Description
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund NFO will be available on NSE MF Invest Platform from February 23-25, 2026, with allotment on March 2, 2026.
Summary
NSE has informed its members that the Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, a new fund offer (NFO) by Nippon India Mutual Fund, will be available for transactions on the NSE MF Invest Platform from February 23, 2026 to February 25, 2026. Allotment is scheduled for March 2, 2026.
Key Points
- NFO subscription window: February 23, 2026 to February 25, 2026
- Six scheme variants available across Direct/Regular and Growth/IDCW Payout/IDCW Reinvestment options
- All schemes categorized as Debt with allotment date of March 2, 2026
- Clear funds must be received in the designated Clearing Corporation account by February 27, 2026 at 5:00 PM
- Platform: NSE MF Invest Platform
Regulatory Changes
No regulatory changes. This is a standard NFO availability notification on the NSE MF Invest Platform.
Compliance Requirements
- Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before February 27, 2026 at 5:00 PM.
Important Dates
- February 23, 2026: NFO subscription opens on NSE MF Invest Platform
- February 25, 2026: NFO subscription closes
- February 27, 2026, 5:00 PM: Deadline for clear funds to reach the Clearing Corporation account
- March 2, 2026: Allotment date for all six scheme variants
Impact Assessment
This is a routine NFO launch notification with minimal market impact. The six scheme variants are:
| Sr. No | Scheme Name | ISIN |
|---|---|---|
| 1 | Direct Growth Plan | INF204KC1GR5 |
| 2 | Growth Plan | INF204KC1GO2 |
| 3 | Direct IDCW Payout | INF204KC1GS3 |
| 4 | Direct IDCW Reinvestment | INF204KC1GT1 |
| 5 | IDCW Payout | INF204KC1GP9 |
| 6 | IDCW Reinvestment | INF204KC1GQ7 |
The fund tracks the CRISIL-IBX Financial Services 9-12 Months Debt Index, targeting short-duration debt securities in the financial services sector. Impact is limited to mutual fund distributors and investors on the NSE MF Invest Platform.
Impact Justification
Routine NFO launch notification for a debt index fund on the NSE MF Invest Platform; limited to specific mutual fund investors with no broad market impact.