Description
MIRAE ASSET GOLD SILVER PASSIVE FOF reopened for ongoing subscription and redemption with SIP, STP & SWP facility effective September 01, 2025.
Summary
BSE has announced that MIRAE ASSET GOLD SILVER PASSIVE FOF, which was previously offered as a New Fund Offer (NFO), will be reopened for ongoing subscription and redemption transactions on the BSE StAR MF Platform effective September 01, 2025. The fund will also support SIP, STP, and SWP facilities.
Key Points
- Six variants of the scheme are available covering Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes fall under the Fund of Funds (FOF) category
- Trading will commence on BSE StAR MF Platform from September 01, 2025
- Full range of investment facilities available including systematic plans
Regulatory Changes
No regulatory changes introduced. This is a standard reopening notification for ongoing transactions after NFO closure.
Compliance Requirements
- Members must ensure proper handling of transactions for all six scheme variants
- Standard mutual fund transaction compliance requirements apply
- Proper ISIN mapping required for each scheme variant
Important Dates
- September 01, 2025: Effective date for ongoing transactions to commence
Impact Assessment
Minimal market impact as this is a routine fund availability notification. Provides investors additional investment options in gold and silver asset classes through fund of funds structure. Expected to facilitate diversification for investors seeking precious metals exposure through mutual fund route.
Impact Justification
Routine mutual fund availability notification with limited market impact