Description
Mirae Asset Nifty 500 Value 50 ETF NFO will be available for transactions on NSE MF Invest Platform from March 09 to March 16, 2026, with allotment on March 20, 2026.
Summary
NSE has informed members that the Mirae Asset Nifty 500 Value 50 ETF NFO by Mirae Asset Mutual Fund will be available for transactions on the NSE MF Invest Platform from March 09, 2026 to March 16, 2026 (till 11:59 PM). Allotment is scheduled for March 20, 2026.
Key Points
- NFO subscription window: March 09, 2026 to March 16, 2026 (till 11:59 PM)
- Two plans available: Direct Plan (ISIN: INF769K01QV2) and Regular Plan (ISIN: INF769K01QV2)
- Both plans are categorized under Equity
- Allotment date: March 20, 2026
- Clear funds must be received in the designated Clearing Corporation account by March 19, 2026 (11:59 PM)
Regulatory Changes
No regulatory changes. This is a standard NFO launch notification.
Compliance Requirements
- Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before March 19, 2026 at 11:59 PM.
Important Dates
- March 09, 2026: NFO subscription opens on NSE MF Invest Platform
- March 16, 2026 (11:59 PM): NFO subscription closes
- March 19, 2026 (11:59 PM): Deadline for clear funds in Clearing Corporation account
- March 20, 2026: Allotment date for both Direct and Regular Plans
Impact Assessment
This circular has limited broader market impact. It is relevant to NSE members and distributors who facilitate mutual fund transactions on the NSE MF Invest Platform. Investors interested in gaining exposure to the Nifty 500 Value 50 index through an ETF structure now have a new product available. The short subscription window (one week) requires prompt action from members to ensure timely fund collection.
Impact Justification
Routine NFO launch announcement for a new ETF on NSE MF Invest Platform; limited market-wide impact, relevant primarily to distributors and investors in mutual funds.