Description
NSE postpones NMF platform migration from July 31 to August 22, 2025, with no further extensions granted.
Summary
NSE has postponed the final migration date for its revamped NMF (NSE Mutual Fund) platform from July 31, 2025 to August 22, 2025, following multiple representations from members. This is the final extension with no further delays permitted.
Key Points
- Migration date postponed from July 31, 2025 to August 22, 2025
- No further extensions will be granted beyond August 22, 2025
- Existing user interface, file formats, API specifications and reports will be discontinued
- Members must migrate to NSE MF Invest APIs
- UAT environment available for testing
Regulatory Changes
- Complete discontinuation of current NMF platform interface and specifications
- Mandatory migration to new NSE MF Invest platform
- New API specifications must be implemented by all connecting members
Compliance Requirements
- All members connecting via API (in-house or through software vendors) must complete development and ensure compliance with NSE MF Invest APIs by August 22, 2025
- Mutual Fund Distributors, Registered Investment Advisors, and PMS providers must migrate to new platform
- Members requiring UAT access should contact NSE support
Important Dates
- August 22, 2025: Final migration deadline (no further extensions)
- February 7, 2025: Initial announcement via circular 386/2025
- June 30, 2025: Previous communication via circular 686/2025
Impact Assessment
- High operational impact on all mutual fund ecosystem participants
- System disruption risk for members not completing migration on time
- Business continuity concerns given firm deadline with no extensions
- Technical implementation pressure on API-dependent members and software vendors
- Support resources available through toll-free number and email for UAT environment access
Impact Justification
Platform migration affects all mutual fund distributors, investment advisors, and PMS providers with mandatory compliance deadline