BSE has informed members that SAPPHIRE EQUITY LONG-SHORT SIF will reopen for ongoing subscriptions, redemptions, and SIP facility on the BSE StAR MF Platform with effect from May 04, 2026. This follows Notice No. 20260410-2 dated April 10, 2026. Six scheme variants are available under both Regular and Direct plans.

Key Points

• SAPPHIRE EQUITY LONG-SHORT SIF reopens for ongoing transactions on BSE StAR MF Platform from May 04, 2026
• Facility covers subscriptions, redemptions, and SIP
• Six scheme variants available across Regular and Direct plans
• All schemes fall under the EQUITY category
• ISINs assigned to each scheme variant

Regulatory Changes

No new regulatory changes introduced. This notice operationalises the earlier Notice No. 20260410-2 dated April 10, 2026, which had announced the reopening of this SIF.

Compliance Requirements

• Members (brokers/distributors) on BSE StAR MF Platform should update their systems to enable transactions in the listed SAPPHIRE EQUITY LONG-SHORT SIF schemes from May 04, 2026
• Ensure correct ISIN mapping for all six scheme variants before processing transactions

Important Dates

• April 10, 2026: Original notice (20260410-2) issued regarding reopening of the scheme
• April 30, 2026: This notice issued confirming scheme details and ISINs
• May 04, 2026: Effective date for reopening of ongoing subscriptions, redemptions, and SIP on BSE StAR MF Platform

Impact Assessment

This notice has a moderate operational impact on mutual fund distributors and investors using the BSE StAR MF Platform. Investors in SAPPHIRE EQUITY LONG-SHORT SIF can resume transactions from May 4, 2026. The scheme covers six variants:

No broader market impact anticipated; this is a platform-level operational enablement notice.