Description
DSP Nifty Midcap 150 ETF New Fund Offer (NFO) available for subscription on NSE MF Invest Platform from November 24, 2025 to December 08, 2025.
Summary
NSE has announced the launch of DSP Nifty Midcap 150 ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be available for subscription from November 24, 2025 to December 08, 2025 (until 11:45 PM). Two variants are being offered: Direct Growth and Regular Growth options, both tracking the Nifty Midcap 150 index.
Key Points
- NFO subscription period: November 24, 2025 to December 08, 2025 (till 11:45 PM)
- Two scheme variants: DSP Nifty Midcap 150 ETF - Direct Growth and Regular Growth
- Both schemes share ISIN: INF740KA1WW5
- Category: Equity ETF
- Allotment date: December 12, 2025
- Fund house: DSP Mutual Fund
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 December 11, 2025 (till 11:59 PM)
- Transactions must be processed through NSE MF Invest Platform during the specified NFO period
Important Dates
- NFO Start Date: November 24, 2025
- NFO End Date: December 08, 2025 (till 11:45 PM)
- Fund Payment Deadline: December 11, 2025 (till 11:59 PM)
- Allotment Date: December 12, 2025
Impact Assessment
This is a routine NFO launch with minimal market impact. The introduction of a Nifty Midcap 150 ETF provides investors with another passive investment option for midcap exposure. Members of NSE MF Invest Platform can facilitate client investments in this new product. The impact is limited to mutual fund distribution channels and does not affect broader market operations or trading activities.
Impact Justification
Routine NFO launch announcement for a mutual fund product with limited direct market impact