Description
Nippon India Multi Asset Active FOF renamed to Nippon India Multi - Asset Omni FOF effective August 29, 2025.
Summary
NSE has informed all members about a scheme name change for Nippon India Mutual Fund. The scheme “Nippon India Multi Asset Active FOF” will be renamed to “Nippon India Multi - Asset Omni FOF” effective August 29, 2025, on the NSE MF Invest platform.
Key Points
- Scheme name change from “Nippon India Multi Asset Active FOF” to “Nippon India Multi - Asset Omni FOF”
- Change applies to NSE MF Invest platform
- All other terms and conditions remain unchanged
- Notice cum addendum issued by Nippon India Mutual Fund attached
Regulatory Changes
The name change is pursuant to SEBI & AMFI Communication dated June 30, 2025 regarding “Framework for launching of Fund of Fund (FOF) Schemes with multiple underlying funds”. All AMCs were advised to align/re-categorize their existing FOFs as per the Framework.
Compliance Requirements
Members need to be aware of the new scheme name for transactions on the NSE MF Invest platform from August 29, 2025 onwards.
Important Dates
- Effective Date: August 29, 2025
- Circular Date: August 28, 2025
- Addendum Date: August 26, 2025
Impact Assessment
Minimal impact as this is purely an administrative name change. The scheme’s investment objective, strategy, and all other terms remain identical. Existing investors are not affected operationally, only the scheme name changes for identification purposes on the platform.
Impact Justification
Administrative scheme name change with no operational impact on investors