Description
Mirae Asset BSE India Defence ETF NFO will be available for subscription on NSE MF Invest Platform from February 02, 2026 to February 10, 2026.
Summary
National Stock Exchange has announced the launch of Mirae Asset BSE India Defence ETF New Fund Offering (NFO) on the NSE MF Invest Platform. The NFO will be open for subscription from February 02, 2026 to February 10, 2026 until 11:59 PM, with allotment scheduled for February 13, 2026.
Key Points
- Two plan options available: Direct Growth (ISIN: INF769K01QC2) and Regular Growth (ISIN: INF769K01QC2)
- NFO category: Equity
- Subscription period: February 02, 2026 to February 10, 2026 (11:59 PM)
- Allotment date: February 13, 2026
- Members must ensure clear funds are received in designated Clearing Corporation account by February 12, 2026 (11:59 PM)
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Exchange members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before February 12, 2026 at 11:59 PM
- Members should facilitate investor transactions during the NFO period
Important Dates
- NFO Start Date: February 02, 2026
- NFO End Date: February 10, 2026 (11:59 PM)
- Fund Settlement Deadline: February 12, 2026 (11:59 PM)
- Allotment Date: February 13, 2026
Impact Assessment
This is a routine NFO launch announcement with minimal market impact. The circular provides information for exchange members to facilitate investor participation in a new defence sector-focused ETF. The fund targets the defence sector theme, offering investors exposure to companies in India’s defence industry through the BSE India Defence Index.
Impact Justification
Routine NFO launch announcement for a sector-specific ETF with limited market-wide impact