Description
BSE informs members that Kotak Services Fund will reopen for ongoing subscription, redemption, SIP, STP, and SWP facility on the BSE StAR MF Platform effective March 02, 2026. Six scheme variants across Regular and Direct plans are covered.
Summary
BSE has notified members (Notice No. 20260227-33) that Kotak Services Fund will be reopening for ongoing subscription and redemption, along with SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facility on the BSE StAR MF Platform, effective March 02, 2026. This follows an earlier notice (No. 20260203-22).
Key Points
- Kotak Services Fund will be available for ongoing transactions on BSE StAR MF Platform from March 2, 2026.
- Both Regular and Direct plan variants are included across Growth, IDCW Reinvestment, and IDCW Payout options.
- SIP, STP, and SWP facilities are all enabled alongside standard subscription and redemption.
- Six scheme variants are covered under the reopening.
Regulatory Changes
No regulatory changes. This is an operational notice informing members of platform availability for an existing mutual fund scheme.
Compliance Requirements
No specific compliance action required from members. Distributors and platforms using BSE StAR MF should update their systems to reflect the availability of Kotak Services Fund schemes from March 2, 2026.
Important Dates
- March 02, 2026: Effective date for reopening of Kotak Services Fund on BSE StAR MF Platform for ongoing subscription, redemption, SIP, STP, and SWP transactions.
Impact Assessment
The reopening allows investors to transact in Kotak Services Fund through the BSE StAR MF platform. The six scheme variants available are:
| Sr. No. | Scheme Name | Category | ISIN |
|---|---|---|---|
| 1 | Kotak Services Fund - Regular Plan - Growth | Equity | INF174KA1YY2 |
| 2 | Kotak Services Fund - Regular Plan - IDCW Reinvestment | Equity | INF174KA1ZA9 |
| 3 | Kotak Services Fund - Regular Plan - IDCW Payout | Equity | INF174KA1YZ9 |
| 4 | Kotak Services Fund - Direct Plan - Growth | Equity | INF174KA1YV8 |
| 5 | Kotak Services Fund - Direct Plan - IDCW Reinvestment | Equity | INF174KA1YX4 |
| 6 | Kotak Services Fund - Direct Plan - IDCW Payout | Equity | INF174KA1YW6 |
Impact is limited to mutual fund distributors and investors using the BSE StAR MF platform who wish to invest in or redeem from Kotak Services Fund.
Impact Justification
Routine operational notice about reopening of a mutual fund scheme for ongoing transactions on the BSE StAR MF platform; no regulatory changes, no compliance obligations, and limited market-wide impact.