Description
UTI NIFTY500 SHARIAH INDEX FUND reopens for ongoing subscription, redemption, SIP, STP, and SWP transactions on BSE StAR MF Platform effective February 26, 2026.
Summary
BSE has informed members that UTI NIFTY500 SHARIAH INDEX FUND will reopen for ongoing subscription and redemption, along with SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities on the BSE StAR MF Platform, effective February 26, 2026. This follows the earlier Notice No. 20260204-18.
Key Points
- UTI NIFTY500 SHARIAH INDEX FUND reopens for ongoing transactions from February 26, 2026
- Available on BSE StAR MF Platform for subscription, redemption, SIP, STP, and SWP
- Two plan variants available: Regular Plan (Growth) and Direct Plan (Growth)
- Both plans are classified under the Equity scheme category
- This is a follow-up to Notice No. 20260204-18
Regulatory Changes
No regulatory changes. This is an operational notice regarding the availability of an existing mutual fund scheme for ongoing transactions on the BSE StAR MF Platform.
Compliance Requirements
No specific compliance requirements for members. Distributors and members operating on BSE StAR MF Platform may update their systems to reflect the availability of these schemes for client transactions effective February 26, 2026.
Important Dates
- February 26, 2026: Effective date for reopening of UTI NIFTY500 SHARIAH INDEX FUND for ongoing subscription, redemption, SIP, STP, and SWP on BSE StAR MF Platform
Impact Assessment
Low market impact. This notice enables investors to transact in UTI NIFTY500 SHARIAH INDEX FUND through the BSE StAR MF Platform, expanding access for Shariah-compliant equity index investing. The two available schemes (Regular and Direct Growth plans, ISINs INF789F1AC96 and INF789F1AD04) cater to investors seeking index-linked, Shariah-compliant equity exposure across the NIFTY 500 universe. No broader market or operational disruption is expected.
Impact Justification
Routine operational notice informing members of the reopening of a mutual fund scheme for ongoing transactions; no regulatory changes or compliance obligations for market participants beyond awareness.