Description
Mirae Asset Nifty Top 20 Equal Weight ETF NFO will be available for transactions on NSE MF Invest Platform from December 02, 2025 to December 10, 2025.
Summary
National Stock Exchange of India has announced the launch of Mirae Asset Nifty Top 20 Equal Weight ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be available for transactions from December 02, 2025 to December 10, 2025 until 11:59 PM. Both Direct Growth and Regular Growth plans will be offered under this scheme with allotment scheduled for December 15, 2025.
Key Points
- NFO transaction period: December 02, 2025 to December 10, 2025 (11:59 PM)
- Two plan options available: Direct Growth (ISIN: INF769K01PZ5) and Regular Growth (ISIN: INF769K01PZ5)
- Category: Equity ETF
- Allotment date: December 15, 2025
- Members must ensure clear funds are received in designated Clearing Corporation account by December 13, 2025 (11:59 PM)
- Circular reference: NSE/NMFTM/71559, Circular No: 1020/2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- NSE members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before December 13, 2025 by 11:59 PM
- Members should make the NFO available to clients on the NSE MF Invest Platform during the specified transaction period
Important Dates
- December 01, 2025: Circular date
- December 02, 2025: NFO opening date
- December 10, 2025 (11:59 PM): NFO closing date
- December 13, 2025 (11:59 PM): Deadline for clear funds receipt in Clearing Corporation account
- December 15, 2025: Allotment date
Impact Assessment
Market Impact: Low - This is a routine NFO launch for an equity ETF product. It provides investors with a new passive investment option tracking the Nifty Top 20 index with equal weighting methodology.
Operational Impact: Low - Standard NFO operations for NSE members participating in the MF Invest Platform. No changes to existing processes or systems required.
Investor Impact: Provides investors access to a new ETF product offering equal-weighted exposure to top 20 Nifty stocks, offering an alternative to market-cap weighted indices. The NFO is available through both direct and regular plan routes.
Impact Justification
Routine NFO launch notification for ETF product. Standard operational circular for mutual fund platform with no regulatory changes or compliance impact.