Description

ICICI Prudential Mutual Fund's iSIF Active Asset Allocator Long-Short Fund NFO is available on NSE MF Invest Platform from May 19 to June 2, 2026. The equity category scheme offers Regular and Direct Growth options with allotment on June 5, 2026.

Summary

NSE has informed its members that the iSIF Active Asset Allocator Long-Short Fund, a Specialized Investment Fund (SIF) from ICICI Prudential Mutual Fund, will be available for transactions on the NSE MF Invest Platform from May 19, 2026 to June 02, 2026 (till 11:30 PM). Two plan variants are offered — Regular Growth and Direct Growth — both classified under the Equity category.

Key Points

  • Fund: iSIF Active Asset Allocator Long-Short Fund (SIF) by ICICI Prudential Mutual Fund
  • Platform: NSE MF Invest Platform
  • NFO subscription window: May 19, 2026 to June 02, 2026 (till 11:30 PM)
  • Regular Growth ISIN: INF109K30059
  • Direct Growth ISIN: INF109K30067
  • Both schemes are categorized as Equity
  • Allotment date for both plans: June 05, 2026
  • Fund contact: support@nseinvest.com | Toll Free: 1800 2100 940

Regulatory Changes

No new regulatory changes introduced. This circular is an operational notification under the NMF TM Segment, informing members of a new Specialized Investment Fund (SIF) NFO availability on the NSE MF Invest Platform.

Compliance Requirements

  • Members must ensure clear funds via any payment mode are received in the designated Clearing Corporation account on or before June 04, 2026 by 12:00 PM.
  • Members facilitating transactions must process subscriptions within the NFO window ending June 02, 2026 at 11:30 PM.

Important Dates

EventDate/Deadline
NFO OpensMay 19, 2026
NFO ClosesJune 02, 2026 (11:30 PM)
Clear Funds DeadlineJune 04, 2026 (12:00 PM)
Allotment DateJune 05, 2026

Impact Assessment

This circular has a medium operational impact on NSE members who participate in the mutual fund investment segment. The NFO introduces a long-short equity strategy under the SIF framework, which may attract investors seeking alternative/hedged equity exposure. Members need to ensure timely fund settlement by June 4, 2026 to facilitate smooth allotment. No systemic or broad market impact is expected.

Impact Justification

Routine NFO launch notification relevant to NSE members dealing in mutual funds; medium importance as it introduces a new SIF product but has limited broad market impact.