This is with reference to Notice No. 20240404-24 dated April 04, 2024, regarding Launch of NFO with SIP facility of TRUST Mutual Fund on BSE StAR MF Platform.
Members are hereby informed that we have received communication from TRUST Mutual Fund regarding extension of TRUSTMF FLEXI CAP FUND - NFO from April 19, 2024, to April 20, 2024, on BSE StAR MF platform.
The tentative allotment date will be April 26, 2024.
MFIs/MFDs/RIAs/RFDs are also hereby informed 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.
Also, MFIs/MFDs/RIAs/RFDs are also hereby informed that, AMC confirmed that allotment for NFO scheme will be done on April 26, 2024, hence the clear funds have to be available in ICCL Account by 6.00pm on April 22, 2024.
The Cheques, Nodal & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on April 22, 2024, to avail the allotment of units under TRUSTMF FLEXI CAP FUND - NFO.
The said NFO will be available for order execution till midnight on April 20, 2024 on BSE StAR MF Platform. SIP/XSIP/ISIP registrations authentication needs to be done by clients before midnight on NFO closure date.
Ketan Jantre Zeeta Eustace
Chief General Manager – Mutual Funds Additional General Manager – Mutual Funds |