Description
MIRAE ASSET MUTUAL FUND launches MIRAE ASSET MULTI FACTOR PASSIVE FOF NFO with SIP facility on BSE StAR MF Platform from August 11-25, 2025.
Summary
MIRAE ASSET MUTUAL FUND is launching MIRAE ASSET MULTI FACTOR PASSIVE FOF (Fund of Funds) as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 11, 2025 to August 25, 2025. The scheme offers 6 different plan options with tentative allotment date of August 29, 2025.
Key Points
- NFO period: August 11-25, 2025
- 6 scheme variants available (Regular/Direct plans with Growth/IDCW options)
- SIP facility available during NFO period
- Tentative allotment date: August 29, 2025
- Clear funds required in ICCL Account by 6:00 PM on August 26, 2025
- Extended trading till midnight on August 25, 2025 for lumpsum purchases only
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Members must ensure client funds are initiated by 9:00 AM on T+1 day
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date
- Clear funds must be available in ICCL Account by 6:00 PM on August 26, 2025
- Transactions without client-initiated funds will be cancelled and reported with N flag to RTA/AMC
Important Dates
- NFO Start Date: August 11, 2025
- NFO End Date: August 25, 2025
- Fund Payment Deadline: August 26, 2025 (6:00 PM)
- Tentative Allotment Date: August 29, 2025
- SIP Authentication Deadline: August 25, 2025 (3:00 PM)
Impact Assessment
Limited market impact as this is a routine NFO launch. Provides additional investment options for mutual fund investors seeking fund-of-funds exposure with multi-factor passive strategy. No direct impact on stock markets or trading operations.
Impact Justification
Routine NFO launch announcement with standard terms and conditions