Description
NIPPON INDIA NIFTY INDIA MANUFACTURING INDEX FUND reopened for ongoing subscription, redemption, and SIP/STP/SWP facilities effective August 29, 2025.
Summary
NIPPON INDIA NIFTY INDIA MANUFACTURING INDEX FUND has been reopened for ongoing transactions on BSE StAR MF Platform effective August 29, 2025. The fund now supports subscription, redemption, and systematic investment/transfer/withdrawal facilities across six plan variants.
Key Points
- Fund reopened for ongoing transactions effective August 29, 2025
- Available on BSE StAR MF Platform
- Supports subscription, redemption, SIP, STP, and SWP facilities
- Six scheme variants available (Regular/Direct plans with Growth/IDCW options)
- All schemes categorized under Equity
Regulatory Changes
No regulatory changes. This is a platform availability update for an existing mutual fund scheme.
Compliance Requirements
No specific compliance requirements for market participants. Standard mutual fund transaction procedures apply.
Important Dates
- Effective Date: August 29, 2025 - Fund reopened for ongoing transactions
Impact Assessment
Minimal market impact as this is a routine mutual fund availability announcement. Provides investors with additional investment options in the manufacturing sector through index fund exposure. Limited to mutual fund platform operations without broader market implications.
Impact Justification
Routine mutual fund availability announcement with limited market-wide impact