Description
UTI Mutual Fund launches UTI Nifty500 Shariah Index Fund NFO available for subscription on NSE MF Invest Platform from February 05, 2026 to February 18, 2026.
Summary
NSE announces the launch of UTI Nifty500 Shariah Index Fund New Fund Offer (NFO) by UTI Mutual Fund on the NSE MF Invest Platform. The NFO will be open for subscription from February 05, 2026 to February 18, 2026 until 11:59 PM, with allotment scheduled for February 23, 2026.
Key Points
- Two plan options available: Direct Growth (ISIN: INF789F1AD04) and Regular Growth (ISIN: INF789F1AC96)
- Both plans categorized as Equity schemes
- NFO subscription period: February 05, 2026 to February 18, 2026 (11:59 PM)
- Allotment date: February 23, 2026
- Funds must be received in designated Clearing Corporation account by February 23, 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 through any payment mode are received in the designated Clearing Corporation account on or before February 23, 2026 11:59 PM
- Standard NFO subscription and settlement procedures apply
Important Dates
- NFO Opening Date: February 05, 2026
- NFO Closing Date: February 18, 2026 (11:59 PM)
- Funds Payment Deadline: February 23, 2026 (11:59 PM)
- Allotment Date: February 23, 2026
Impact Assessment
This circular has minimal market-wide impact as it pertains to the launch of a new mutual fund scheme. The impact is limited to:
- Investors seeking Shariah-compliant equity investment options with exposure to Nifty500 Shariah Index
- NSE members and distributors offering mutual fund products on the NSE MF Invest Platform
- UTI Mutual Fund’s product portfolio expansion
The NFO provides an additional investment avenue for investors preferring Shariah-compliant index-based equity investments but does not affect existing market operations or trading activities.
Impact Justification
Routine NFO launch notification for a new mutual fund scheme with limited market-wide impact, relevant primarily to investors interested in Shariah-compliant investments