Description
HDFC Mutual Fund is launching HDFC Income Plus Arbitrage Omni FOF as a New Fund Offer (NFO) 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 will offer the HDFC Income Plus Arbitrage Omni FOF as a New Fund Offer (NFO) on the BSE StAR MF Platform from February 27, 2026, to March 11, 2026. Six scheme variants are available across Regular and Direct plans with Growth and IDCW options. Allotment is tentatively scheduled for March 12, 2026.
Key Points
- NFO period: February 27, 2026 to March 11, 2026 (extended to 6:00 PM for lumpsum purchases)
- Six scheme variants offered under the DEBT category across Regular and Direct plans
- Tentative allotment date: March 12, 2026
- Clear funds must be available in ICCL Account by 6:00 PM on March 12, 2026
- Cheques and OTM payments acceptable during NFO period subject to clear fund receipt by deadline
- Switches accepted during NFO period only if funds are received on or before the allotment date
- SIP/XSIP authentication must be completed by clients before 3:00 PM on NFO closure date
Scheme Details
| Sr. No. | Scheme Name | Category | ISIN | Allotment Date |
|---|---|---|---|---|
| 1 | HDFC Income Plus Arbitrage Omni FOF - Regular Plan - Growth | DEBT | INF179KC1KB2 | 12-Mar-26 |
| 2 | HDFC Income Plus Arbitrage Omni FOF - Regular Plan - IDCW Payout | DEBT | INF179KC1KC0 | 12-Mar-26 |
| 3 | HDFC Income Plus Arbitrage Omni FOF - Regular Plan - IDCW Reinvestment | DEBT | INF179KC1KD8 | 12-Mar-26 |
| 4 | HDFC Income Plus Arbitrage Omni FOF - Direct Plan - Growth | DEBT | INF179KC1KE6 | 12-Mar-26 |
| 5 | HDFC Income Plus Arbitrage Omni FOF - Direct Plan - IDCW Payout | DEBT | INF179KC1KF3 | 12-Mar-26 |
| 6 | HDFC Income Plus Arbitrage Omni FOF - Direct Plan - IDCW Reinvestment | DEBT | INF179KC1KG1 | 12-Mar-26 |
Regulatory Changes
No regulatory changes. This is a standard NFO launch notification under existing BSE StAR MF operational framework.
Compliance Requirements
- Members must ensure clients initiate fund transfers by 9:00 AM on T+1; transactions without fund initiation will be cancelled and CC with N flag reported to RTA/AMC
- Pending transactions (with payment initiated) will remain in the system until 3:00 PM on the last day of fund payout to AMC or T+5, whichever is earlier
- Members must ensure clear funds are credited to ICCL Account by 6:00 PM on March 12, 2026 for allotment eligibility
- SIP/XSIP clients must complete authentication before 3:00 PM on March 11, 2026 (NFO closure date)
- Switches out of funds received after the NFO allotment date will not be considered for allotment
Important Dates
- February 27, 2026: NFO opens
- March 11, 2026, 6:00 PM: NFO closes (extended deadline for lumpsum purchases); SIP/XSIP authentication deadline at 3:00 PM
- March 12, 2026: Tentative allotment date
- March 12, 2026, 6:00 PM: Deadline for clear funds in ICCL Account
Impact Assessment
This circular has low market impact as it is a routine NFO launch notification. It is operationally relevant to BSE members dealing in mutual funds on the BSE StAR MF platform. Members need to ensure their systems are configured to handle the NFO transactions, enforce the fund initiation deadlines, and communicate SIP/XSIP authentication timelines to their clients. No broader market or regulatory impact is anticipated.
Impact Justification
Routine NFO launch notice for a debt fund-of-funds on BSE StAR MF platform; operational impact limited to mutual fund members and their clients participating in the NFO.