Description

NSE announces face value and paid-up value split of Quantum Nifty 50 ETF (QNIFTY) from Rs. 10 to Re. 1, effective February 13, 2026.

Summary

The National Stock Exchange of India has announced a face value split for the Quantum Nifty 50 ETF (Symbol: QNIFTY) managed by Quantum Asset Management Company Private Limited. The face value and paid-up value will be reduced from Rs. 10 to Re. 1, representing a 1:10 split ratio, effective from February 13, 2026.

Key Points

  • ETF affected: Quantum Nifty 50 ETF (QNIFTY)
  • Current face value and paid-up value: Rs. 10
  • New face value and paid-up value: Re. 1
  • Split ratio: 1:10 (each unit will be split into 10 units)
  • Asset Management Company: Quantum Asset Management Company Private Limited
  • Circular issued by: Ruchi Jaiswal, Manager, NSE Listing Department

Regulatory Changes

No regulatory framework changes. This is a corporate action involving denomination change of ETF units.

Compliance Requirements

  • Exchange members must update their systems to reflect the new face value and paid-up value
  • Trading and settlement systems must be adjusted to accommodate the split
  • Investor portfolios will automatically reflect the increased number of units at proportionately reduced price

Important Dates

  • Circular Issue Date: February 04, 2026
  • Effective Date: February 13, 2026

Impact Assessment

Market Impact: The face value split will make the ETF units more affordable for retail investors by reducing the per-unit price to one-tenth of the current value. Existing investors will hold 10 units for every 1 unit previously held, with no change to their total investment value.

Liquidity Impact: Lower per-unit price typically enhances liquidity and makes the ETF more accessible to smaller investors, potentially increasing trading volumes.

Investor Impact: This is a neutral corporate action for existing unitholders - while the number of units increases 10-fold, the per-unit price decreases proportionately, maintaining the same total investment value. No action is required from investors as the adjustment happens automatically.

Impact Justification

Face value split is a technical corporate action affecting ETF unit holders. Medium impact due to price adjustment and potential liquidity improvement, but no material change to investment value.