Description
Aditya Birla Sun Life Mutual Fund is launching the Apex Hybrid Long-Short Fund (SIF) NFO on BSE StAR MF Platform from March 6 to March 18, 2026, with tentative allotment on March 25, 2026.
Summary
BSE has notified members that Aditya Birla Sun Life Mutual Fund will offer the Apex Hybrid Long-Short Fund (SIF) NFO on the BSE StAR MF Platform from March 6, 2026 to March 18, 2026. The fund is categorized as a Specialized Investment Fund (SIF) under the Equity category. Tentative allotment date is March 25, 2026. This notice references earlier notice 20260304-55 regarding the introduction of SIF on BSE StAR MF.
Key Points
- NFO period: March 6, 2026 to March 18, 2026 (extended till midnight on March 18 for lumpsum purchases)
- Six scheme variants available: Regular and Direct Plans, each with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes are Equity category under the SIF framework
- Tentative allotment date: March 25, 2026
- Clear funds must be available in ICCL Account by 6:00 PM on March 25, 2026
- Cheques and OTM payments are acceptable during the NFO period, subject to receipt of clear funds by the deadline
Scheme Details
| # | Scheme Name | Category | ISIN | Allotment Date |
|---|---|---|---|---|
| 1 | Apex Hybrid Long-Short Fund - Regular Plan - IDCW Payout | Equity | INF209K30057 | 25-Mar-26 |
| 2 | Apex Hybrid Long-Short Fund - Regular Plan - Growth | Equity | INF209K30040 | 25-Mar-26 |
| 3 | Apex Hybrid Long-Short Fund - Regular Plan - IDCW Reinvestment | Equity | INF209K30065 | 25-Mar-26 |
| 4 | Apex Hybrid Long-Short Fund - Direct Plan - IDCW Payout | Equity | INF209K30024 | 25-Mar-26 |
| 5 | Apex Hybrid Long-Short Fund - Direct Plan - Growth | Equity | INF209K30016 | 25-Mar-26 |
| 6 | Apex Hybrid Long-Short Fund - Direct Plan - IDCW Reinvestment | Equity | INF209K30032 | 25-Mar-26 |
Regulatory Changes
No new regulatory changes. This circular operates under the SIF framework introduced via BSE notice 20260304-55.
Compliance Requirements
- Members must ensure clients initiate funds by 9:00 AM on T+1 day; otherwise, transactions will be cancelled and CC with N flag will be reported to RTA/AMC.
- Transactions where payment has been initiated will remain pending until 3:00 PM on the last day of AMC fund payout or T+5, whichever is earlier.
- Clear funds must be received in the ICCL Account by 6:00 PM on March 25, 2026 to qualify for unit allotment.
Important Dates
- March 6, 2026: NFO opens
- March 18, 2026: NFO closes (extended till midnight for lumpsum purchases on BSE StAR MF)
- March 25, 2026: Tentative allotment date; clear funds must be in ICCL Account by 6:00 PM
Impact Assessment
This is a standard NFO launch communication affecting mutual fund distributors and members on the BSE StAR MF Platform. The fund introduces a hybrid long-short strategy under the new SIF category, which may attract interest from sophisticated investors seeking alternative equity strategies. Operational impact is limited to members facilitating transactions on BSE StAR MF and ensuring adherence to payment and cancellation timelines.
Impact Justification
Routine NFO launch notice for a new SIF category fund on BSE StAR MF Platform; relevant to mutual fund distributors and investors but not a broad market or regulatory change.