Description
NSE announces listing of Nippon India Nifty India Manufacturing ETF units effective August 29, 2025 with trading symbol MANUFGBEES.
Summary
NSE has approved the listing of units of Nippon India Nifty India Manufacturing ETF issued by Nippon Life India Asset Management Limited. The ETF will commence trading on August 29, 2025 under the symbol MANUFGBEES with ISIN INF204KC1GH6.
Key Points
- ETF Symbol: MANUFGBEES
- Total Units Issued: 602,959
- Face Value: Rs. 10 per unit
- Issue Price: Rs. 143.76 per unit
- Market Lot Size: 1 unit
- Date of Allotment: August 26, 2025
- Trading Effective Date: August 29, 2025
Market Makers
- A.K. Stockmart Private Limited
- Alphagrep Securities
- East India Securities Limited
- IIFL Securities Limited
- Kanjalochana Finserve Private Limited
- Kotak Securities Limited
- Parwati Capital
- Vaibhav Stock
- Zanskar Securities Private Limited
- Irage Broking Services LLP
Important Dates
- August 26, 2025: Date of allotment
- August 29, 2025: Trading commencement date
Impact Assessment
The listing of this manufacturing sector ETF provides investors with a new passive investment vehicle to gain exposure to India’s manufacturing sector through the Nifty India Manufacturing Index. The ETF offers diversified exposure at a relatively accessible price point with multiple market makers ensuring liquidity.
Impact Justification
New ETF listing provides investment option in manufacturing sector but limited immediate market impact