BSE has notified trading members that Kotak Mahindra Mutual Fund has communicated the maturity record dates for four plans under Kotak FMP Series 308. Trading in all four plans (scrip codes 543876–543879) is suspended with effect from 27 April 2026, the record and ex-date for maturity.

Key Points

• Trading members are advised not to deal in the four listed Kotak FMP Series 308 plans from 27 April 2026 onwards.
• All four plans share the same record date, ex-date (27/04/2026), and settlement DR (618/2026-2027).
• Two plan variants are covered: Regular Plan and Direct Plan, each with Growth Option and IDCW Payout Option sub-variants.
• No attachments were included with the notice.

Regulatory Changes

No new regulatory framework is introduced. The suspension is a standard operational action triggered by the scheduled maturity of fixed-maturity plan (FMP) units as per existing BSE and SEBI guidelines for mutual fund lifecycle events.

Compliance Requirements

• Trading Members: Must immediately cease dealing in the four suspended scrip codes (543876, 543877, 543878, 543879) on and from 27 April 2026.
• Members should update their systems to flag these ISINs as non-tradable ahead of the record date.

Important Dates

Impact Assessment

Impact is limited to investors holding or intending to trade these four FMP units on BSE. Upon maturity, investors will receive redemption proceeds as per fund terms. No broader market disruption is expected.