Description

NSE informs members that the ISIN for LIC MF Gold ETF (LICMFGOLD) will change effective March 06, 2026, due to a sub-division of unit face value from Rs. 100 to Re. 1.

Summary

NSE has notified all members that the ISIN code for LIC MF Gold Exchange Traded Fund (symbol: LICMFGOLD), managed by LIC Mutual Fund Asset Management Limited, will be changed effective March 06, 2026. The change is a result of a sub-division of the unit face value from Rs. 100/- to Re. 1/-.

Key Points

  • ISIN change applies to LIC MF Gold Exchange Traded Fund (LICMFGOLD)
  • New ISIN: INF767K01SM1
  • Change is due to a sub-division of unit face value from Rs. 100/- to Re. 1/-
  • New ISIN is effective for all trades on and from the ex-date of March 06, 2026
  • Circular issued by NSE Listing Department under Ref No: NSE/CML/73115

Regulatory Changes

The ISIN code for LICMFGOLD is being updated as a consequence of a corporate action (sub-division). The old ISIN will be replaced by INF767K01SM1, and all post-ex-date trades must reference the new ISIN.

Compliance Requirements

  • All NSE members must update their systems to use the new ISIN (INF767K01SM1) for LICMFGOLD from March 06, 2026 onwards
  • Custodians, depositories, and back-office systems should be updated before the ex-date to avoid settlement failures
  • Trades executed on or after March 06, 2026 must reference the new ISIN

Important Dates

  • Circular Date: March 04, 2026
  • Ex-Date / Effective Date: March 06, 2026 (new ISIN applicable for all trades from this date)

Impact Assessment

This change has a moderate operational impact on members and custodians holding or trading LIC MF Gold ETF. Systems referencing the old ISIN must be updated before the ex-date to ensure seamless settlement. The sub-division increases the number of units per holder proportionally (100:1 ratio), making the ETF more accessible to retail investors at a lower per-unit price. No disruption to trading continuity is expected if systems are updated in time.

Impact Justification

Operational change affecting ISIN for a single ETF due to unit sub-division; directly impacts traders and custodians holding or trading LICMFGOLD from the ex-date.