Description
Nippon India Nifty India Manufacturing Index Fund NFO will be available for transactions on NSE MF Invest Platform from August 06, 2025 to August 20, 2025.
Summary
NSE announces the launch of Nippon India Nifty India Manufacturing Index Fund NFO on the NSE MF Invest Platform. The NFO will be available for transactions from August 06, 2025 to August 20, 2025, with allotment scheduled for August 26, 2025.
Key Points
- Six variants of the fund will be available: Growth, Direct-Growth, Direct-IDCW Payout, Direct-IDCW Reinvestment, IDCW Payout, and IDCW Reinvestment
- All variants are categorized as Equity funds
- Each variant has a unique ISIN code
- Clear funds must be received in designated Clearing Corporation account on or before NFO closing date
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before NFO closing date
Important Dates
- NFO Opening: August 06, 2025
- NFO Closing: August 20, 2025
- Allotment Date: August 26, 2025
Impact Assessment
Minimal market impact as this is a routine NFO launch. Provides investors with new investment option in manufacturing sector through index fund route. No impact on existing securities or trading operations.
Impact Justification
Routine NFO launch announcement with no regulatory changes or compliance requirements