Description
Nippon India Nifty India Manufacturing Index Fund will be available for ongoing subscriptions, redemptions, SIP, STP, and SWP facilities on NSE MF Invest Platform from August 29, 2025.
Summary
NSE has announced that the Nippon India Nifty India Manufacturing Index Fund will be reopened for ongoing transactions on the NSE MF Invest Platform effective August 29, 2025. The fund will offer subscriptions, redemptions, and systematic investment facilities across six scheme variants.
Key Points
- Fund reopening for ongoing transactions on NSE MF Invest Platform
- Available facilities: subscriptions, redemptions, SIP, STP, and SWP
- Six scheme variants available covering Growth and IDCW options
- Both regular and direct plans offered
- All schemes categorized as Equity funds
Regulatory Changes
No regulatory changes introduced. This is an operational update regarding fund availability.
Compliance Requirements
Members should be aware of the fund’s availability for client transactions starting August 29, 2025.
Important Dates
- August 29, 2025: Effective date for fund availability on NSE MF Invest Platform
Impact Assessment
Minimal market impact. This is a routine operational update that expands investment options for clients interested in manufacturing sector exposure through index funds. The availability of systematic investment facilities enhances accessibility for retail investors.
Impact Justification
Routine mutual fund operational update with limited market impact