Description
BSE informs trading members that four Kotak Mahindra Mutual Fund FMP Series 292 schemes will mature on their Redemption Date, with trading suspended effective May 13, 2026.
Summary
BSE has issued a notice (20260512-11) informing trading members that four schemes of Kotak Mahindra Mutual Fund under FMP Series 292 are maturing on their Redemption Date. Trading in all four schemes is suspended with effect from May 13, 2026, under reference DR-629/2026-2027.
Key Points
- Four Kotak FMP Series 292 schemes are maturing and will be suspended from trading effective May 13, 2026
- Both Regular and Direct Plan variants, covering Growth and IDCW Payout options, are affected
- Trading members are advised not to deal in any of the four affected schemes from the effective date
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice pursuant to the maturity/redemption of Fixed Maturity Plan (FMP) schemes as per existing BSE and SEBI mutual fund regulations.
Compliance Requirements
- Trading members must cease all dealings in the four listed Kotak FMP Series 292 schemes with effect from May 13, 2026
- Members should notify their clients holding units in these schemes about the trading suspension and upcoming redemption
Important Dates
- Notice Date: May 12, 2026
- Trading Suspension Effective Date: May 13, 2026 (Redemption/Maturity Date)
Impact Assessment
The suspension affects four BSE-listed mutual fund schemes under Kotak FMP Series 292. Existing unitholders will receive redemption proceeds on maturity and will no longer be able to trade on the exchange from May 13, 2026. The impact is limited to investors holding these specific scheme units; broader market impact is negligible as this is a scheduled maturity event.
| Scrip Code | Scheme Name | ISIN |
|---|---|---|
| 543337 | Kotak FMP Series 292 - Regular Plan - Growth Option | INF174KA1HK6 |
| 543338 | Kotak FMP Series 292 - Regular Plan - IDCW Payout Option | INF174KA1HL4 |
| 543339 | Kotak FMP Series 292 - Direct Plan - Growth Option | INF174KA1HM2 |
| 543340 | Kotak FMP Series 292 - Direct Plan - IDCW Payout Option | INF174KA1HN0 |
Impact Justification
Routine maturity-driven trading suspension for four Kotak FMP Series 292 schemes; affects existing unitholders but is a scheduled event with one-day notice before suspension.