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 launch the TRUSTMF Mid Cap Fund NFO (New Fund Offer) with SIP facility on the BSE StAR MF Platform. The NFO subscription window runs from February 27, 2026, to March 13, 2026, covering both Direct and Regular plan Growth options under the Equity category.

Key Points

  • NFO for TRUSTMF Mid Cap Fund opens February 27, 2026, and closes March 13, 2026
  • Two schemes offered: Direct Plan – Growth (ISIN: INF0GCD01875) and Regular Plan – Growth (ISIN: INF0GCD01883)
  • Tentative allotment date is March 20, 2026
  • Lumpsum purchases extended till midnight on March 13, 2026, on BSE StAR MF Platform
  • 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 and CC with N flag will be reported to RTA/AMC
  • Pending transactions (where payment is initiated) remain in the system until 3:00 PM on the last day of funds payout to AMC, or T+5, whichever is earlier

Regulatory Changes

No new regulatory changes. This circular follows existing BSE StAR MF Platform operational norms for NFO processing.

Compliance Requirements

  • Members must ensure clear funds are available in the ICCL Account by 6:00 PM on March 19, 2026, 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 19, 2026
  • Switches are accepted during the NFO period only if funds under the NFO scheme are received before the allotment date; funds received on or after the allotment date will not be considered
  • Members must communicate payment and authentication deadlines to clients

Important Dates

  • February 27, 2026: NFO subscription opens
  • March 13, 2026: NFO subscription closes (lumpsum purchases extended till midnight)
  • March 13, 2026, 3:00 PM: Deadline for SIP/XSIP registration authentication by clients
  • March 19, 2026, 6:00 PM: Deadline for clear funds to be available in ICCL Account
  • March 20, 2026: Tentative allotment date for both schemes

Impact Assessment

This is a routine operational notice relevant primarily to BSE member brokers and distributors participating in the BSE StAR MF Platform. The circular has no direct impact on equity markets or listed securities. Members facilitating mutual fund transactions must ensure timely fund collection and client communication regarding payment and SIP authentication deadlines to avoid order cancellations.

Impact Justification

Routine NFO launch notification for a single mutual fund scheme on BSE StAR MF platform with standard operational details; no systemic regulatory changes or broad market impact.