Description
Nippon India Nifty India Manufacturing Index Fund reopened for ongoing transactions including subscription, redemption, SIP, STP & SWP facility on BSE StAR MF Platform effective August 29, 2025.
Summary
BSE has announced that NIPPON INDIA NIFTY INDIA MANUFACTURING INDEX FUND has been reopened for ongoing transactions on the BSE StAR MF Platform effective August 29, 2025. The fund is now available for subscription, redemption, and systematic investment plans (SIP, STP & SWP).
Key Points
- Fund reopened for ongoing transactions effective August 29, 2025
- Available on BSE StAR MF Platform
- Supports subscription, redemption, SIP, STP & SWP facilities
- Six different plan variants available (Regular/Direct plans with Growth/IDCW options)
- All schemes categorized under Equity category
- Reference to previous Notice No 20250805-29
Regulatory Changes
No regulatory changes - this is an operational update regarding fund availability on the trading platform.
Compliance Requirements
Members of BSE are informed about the fund’s availability for client transactions. No specific compliance actions required beyond normal mutual fund trading procedures.
Important Dates
- Effective Date: August 29, 2025 - Fund reopened for ongoing transactions
- Notice Date: August 28, 2025
Impact Assessment
This reopening provides investors access to a manufacturing sector-focused index fund, supporting investment diversification in the manufacturing segment. The availability of multiple plan options (Regular/Direct with Growth/IDCW variants) caters to different investor preferences and tax planning strategies. Impact is primarily operational, affecting mutual fund distributors and investors interested in manufacturing sector exposure.
Impact Justification
Fund reopening affects mutual fund investors and platform operations but has limited broader market impact