Description
NSE introduces daily frequency option for Systematic Investment Plans (SIP) for Wealth Mutual Fund schemes on the NSE MF Invest Platform with immediate effect.
Summary
The National Stock Exchange of India has introduced a Daily frequency option under Systematic Investment Plans (SIP) for Wealth Mutual Fund on the NSE MF Invest Platform. This enhancement is effective immediately as per communication received from Wealth Mutual Fund, expanding investment flexibility for members and investors on the platform.
Key Points
- Daily SIP frequency now available for Wealth Mutual Fund schemes
- Implementation is effective immediately from February 02, 2026
- Change applies to NSE MF Invest Platform
- Notice cum addendum issued by Wealth Mutual Fund attached to circular
- Circular reference number: 1160/2026
- Download reference: NSE/NMFTM/72571
Regulatory Changes
No regulatory changes. This is an operational enhancement to the investment platform, introducing a new frequency option (Daily) for SIP investments in addition to existing frequencies.
Compliance Requirements
No specific compliance requirements for members. This is an informational circular notifying members about the availability of the new Daily SIP frequency option for Wealth Mutual Fund schemes on the platform.
Important Dates
- Circular Date: February 02, 2026
- Effective Date: Immediate effect from February 02, 2026
Impact Assessment
Investor Impact: Positive enhancement providing investors with greater flexibility in their investment frequency. Daily SIP allows for more granular investment scheduling compared to traditional weekly, monthly, or quarterly options.
Platform Impact: Minimal operational impact. The NSE MF Invest Platform now supports an additional SIP frequency option for Wealth Mutual Fund schemes.
Market Impact: Negligible market-wide impact. This is a platform-specific enhancement affecting only investors choosing to use Daily SIP for Wealth Mutual Fund schemes.
Impact Justification
Operational enhancement for mutual fund investment platform allowing daily SIP frequency. Benefits investors seeking more frequent investment options but does not affect trading, compliance requirements, or have broader market impact.