Description
Mirae Asset Nifty SmallCap 250 ETF NFO will be available for subscription on NSE MF Invest Platform from October 31 to November 04, 2025.
Summary
NSE has announced the launch of Mirae Asset Nifty SmallCap 250 ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be open for subscription from October 31, 2025 to November 04, 2025 until 11:59 PM. Both Direct Plan and Regular Plan variants are being offered under the same ISIN.
Key Points
- NFO subscription period: October 31, 2025 to November 04, 2025 (11:59 PM)
- Fund: Mirae Asset Nifty SmallCap 250 ETF
- Two plan options available: Direct Plan and Regular Plan
- Both plans share the same ISIN: INF769K01PQ4
- Category: Equity ETF
- Allotment date: November 07, 2025
- Available on NSE MF Invest Platform
Regulatory Changes
No regulatory changes introduced 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 November 06, 2025, till 11:59 PM
- Subscription transactions must be processed through NSE MF Invest Platform during the NFO period
Important Dates
- October 31, 2025: NFO opening date
- November 04, 2025 (11:59 PM): NFO closing date
- November 06, 2025 (11:59 PM): Deadline for clear funds in Clearing Corporation account
- November 07, 2025: Allotment date
Impact Assessment
This is a routine NFO launch with minimal market impact. It provides investors with a new ETF option to gain exposure to the Nifty SmallCap 250 index through Mirae Asset Mutual Fund. The offering expands the ETF universe on NSE but does not affect existing market operations or trading activities. Members need to ensure timely fund settlement for client subscriptions.
Impact Justification
Routine NFO launch announcement for an ETF product with limited immediate market impact