NSE has informed its members that the Motilal Oswal Contra Fund NFO, offered by Motilal Oswal Mutual Fund, will be available for transactions on the NSE MF Invest Platform from May 8, 2026 to May 22, 2026 (till 11:59 PM). The NFO covers six scheme variants and allotment is scheduled for May 29, 2026.

Key Points

• NFO subscription window: May 08, 2026 to May 22, 2026 (11:59 PM)
• Six scheme variants available: Direct Growth, Direct IDCW Payout, Direct IDCW Reinvestment, Regular Growth, Regular IDCW Payout, Regular IDCW Reinvestment
• All schemes are in the Equity category under Motilal Oswal Mutual Fund (AMC code: INF247L)
• ISINs assigned: INF247L01GW6, INF247L01GX4, INF247L01GY2, INF247L01GZ9, INF247L01HA0, INF247L01HB8
• Allotment date for all schemes: May 29, 2026

Regulatory Changes

No regulatory changes. This is a standard NFO availability notice for members of NSE’s Mutual Fund segment.

Compliance Requirements

• Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before May 29, 2026 by 06:00 PM.
• Members facilitating transactions must process subscriptions within the NFO window (May 8–22, 2026).

Important Dates

• May 08, 2026: NFO subscription window opens
• May 22, 2026 (11:59 PM): NFO subscription window closes
• May 29, 2026 (06:00 PM): Deadline for clear funds in designated Clearing Corporation account
• May 29, 2026: Allotment date for all six scheme variants

Impact Assessment

This circular has a medium operational impact for NSE members active in the mutual fund segment. Members acting as distributors or transaction facilitators on the NSE MF Invest Platform need to ensure timely processing of client subscriptions and fund remittances. The contra fund category targets contrarian equity investing, which may attract investors seeking differentiated exposure. No broader market disruption is expected; impact is limited to MF segment participants and their clients.