BSE : Extension of NFO of KOTAK MUTUAL FUND on BSE StAR MF Platform

NOTICES

Notice No.		20230111-21		Notice Date		11 Jan 2023
Category		Trading		Segment		Mutual Fund
Subject		Extension of NFO of KOTAK MUTUAL FUND on BSE StAR MF Platform
Attachments		Addendum.pdf ;
Content

This is with reference to Notice No.20230104-1 dated January 04, 2023 regarding Launch of NFO of KOTAK Mutual Fund on BSE StAR MF Platform.<_o3a_p>

Members are hereby informed that we have received revised communication from KOTAK MUTUAL FUND regarding extension of KOTAK FMP SERIES 305 - 1200 DAYS - NFO from January 11, 2023 to January 17, 2023 on BSE StAR MF platform.<_o3a_p>

The revised tentative allotment date will be January 19, 2023.<_o3a_p>

MFIs/MFDs/RIAs/RFDs are hereby note that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.<_o3a_p>

Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on January 19, 2023 hence the clear funds have to be available in ICCL Account by 6:00 pm on January 18, 2023.<_o3a_p>

The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 pm on January 18, 2023to avail the allotment of units under KOTAK FMP SERIES 305 -1200 DAYS - NFO.<_o3a_p>

Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date, then same will not be considered for allotment at AMC/RTA end.<_o3a_p>

The said NFO will get extended till midnight on January 17, 2023 on BSE StAR MF Platform.<_o3a_p>

<_o3a_p>

<_o3a_p>

Ketan Jantre Zeeta Eustace

<_o3a_p>

Sr. General Manager - Mutual Funds Dy. General Manager - Mutual Funds