Description
NSE announces availability of Mirae Asset Gold Silver Passive Fund of Funds NFO from August 11-25, 2025 with six scheme variants.
Summary
NSE announces the launch of Mirae Asset Gold Silver Passive Fund of Funds NFO on NSE MF Invest Platform. The NFO will be available for subscription from August 11, 2025 to August 25, 2025 until 11:59 PM, with allotment scheduled for August 29, 2025.
Key Points
- Six scheme variants available: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized under Equity category
- Subscription period: August 11-25, 2025
- Allotment date: August 29, 2025
- Clear funds must be received before NFO closing date
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Members must ensure clear funds are received in designated Clearing Corporation account on or before NFO closing date
- Funds can be received through any payment mode
Important Dates
- NFO Opening: August 11, 2025
- NFO Closing: August 25, 2025 (11:59 PM)
- Allotment Date: August 29, 2025
Impact Assessment
This NFO launch expands investment options for investors seeking exposure to gold and silver through a passive fund of funds structure. The launch enhances NSE’s mutual fund platform offerings and provides diversified precious metals exposure to retail and institutional investors.
Impact Justification
New fund launch provides investment opportunity but has limited immediate market impact