Description
Canara Robeco Banking and Financial Services Fund NFO will be available for transactions on NSE MF Invest Platform from February 27 to March 13, 2026, offering six equity scheme variants with allotment on March 20, 2026.
Summary
NSE has informed its members that the Canara Robeco Banking and Financial Services Fund NFO, a new equity mutual fund from Canara Mutual Fund, will be available for transactions on the NSE MF Invest Platform from February 27, 2026 to March 13, 2026 (till 11:59 PM). The fund offers six scheme variants across Regular and Direct plans, with allotment scheduled for March 20, 2026.
Key Points
- NFO subscription window: February 27, 2026 to March 13, 2026 (11:59 PM)
- Fund house: Canara Mutual Fund
- Fund type: Equity — sectoral (Banking and Financial Services)
- Six scheme variants available: Regular Growth, Direct Growth, Regular IDCW Payout, Direct IDCW Payout, Regular IDCW Reinvestment, Direct IDCW Reinvestment
- Allotment date: March 20, 2026
- Clear funds must be received in the designated Clearing Corporation account by March 19, 2026 at 3:00 PM
Regulatory Changes
No regulatory changes introduced. This is a standard NFO availability notification under NSE’s NMF TM Segment.
Compliance Requirements
- Members must ensure clear funds (via any payment mode) are credited to the designated Clearing Corporation account on or before March 19, 2026 by 15:00 IST.
- Members facilitating NFO transactions must use the NSE MF Invest Platform within the specified subscription window.
Important Dates
| Event | Date |
|---|---|
| NFO Opens | February 27, 2026 |
| NFO Closes | March 13, 2026 (11:59 PM) |
| Fund Transfer Deadline | March 19, 2026 (3:00 PM) |
| Allotment Date | March 20, 2026 |
Impact Assessment
This circular has limited market impact as it pertains to a standard sectoral mutual fund NFO launch. Members operating on the NSE MF Invest Platform need to operationally enable the six new ISINs for transaction processing. Investors interested in the banking and financial services sector can participate through Regular or Direct plans with Growth or IDCW options. No systemic or broad market implications are expected.
ISIN Reference
| Scheme | ISIN |
|---|---|
| Regular Growth | INF760K01LM1 |
| Direct Growth | INF760K01LN9 |
| Regular IDCW Payout | INF760K01LO7 |
| Direct IDCW Payout | INF760K01LP4 |
| Regular IDCW Reinvestment | INF760K01LQ2 |
| Direct IDCW Reinvestment | INF760K01LR0 |
Impact Justification
Routine NFO launch notification for a sectoral mutual fund on the NSE MF Invest platform; operationally relevant only to members facilitating mutual fund transactions, with no broader market or regulatory impact.