Description
Kotak Mahindra Mutual Fund launches NFO for Kotak Quality Overseas Equity Omni FOF with SIP facility on BSE StAR MF Platform from March 6 to March 20, 2026, offering 6 scheme variants across regular and direct plans.
Summary
Kotak Mahindra Mutual Fund is launching the Kotak Quality Overseas Equity Omni FOF (Fund of Funds) as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO subscription period runs from March 6, 2026 to March 20, 2026, with six scheme variants available under regular and direct plans.
Key Points
- NFO period: March 6, 2026 to March 20, 2026 on BSE StAR MF Platform
- Six scheme variants offered: Regular and Direct plans each with Growth, IDCW Reinvestment, and IDCW Payout options
- Tentative allotment date for all schemes: March 25, 2026
- Lumpsum purchases extended till midnight on March 20, 2026 on BSE StAR MF Platform
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on the NFO closure date (March 20, 2026)
- Transactions where clients have not initiated funds by 9:00 AM on T+1 day will be cancelled with CC (N flag) reported to RTA/AMC
- Cheques and OTM payments are acceptable during the NFO period subject to receipt of clear funds
Scheme Details
| Sr. No. | Scheme Name | Category | ISIN | Tentative Allotment Date |
|---|---|---|---|---|
| 1 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - Growth | Equity | INF174KA1ZL6 | 25-Mar-26 |
| 2 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - IDCW Reinvestment | Equity | INF174KA1ZN2 | 25-Mar-26 |
| 3 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - IDCW Payout | Equity | INF174KA1ZM4 | 25-Mar-26 |
| 4 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - Growth | Equity | INF174KA1ZI2 | 25-Mar-26 |
| 5 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - IDCW Reinvestment | Equity | INF174KA1ZK8 | 25-Mar-26 |
| 6 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - IDCW Payout | Equity | INF174KA1ZJ0 | 25-Mar-26 |
Regulatory Changes
No regulatory changes. This is a standard NFO launch notice under existing BSE StAR MF operational guidelines.
Compliance Requirements
- Members must ensure client funds are initiated before 9:00 AM on T+1 day to avoid transaction cancellation
- Pending transactions (with initiated payment) remain in the system until 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
- Clear funds must be available in the ICCL Account by 6:00 PM on March 24, 2026 for unit allotment
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on March 20, 2026
- Switch transactions must have funds received before the allotment date; funds received on or after the allotment date will not be considered
Important Dates
- March 6, 2026: NFO subscription opens
- March 20, 2026: NFO subscription closes (midnight for lumpsum; 3:00 PM for SIP/XSIP authentication)
- March 24, 2026: Clear funds must be in ICCL Account by 6:00 PM
- March 25, 2026: Tentative allotment date for all six scheme variants
Impact Assessment
This circular affects BSE member brokers and distributors facilitating mutual fund transactions on the BSE StAR MF platform. Members need to ensure timely fund collection and SIP authentication from clients within the prescribed deadlines. The FOF invests in overseas equity, providing investors exposure to international markets. The strict T+1 cancellation policy and the 6:00 PM March 24 funds deadline require members to proactively follow up with clients to avoid transaction failures.
Impact Justification
Routine NFO launch notice relevant to mutual fund distributors and investors on BSE StAR MF platform; impacts members handling Kotak MF transactions with specific fund transfer and SIP authentication deadlines.