Description
Mirae Asset Nifty Metal ETF FOF reopens for ongoing subscriptions, redemptions, SIP, STP, and SWP on NSE MF Invest Platform effective February 27, 2026.
Summary
NSE has informed all members that the Mirae Asset Nifty Metal ETF Fund of Fund (FOF) offered by Mirae Mutual Fund will be reopened for ongoing subscriptions and redemptions, along with SIP, STP, and SWP facilities, on the NSE MF Invest Platform with effect from February 27, 2026.
Key Points
- Mirae Asset Nifty Metal ETF FOF is being reopened for ongoing transactions on the NSE MF Invest Platform from February 27, 2026.
- Both Direct and Regular plan variants are available across Growth and IDCW (Payout and Reinvestment) options.
- All six scheme variants fall under the Equity category.
- SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities are available.
- Circular issued by Milton Dias (Associate Vice President) and Sagar Vaidya (Senior Manager) on behalf of NSE.
Regulatory Changes
No regulatory changes. This is an operational notification regarding the availability of a mutual fund scheme for transactions on the NSE MF Invest Platform.
Compliance Requirements
No specific compliance requirements for members beyond ensuring their systems are updated to support transactions in the newly reopened schemes on the NSE MF Invest Platform.
Important Dates
- February 27, 2026: Effective date for reopening of Mirae Asset Nifty Metal ETF FOF for ongoing subscriptions, redemptions, SIP, STP, and SWP on NSE MF Invest Platform.
Impact Assessment
This circular has limited market impact and is primarily operational in nature. Investors and distributors using the NSE MF Invest Platform can now transact in all six variants of the Mirae Asset Nifty Metal ETF FOF. The scheme provides exposure to the Nifty Metal index via an ETF FOF structure, which may appeal to investors seeking sectoral metal exposure through a fund-of-funds route. No broad compliance or regulatory implications for market participants.
| Sr. No | Scheme Name | ISIN | Category |
|---|---|---|---|
| 1 | Mirae Asset Nifty Metal ETF FOF - Direct Plan Growth | INF769K01QM1 | Equity |
| 2 | Mirae Asset Nifty Metal ETF FOF - Direct Plan IDCW Payout | INF769K01QO7 | Equity |
| 3 | Mirae Asset Nifty Metal ETF FOF - Direct Plan IDCW Reinvestment | INF769K01QN9 | Equity |
| 4 | Mirae Asset Nifty Metal ETF FOF - Regular Plan Growth | INF769K01QJ7 | Equity |
| 5 | Mirae Asset Nifty Metal ETF FOF - Regular Plan IDCW Payout | INF769K01QL3 | Equity |
| 6 | Mirae Asset Nifty Metal ETF FOF - Regular Plan IDCW Reinvestment | INF769K01QK5 | Equity |
Impact Justification
Routine operational circular notifying reopening of a mutual fund FOF for transactions; no regulatory changes, no compliance obligations for most market participants, and limited broader market impact.