Description
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund reopened for ongoing subscription, redemption, SIP, STP, and SWP on BSE StAR MF Platform effective March 5, 2026.
Summary
BSE has informed members that the Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund has been reopened 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 March 5, 2026. This notice references the earlier Notice No. 20260220-41.
Key Points
- Fund reopened for ongoing transactions on BSE StAR MF Platform from March 5, 2026
- Both Regular and Direct plans available across Growth and IDCW (Income Distribution cum Capital Withdrawal) options
- SIP, STP, and SWP facilities are available
- Six scheme variants in total across Regular and Direct plans
Regulatory Changes
No new regulatory changes introduced. This is an operational update following the earlier notice (20260220-41) regarding the reopening of the fund for ongoing transactions.
Compliance Requirements
Members of BSE dealing in mutual funds should update their systems to enable transactions in all six scheme variants of the Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund on the BSE StAR MF Platform.
Important Dates
- Effective Date: March 5, 2026 — Fund reopened for ongoing subscription, redemption, SIP, STP, and SWP
- Circular Date: March 4, 2026
- Reference Notice: 20260220-41
Impact Assessment
This circular has a low market impact as it is a routine operational update enabling investors to transact in an existing debt index mutual fund. The six scheme variants and their ISINs are:
| Sr. No. | Scheme Name | Category | ISIN |
|---|---|---|---|
| 1 | Regular Plan – Growth | DEBT | INF204KC1GO2 |
| 2 | Regular Plan – IDCW Payout | DEBT | INF204KC1GP9 |
| 3 | Regular Plan – IDCW Reinvestment | DEBT | INF204KC1GQ7 |
| 4 | Direct Plan – Growth | DEBT | INF204KC1GR5 |
| 5 | Direct Plan – IDCW Payout | DEBT | INF204KC1GS3 |
| 6 | Direct Plan – IDCW Reinvestment | DEBT | INF204KC1GT1 |
The fund targets short-duration debt instruments (9-12 months) within the financial services sector, tracking the CRISIL-IBX index. Impact is limited to mutual fund participants and investors seeking short-duration debt exposure.
Impact Justification
Routine operational notice about reopening of a debt index mutual fund for ongoing transactions on BSE StAR MF platform; limited to mutual fund investors with no broader market impact.