BSE has informed its members that Kotak Mahindra Mutual Fund is introducing Weekly and Monthly frequency options for Income Distribution cum Capital Withdrawal (IDCW) in the Kotak Low Duration Fund. Both Payout and Reinvestment variants of the IDCW option will now be available at Weekly and Monthly frequencies. These options are live on the BSE StAR MF Platform with immediate effect from 14 May 2026.

Key Points

• Kotak Mahindra Mutual Fund is adding Weekly & Monthly IDCW frequency options to Kotak Low Duration Fund
• Two new sub-options are introduced: Payout of IDCW – Weekly & Monthly Frequency, and Reinvestment of IDCW – Weekly & Monthly Frequency
• These are additions to the existing IDCW Payout and Reinvestment options already available
• Effective immediately on BSE StAR MF Platform as of 14 May 2026
• Communicated via Notice No. 20260514-44 with an attached addendum from Kotak Mahindra Mutual Fund

Regulatory Changes

No regulatory changes. This is a product-level enhancement by Kotak Mahindra Mutual Fund, communicated to BSE members as an informational notice.

Compliance Requirements

• BSE members and distributors operating on the BSE StAR MF Platform should update their systems to reflect the availability of the new Weekly and Monthly IDCW options for Kotak Low Duration Fund
• No action required from existing investors unless they wish to switch to the new frequency options

Important Dates

• Effective Date: 14 May 2026 (immediate effect)

Impact Assessment

Low market impact. This notice affects only investors and distributors dealing in Kotak Low Duration Fund on the BSE StAR MF Platform. It expands investor choice by adding higher-frequency income distribution options (weekly and monthly), which may attract income-seeking retail investors. No impact on broader market operations or trading participants.