Description

Mirae Asset Nifty 500 HealthCare ETF NFO will be available for subscription on NSE MF Invest Platform from January 27, 2026 to February 06, 2026.

Summary

Mirae Asset Mutual Fund is launching the Mirae Asset Nifty 500 HealthCare ETF as a New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be open for subscription from January 27, 2026 to February 06, 2026 until 11:59 PM. Both Direct Growth and Regular Growth options are available under the same ISIN.

Key Points

  • NFO subscription period: January 27, 2026 to February 06, 2026 (11:59 PM)
  • Two plan options: Direct Growth and Regular Growth
  • Both plans share the same ISIN: INF769K01QA6
  • Category: Equity (Healthcare sector ETF tracking Nifty 500 HealthCare Index)
  • Allotment date: February 10, 2026
  • Clear funds must be received by February 09, 2026 (11:59 PM)
  • Available on NSE MF Invest Platform

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure clear funds are received in the designated Clearing Corporation account on or before February 09, 2026 (11:59 PM)
  • Payments can be made through any accepted payment mode
  • Members must facilitate client transactions during the NFO period

Important Dates

  • January 23, 2026: Circular date
  • January 27, 2026: NFO opens
  • February 06, 2026 (11:59 PM): NFO closes
  • February 09, 2026 (11:59 PM): Deadline for receipt of clear funds
  • February 10, 2026: Allotment date

Impact Assessment

This circular has minimal market-wide impact as it announces a routine NFO launch for a sectoral ETF. The impact is limited to:

  • Investors: Provides a new investment option for gaining exposure to the healthcare sector through the Nifty 500 HealthCare Index
  • NSE Members: Operational requirement to facilitate NFO subscriptions through the NSE MF Invest Platform
  • Market: No direct impact on trading or market operations; adds to the growing universe of sectoral ETF products in India

The healthcare sector ETF may attract investors looking for targeted exposure to pharmaceutical, hospital, and healthcare companies within the Nifty 500 universe.

Impact Justification

Routine NFO launch announcement for a sectoral ETF with limited market-wide impact, relevant primarily to investors interested in healthcare sector exposure