Description
ICICI Prudential Mutual Fund SIF launches ISIF Equity Ex-Top 100 Long-Short Fund NFO on NSE MF Invest Platform from January 16, 2026 to January 30, 2026.
Summary
National Stock Exchange of India announces the launch of ISIF Equity Ex-Top 100 Long-Short Fund New Fund Offer (NFO) by ICICI Prudential Mutual Fund under Specialized Investment Fund (SIF) category. The NFO will be available for transactions on NSE MF Invest Platform from January 16, 2026 to January 30, 2026 until 11:30 PM, with allotment scheduled for February 04, 2026.
Key Points
- Two scheme options available: Regular Growth (ISIN: INF109K30034) and Direct Growth (ISIN: INF109K30042)
- Both schemes categorized as Equity funds
- NFO subscription period: January 16, 2026 to January 30, 2026 (till 11:30 PM)
- Allotment date for both schemes: February 04, 2026
- Clear funds must be received in designated Clearing Corporation account by February 02, 2026 at 11:00 AM
- Fund available through NSE MF Invest Platform
- Circular Reference: NSE/NMFTM/72322 (1116/2026)
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch notification.
Compliance Requirements
- NSE members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before February 02, 2026 at 11:00 AM
- Members need to facilitate transactions for the NFO on NSE MF Invest Platform during the subscription period
Important Dates
- NFO Opening Date: January 16, 2026
- NFO Closing Date: January 30, 2026 (11:30 PM)
- Funds Settlement Deadline: February 02, 2026 (11:00 AM)
- Allotment Date: February 04, 2026
Impact Assessment
This circular has minimal market-wide impact as it pertains to a new mutual fund offering under the Specialized Investment Fund category. The impact is limited to:
- Investors: Provides a new investment opportunity in equity long-short strategy focusing on stocks outside the top 100
- NSE Members: Routine operational requirement to facilitate NFO subscriptions through the NSE MF Invest Platform
- Market Operations: Standard NFO launch with no changes to existing trading or settlement procedures
The fund’s specialized nature (long-short strategy on Ex-Top 100 stocks) targets sophisticated investors but does not affect broader market operations or compliance frameworks.
Impact Justification
Routine NFO launch notification for a specialized mutual fund scheme with limited market-wide impact, primarily informational for NSE members facilitating mutual fund transactions.