Description

HDFC Mutual Fund launches HDFC Income Plus Arbitrage Omni FOF as a New Fund Offer on BSE StAR MF Platform from February 27 to March 11, 2026, with six scheme variants across regular and direct plans.

Summary

BSE has informed members that HDFC Mutual Fund is launching the HDFC Income Plus Arbitrage Omni FOF (Fund of Funds) as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO subscription window opens February 27, 2026, and closes March 11, 2026. Six scheme variants are available across regular and direct plans with growth and IDCW options. Tentative allotment is scheduled for March 12, 2026.

Key Points

  • NFO period: February 27, 2026 to March 11, 2026 (extended till 6:00 PM on March 11 for lumpsum purchases)
  • Six scheme variants offered under HDFC Income Plus Arbitrage Omni FOF (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options)
  • Scheme category: DEBT (Fund of Funds)
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on the NFO closure date
  • Transactions where clients have not initiated funds by 9:00 AM on T+1 day will be cancelled
  • Pending transactions remain in system till 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments accepted during NFO subject to clear funds reaching ICCL by 6:00 PM on March 12, 2026
  • Switches accepted during NFO period subject to receipt of funds on or before allotment date

Regulatory Changes

No regulatory changes. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client funds are initiated by 9:00 AM on T+1 to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on March 12, 2026 for allotment eligibility
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on March 11, 2026
  • Switch-out funds received after NFO allotment date (March 12, 2026) will not be considered for allotment

Important Dates

  • NFO Open Date: February 27, 2026
  • NFO Close Date: March 11, 2026 (6:00 PM for lumpsum on BSE StAR MF)
  • SIP/XSIP Authentication Deadline: March 11, 2026, 3:00 PM
  • Tentative Allotment Date: March 12, 2026
  • ICCL Clear Funds Deadline: March 12, 2026, 6:00 PM

Impact Assessment

This circular has limited market impact as it is a routine operational notice for a new debt FOF NFO. It is relevant primarily to BSE StAR MF platform members and their clients who wish to invest in the HDFC Income Plus Arbitrage Omni FOF. The six ISINs (INF179KC1KB2, INF179KC1KC0, INF179KC1KD8, INF179KC1KE6, INF179KC1KF3, INF179KC1KG1) will be newly listed upon allotment. No broader market or systemic implications are expected.

Impact Justification

Routine NFO launch notification for a new debt FOF by HDFC Mutual Fund on BSE StAR MF platform; operational in nature with no broad market or regulatory impact.