Description
HDFC Mutual Fund launches Nifty India Consumption Index Fund NFO on NSE MF Invest Platform, available for subscription from February 04-13, 2026.
Summary
HDFC Mutual Fund is launching the HDFC Nifty India Consumption Index Fund as a New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be available for subscription from February 04, 2026 to February 13, 2026 until 11:59 PM. Two variants are being offered - Regular Growth and Direct Growth, both categorized as Equity schemes with allotment scheduled for February 18, 2026.
Key Points
- NFO subscription period: February 04-13, 2026 (till 11:59 PM)
- Two scheme variants offered: Regular Growth (ISIN: INF179KC1JZ3) and Direct Growth (ISIN: INF179KC1KA4)
- Both schemes categorized as Equity funds
- Allotment date: February 18, 2026
- Clear funds must be received in designated Clearing Corporation account by February 18, 2026 at 11:59 PM
- Schemes available on NSE MF Invest Platform
Regulatory Changes
No regulatory changes introduced. This is a new product launch notification.
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before February 18, 2026 at 11:59 PM
- Members required to facilitate transactions for the NFO during the subscription period
Important Dates
- NFO Opens: February 04, 2026
- NFO Closes: February 13, 2026 (11:59 PM)
- Allotment Date: February 18, 2026
- Funds Payment Deadline: February 18, 2026 (11:59 PM)
Impact Assessment
This is a routine NFO launch with minimal market impact. The circular is informational in nature, notifying NSE members about the availability of a new index fund tracking the Nifty India Consumption Index. The launch expands product offerings on the NSE MF Invest Platform but does not affect existing securities, trading operations, or compliance frameworks. Impact is limited to members who choose to facilitate client investments in this specific NFO.
Impact Justification
Routine NFO launch notification for mutual fund scheme with limited immediate market impact