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. Both Regular and Direct Growth plans are available.

Summary

BSE has notified members that the UTI NIFTY500 SHARIAH INDEX FUND will reopen for ongoing subscription and redemption, along with SIP, STP, and SWP facilities, on the BSE StAR MF Platform effective February 26, 2026. This notice references the earlier Notice No. 20260204-18.

Key Points

  • UTI NIFTY500 SHARIAH INDEX FUND reopens for ongoing transactions from February 26, 2026
  • Both Regular Plan and Direct Plan (Growth option) are available
  • Facilities available: Subscription, Redemption, SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan)
  • Platform: BSE StAR MF
  • ISIN for Regular Plan – Growth: INF789F1AC96
  • ISIN for Direct Plan – Growth: INF789F1AD04

Regulatory Changes

No regulatory changes. This is an operational notice enabling transaction availability for an existing mutual fund scheme on the BSE StAR MF platform.

Compliance Requirements

No specific compliance action required for members. Brokers and distributors using BSE StAR MF should update their systems to reflect the availability of this fund for ongoing transactions from 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 transactions on BSE StAR MF Platform

Impact Assessment

Low market impact. This notice affects investors and distributors dealing in UTI’s Shariah-compliant index fund tracking the NIFTY500 index. The reopening restores normal transactional access to the fund, enabling retail and institutional investors to invest or redeem via BSE StAR MF. No broader market or systemic implications.

Impact Justification

Routine operational notice informing members of a mutual fund scheme reopening for standard ongoing transactions; limited to investors in this specific Shariah-compliant index fund.