Description
MIRAE ASSET MUTUAL FUND launching MIRAE ASSET BSE INDIA DEFENCE ETF FOF NFO with SIP facility on BSE StAR MF Platform from February 2-16, 2026.
Summary
MIRAE ASSET MUTUAL FUND is launching MIRAE ASSET BSE INDIA DEFENCE ETF FOF (Fund of Fund) as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO will be open from February 2, 2026, to February 16, 2026, offering six plan variants (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options). The tentative allotment date is February 23, 2026.
Key Points
- Six scheme variants available under the NFO covering Regular and Direct plans
- NFO period: February 2-16, 2026
- Tentative allotment date: February 23, 2026
- Extended trading till midnight on February 16, 2026 for lumpsum purchases only
- Clear funds must be available in ICCL Account by 6:00 PM on February 20, 2026
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- SIP/XSIP registration authentication must be completed by 3:00 PM on NFO closure date
Scheme Details
| Sr. No. | Scheme Name | Scheme Category | ISIN | Tentative Allotment Date |
|---|---|---|---|---|
| 1 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - REGULAR PLAN - GROWTH | FOF | INF769K01QD0 | 23-FEB-2026 |
| 2 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - REGULAR PLAN - IDCW PAYOUT | FOF | INF769K01QF5 | 23-FEB-2026 |
| 3 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - REGULAR PLAN - IDCW REINVESTMENT | FOF | INF769K01QE8 | 23-FEB-2026 |
| 4 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - DIRECT PLAN - GROWTH | FOF | INF769K01QG3 | 23-FEB-2026 |
| 5 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - DIRECT PLAN - IDCW PAYOUT | FOF | INF769K01QI9 | 23-FEB-2026 |
| 6 | MIRAE ASSET BSE INDIA DEFENCE ETF FOF - DIRECT PLAN - IDCW REINVESTMENT | FOF | INF769K01QH1 | 23-FEB-2026 |
Regulatory Changes
No regulatory changes. This is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure transactions for which clients have not initiated funds till 9:00 AM on T+1 day will be cancelled and reported to RTA/AMC with CC and N flag
- Pending transactions with initiated payment 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 available in ICCL Account by 6:00 PM on February 20, 2026
- Cheques and OTM payments acceptable during NFO period subject to receipt of clear funds by deadline
- Switches accepted during NFO period only if funds received on or before allotment date
- SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date
Important Dates
- NFO Opening Date: February 2, 2026
- NFO Closing Date: February 16, 2026
- Extended Period for Lumpsum: Till midnight on February 16, 2026
- SIP/XSIP Authentication Deadline: 3:00 PM on February 16, 2026
- Clear Funds Deadline: 6:00 PM on February 20, 2026
- Tentative Allotment Date: February 23, 2026
Impact Assessment
This circular has minimal market impact as it is a routine NFO launch announcement. It provides operational information for BSE StAR MF platform members and investors interested in defence sector exposure through a fund of funds structure. The scheme offers investors exposure to the BSE India Defence ETF through both regular and direct plan options with various dividend and growth variants.
Impact Justification
Routine NFO launch announcement for mutual fund scheme with standard operational procedures for BSE StAR MF platform members