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, with tentative allotment on March 25, 2026.
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 tentative allotment on March 25, 2026.
Key Points
- NFO open period: March 6, 2026 to March 20, 2026
- Six scheme variants available across Regular and Direct plans (Growth, IDCW Reinvestment, IDCW Payout)
- Tentative allotment date: March 25, 2026
- Clear funds must be in ICCL Account by 6:00 PM on March 24, 2026
- NFO extended till midnight on March 20, 2026, for lumpsum purchases only
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date (March 20, 2026)
- Transactions with no fund initiation by 9:00 AM on T+1 will be cancelled
- Pending transactions remain in system till 3:00 PM on last day of fund payout to AMC or T+5, whichever is earlier
Regulatory Changes
No new regulatory changes. This is a standard NFO launch notification under existing BSE StAR MF operational framework.
Compliance Requirements
- Members must ensure clients initiate funds by 9:00 AM on T+1 to avoid transaction cancellation
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Cheque and OTM payments accepted during NFO period only if clear funds reach ICCL account by 6:00 PM on March 24, 2026
- Switch transactions accepted during NFO period only if switch-out funds are received before allotment date; funds received on or after allotment date will not be considered
- SIP/XSIP client authentication must be completed before 3:00 PM on March 20, 2026
Important Dates
- March 6, 2026: NFO subscription opens
- March 20, 2026: NFO subscription closes (lumpsum extended till midnight; SIP/XSIP authentication deadline: 3:00 PM)
- March 24, 2026: Clear funds deadline in ICCL Account by 6:00 PM
- March 25, 2026: Tentative allotment date
Scheme Details
| Sr. No. | Scheme Name | Category | ISIN |
|---|---|---|---|
| 1 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - Growth | Equity | INF174KA1ZL6 |
| 2 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - IDCW Reinvestment | Equity | INF174KA1ZN2 |
| 3 | Kotak Quality Overseas Equity Omni FOF - Regular Plan - IDCW Payout | Equity | INF174KA1ZM4 |
| 4 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - Growth | Equity | INF174KA1ZI2 |
| 5 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - IDCW Reinvestment | Equity | INF174KA1ZK8 |
| 6 | Kotak Quality Overseas Equity Omni FOF - Direct Plan - IDCW Payout | Equity | INF174KA1ZJ0 |
Impact Assessment
This NFO provides BSE members and their clients access to an overseas equity fund-of-funds product from Kotak Mahindra Mutual Fund. The circular primarily impacts mutual fund distributors and members on the BSE StAR MF platform who need to manage client transactions, fund transfer timelines, and SIP registrations within the stipulated deadlines. No direct impact on equity market trading or listed securities.
Impact Justification
Routine NFO launch notification relevant to mutual fund distributors and investors; involves multiple scheme variants and specific fund transfer deadlines that members must adhere to.