Description
NIPPON INDIA MUTUAL FUND will offer NIPPON INDIA NIFTY INDIA MANUFACTURING INDEX FUND NFO with SIP facility from August 06-20, 2025 on BSE StAR MF Platform.
Summary
NIPPON INDIA MUTUAL FUND will launch the NIPPON INDIA NIFTY INDIA MANUFACTURING INDEX FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 06, 2025, to August 20, 2025. The fund offers 6 scheme variants across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.
Key Points
- NFO period: August 06-20, 2025
- 6 scheme variants available (Regular/Direct plans with Growth/IDCW options)
- All schemes are Equity category funds
- Tentative allotment date: August 26, 2025
- Extended trading till midnight on August 20 for lumpsum purchases only
- Clear funds must be available in ICCL Account by 6:00 PM on August 25, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Members must ensure clear funds availability in ICCL Account by 6:00 PM on August 25, 2025
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
- SIP/XSIP registration authentication must be completed before 3:00 PM on NFO closure date
- Cheques & OTM payments acceptable subject to clear funds receipt by deadline
Important Dates
- NFO Start Date: August 06, 2025
- NFO End Date: August 20, 2025 (extended till midnight for lumpsum)
- Clear Funds Deadline: August 25, 2025 (6:00 PM)
- Tentative Allotment Date: August 26, 2025
- SIP Registration Deadline: August 20, 2025 (3:00 PM)
Impact Assessment
Minimal market impact as this is a routine NFO launch. The fund focuses on India’s manufacturing sector through index tracking, providing investors with exposure to this specific sector. Standard BSE StAR MF Platform procedures apply with typical payment and settlement timelines.
Impact Justification
Routine NFO launch announcement with standard procedures and limited market impact