Description

Trust Mutual Fund launches TRUSTMF Mid Cap Fund NFO with SIP facility on BSE StAR MF Platform from February 27 to March 13, 2026, with tentative allotment on March 20, 2026.

Summary

BSE has informed members that Trust Mutual Fund will be launching TRUSTMF Mid Cap Fund as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO subscription window opens February 27, 2026, and closes March 13, 2026, with tentative allotment on March 20, 2026.

Key Points

  • NFO period: February 27, 2026 to March 13, 2026 on BSE StAR MF Platform
  • Two scheme variants available: Direct Plan - Growth (ISIN: INF0GCD01875) and Regular Plan - Growth (ISIN: INF0GCD01883)
  • Both schemes are categorized as Equity – Mid Cap
  • Tentative allotment date: March 20, 2026
  • Clear funds must be in ICCL Account by 6:00 PM on March 19, 2026
  • NFO extended till midnight on March 13, 2026 for lumpsum purchases only
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for a new fund offer.

Compliance Requirements

  • Members must ensure client funds are initiated before 9:00 AM on T+1 day; failing this, transactions will be cancelled and CC with N flag 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
  • Cheque and OTM payments are acceptable during NFO period only if clear funds reach ICCL account by 6:00 PM on March 19, 2026
  • Switch transactions must have funds received under the NFO scheme before the allotment date; switches with funds received on or after the allotment date will not be considered
  • Members must ensure SIP/XSIP client authentications are completed before 3:00 PM on March 13, 2026

Important Dates

  • February 27, 2026: NFO subscription opens
  • March 13, 2026: NFO subscription closes (extended till midnight for lumpsum); SIP/XSIP authentication deadline at 3:00 PM
  • March 19, 2026: Clear funds must be in ICCL Account by 6:00 PM
  • March 20, 2026: Tentative allotment date for both scheme variants

Impact Assessment

This circular has low market impact as it pertains to the operational launch of a single mutual fund NFO. It is relevant to BSE members and investors interested in mid-cap equity exposure through Trust Mutual Fund. Members need to ensure operational compliance with payment and SIP authentication timelines to avoid transaction cancellations.

Impact Justification

Routine NFO launch notification for a single mutual fund on BSE StAR MF platform; operationally relevant only to members and investors participating in the specific scheme.