Description
UTI Nifty500 Shariah Index Fund reopens for ongoing subscriptions, redemptions, and SIP/STP/SWP on NSE MF Invest Platform effective February 26, 2026.
Summary
NSE has informed all members that the UTI Nifty500 Shariah Index Fund of UTI Mutual Fund will be reopened for ongoing subscriptions and redemptions, along with SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities on the NSE MF Invest Platform with effect from February 26, 2026.
Key Points
- UTI Nifty500 Shariah Index Fund reopens for ongoing transactions on NSE MF Invest Platform from February 26, 2026.
- Both Direct Growth and Regular Growth plan variants are available.
- Facilities available: subscriptions, redemptions, SIP, STP, and SWP.
- Circular issued by NSE’s NMF TM Segment (Ref No: NSE/NMFTM/72978, Circular Ref. No: 1221/2026).
Regulatory Changes
No regulatory changes. This is an operational notification regarding the reopening of an existing mutual fund scheme for ongoing transactions.
Compliance Requirements
No specific compliance requirements for members. Members are informed to facilitate client transactions in the UTI Nifty500 Shariah Index Fund through the NSE MF Invest Platform from the effective date.
Important Dates
- February 26, 2026: Effective date for reopening of UTI Nifty500 Shariah Index Fund for ongoing subscriptions, redemptions, and SIP/STP/SWP on NSE MF Invest Platform.
Impact Assessment
Limited market impact. This circular enables investors to transact in the UTI Nifty500 Shariah Index Fund through the NSE MF Invest Platform. The two scheme variants are:
| Sr. No | Scheme Name | ISIN | Category |
|---|---|---|---|
| 1 | UTI Nifty500 Shariah Index Fund Direct Growth | INF789F1AD04 | Equity |
| 2 | UTI Nifty500 Shariah Index Fund Regular Growth | INF789F1AC96 | Equity |
This affects investors seeking Shariah-compliant equity index exposure via the Nifty500 universe. No systemic market or compliance impact anticipated.
Impact Justification
Routine operational circular informing members about the reopening of a mutual fund scheme for ongoing transactions; no regulatory changes or compliance obligations involved.