Description
Aditya Birla Sun Life BSE Top 10 Banks ETF NFO is available for transactions on NSE MF Invest Platform from February 23 to February 25, 2026, with allotment on February 27, 2026.
Summary
NSE has informed all members that the Aditya Birla Sun Life BSE Top 10 Banks ETF NFO from Aditya Birla Mutual Fund will be available for transactions on the NSE MF Invest Platform from February 23, 2026 to February 25, 2026. The scheme tracks the BSE Top 10 Banks index and is available in both Direct and Normal plan variants. Units will be allotted on February 27, 2026.
Key Points
- NFO subscription window: February 23, 2026 to February 25, 2026
- Two plan variants offered: Direct Plan (ISIN: INF209KC1670) and Normal Plan (ISIN: INF209KC1670)
- Both plans categorized under Equity
- Allotment date: February 27, 2026
- Clear funds must be received in the designated Clearing Corporation account by February 25, 2026 at 11:59 PM
- Platform: NSE MF Invest Platform
- Fund house: Aditya Birla Mutual Fund
Regulatory Changes
No regulatory changes introduced. This is a product launch notification under the existing NSE MF Invest Platform framework.
Compliance Requirements
- Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before February 25, 2026 by 11:59 PM.
- Members must facilitate investor transactions within the stipulated NFO window.
Important Dates
- February 23, 2026: NFO opens on NSE MF Invest Platform
- February 25, 2026: NFO closes; clear funds deadline at 11:59 PM
- February 27, 2026: Allotment date for both Direct and Normal plan units
Impact Assessment
This NFO provides investors with a new equity ETF product focused on the top 10 banking sector stocks as per the BSE index. The short 3-day subscription window requires members to act promptly to facilitate investor participation. The banking sector focus may attract investors seeking targeted exposure to large-cap bank stocks. No broader market or systemic impact is expected from this launch.
Impact Justification
Routine NFO launch announcement for a new banking sector ETF on the NSE MF Invest Platform; relevant to mutual fund distributors and investors interested in banking ETFs but limited systemic market impact.