where payment has been initiated will remain pending until 3:00 PM on the last day of funds payout to the AMC, or T+5, whichever is earlier.
- Clear funds must be available in the ICCL Account by 6:00 PM on March 17, 2026, to be eligible for unit allotment.
- Cheque and OTM payments are acceptable during the NFO period, subject to receipt of clear funds in the ICCL account by 6:00 PM on March 17, 2026.
- SIP/XSIP clients must complete authentication before 3:00 PM on March 12, 2026.
Important Dates
| Event | Date / Deadline |
|---|---|
| NFO Opens | February 26, 2026 |
| NFO Closes | March 12, 2026 |
| Lumpsum extension deadline | Midnight, March 12, 2026 |
| SIP/XSIP authentication deadline | 3:00 PM, March 12, 2026 |
| Tentative Allotment Date | March 17, 2026 |
| Clear funds deadline in ICCL Account | 6:00 PM, March 17, 2026 |
Impact Assessment
This circular has limited market impact and is primarily operational in nature. BSE members and their clients interested in the small cap equity segment can participate in the ABAKKUS SMALL CAP FUND NFO. Members should communicate the payment and authentication deadlines to clients to avoid transaction cancellations. No existing securities or market structures are affected.
Impact Justification
Routine NFO launch notification for a new small cap mutual fund on BSE StAR MF platform; informational for members with no broad market or regulatory impact.