Description
MIRAE ASSET MUTUAL FUND launching MIRAE ASSET INFRASTRUCTURE FUND NFO with SIP facility from November 17 to December 01, 2025, with tentative allotment on December 05, 2025.
Summary
MIRAE ASSET MUTUAL FUND will offer MIRAE ASSET INFRASTRUCTURE FUND as a New Fund Offer (NFO) with Systematic Investment Plan (SIP) facility on the BSE StAR MF Platform from November 17, 2025, to December 01, 2025. The fund includes six scheme variants covering Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. The tentative allotment date is December 05, 2025, with specific payment and settlement requirements outlined for members.
Key Points
- NFO period: November 17, 2025, to December 01, 2025
- Six scheme variants available: Regular Plan and Direct Plan, each with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized as EQUITY with unique ISIN codes
- Tentative allotment date: December 05, 2025
- NFO extended till midnight on December 01, 2025, for lumpsum purchases only
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Clear funds must be available in ICCL Account by 6:00 PM on December 04, 2025
- Cheques and OTM payments acceptable during NFO period subject to fund receipt deadline
- Switches accepted during NFO period only if funds received on or before allotment date
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
Scheme Details
| Scheme Name | Category | ISIN |
|---|---|---|
| MIRAE ASSET INFRASTRUCTURE FUND - REGULAR PLAN - GROWTH | EQUITY | INF769K01PS0 |
| MIRAE ASSET INFRASTRUCTURE FUND - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF769K01PU6 |
| MIRAE ASSET INFRASTRUCTURE FUND - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF769K01PT8 |
| MIRAE ASSET INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH | EQUITY | INF769K01PV4 |
| MIRAE ASSET INFRASTRUCTURE FUND - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF769K01PX0 |
| MIRAE ASSET INFRASTRUCTURE FUND - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF769K01PW2 |
Compliance Requirements
- Members must ensure client-initiated fund transfers by 9:00 AM on T+1 day to avoid cancellation
- Pending transactions will remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
- Clear funds must be credited to ICCL Account by 6:00 PM on December 04, 2025, for unit allotment
- Cheques and OTM payments must result in clear funds in ICCL account by December 04, 2025, at 6:00 PM
- SIP/XSIP registration authentication must be completed before 3:00 PM on December 01, 2025
- Cancelled transactions will be reported to RTA/AMC with CC and N flag
Important Dates
- November 17, 2025: NFO opening date
- December 01, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- December 01, 2025, 3:00 PM: Deadline for SIP/XSIP registration authentication
- December 04, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
- December 05, 2025: Tentative allotment date
Impact Assessment
This circular provides operational information for BSE StAR MF Platform members regarding a new mutual fund offering. The impact is limited to members participating in mutual fund distribution and investors interested in infrastructure-focused equity schemes. The launch follows standard NFO procedures with specific timelines for fund settlement and allotment. Members need to ensure compliance with payment deadlines and transaction processing requirements to facilitate smooth execution of client orders during the NFO period.
Impact Justification
Routine NFO launch notification for mutual fund scheme on BSE platform with standard operational details for members.