Description

Union Mutual Fund's Arthaya Equity Long Short Fund under Specialized Investment Fund (SIF) will be available for transactions on NSE MF Invest Platform from May 4 to May 18, 2026, with allotment on May 25, 2026.

Summary

NSE has informed members that Arthaya Equity Long Short Fund, a Specialized Investment Fund (SIF) offered by Union Mutual Fund, will be available for transactions on the NSE MF Invest Platform from May 4, 2026 to May 18, 2026. The fund offers six scheme variants across Regular and Direct plans with Growth and IDCW options. Allotment is scheduled for May 25, 2026.

Key Points

  • Arthaya Equity Long Short Fund is categorized as an Equity fund under the Specialized Investment Fund (SIF) structure by Union Mutual Fund.
  • The NFO subscription window on NSE MF Invest Platform runs from May 4, 2026 to May 18, 2026.
  • Six scheme variants are available: Regular Plan (Growth, IDCW Re-Investment, IDCW Payout) and Direct Plan (Growth, IDCW Re-Investment, IDCW Payout).
  • ISINs assigned: INF582M30012 (Regular Growth), INF582M30038 (Regular IDCW Re-Investment), INF582M30020 (Regular IDCW Payout), INF582M30046 (Direct Growth), INF582M30061 (Direct IDCW Re-Investment), INF582M30053 (Direct IDCW Payout).
  • Clear funds must be received in the designated Clearing Corporation account by May 22, 2026, 11:59 PM.

Regulatory Changes

No new regulatory changes introduced. This circular operationalizes the launch of a new fund under the existing SIF regulatory framework on the NSE MF Invest Platform.

Compliance Requirements

  • NSE members must ensure that clear funds through any payment mode are credited to the designated Clearing Corporation account on or before May 22, 2026 at 11:59 PM.
  • Members should communicate NFO availability and subscription details to eligible clients.

Important Dates

  • May 4, 2026: NFO subscription window opens on NSE MF Invest Platform.
  • May 18, 2026: NFO subscription window closes.
  • May 22, 2026 (11:59 PM): Deadline for clear funds to reach the Clearing Corporation account.
  • May 25, 2026: Allotment date for all six scheme variants.

Impact Assessment

This circular is relevant to NSE members and distributors operating on the NSE MF Invest Platform. The launch of an equity long-short fund under the SIF framework expands the product offerings available to eligible investors. The operational impact is limited to ensuring timely fund collection within the specified payment deadline. No systemic or broad market impact is expected.

Impact Justification

New fund launch under the SIF framework with a defined subscription window; relevant to mutual fund distributors and investors on NSE MF Invest platform, but limited broader market impact.