Description
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund will reopen for ongoing subscriptions, redemptions, SIP, STP, and SWP on NSE MF Invest Platform from March 16, 2026.
Summary
NSE has informed all members that the Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund of Nippon India 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, effective March 16, 2026.
Key Points
- Six scheme variants of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund are being made available for ongoing transactions.
- Facilities available: subscriptions, redemptions, SIP, STP, and SWP.
- Platform: NSE MF Invest Platform.
- Effective date: March 16, 2026.
- All six schemes fall under the Debt category.
Regulatory Changes
No regulatory changes. This is an operational update regarding the reopening of a mutual fund scheme for ongoing transactions.
Compliance Requirements
Members are expected to note the availability of these schemes on the NSE MF Invest Platform from March 16, 2026, and update their systems and client offerings accordingly.
Important Dates
- March 16, 2026: Effective date for reopening of the fund for ongoing subscriptions, redemptions, SIP, STP, and SWP on NSE MF Invest Platform.
Impact Assessment
This circular has low market impact. It is a routine operational notice enabling investors to transact in six variants of a debt index fund through the NSE MF Invest platform. The schemes covered are:
| Sr. No | Scheme Name | ISIN | Category |
|---|---|---|---|
| 1 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth | INF204KC1GX3 | Debt |
| 2 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Regular Growth | INF204KC1GU9 | Debt |
| 3 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct IDCW Payout | INF204KC1GY1 | Debt |
| 4 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct IDCW Reinvestment | INF204KC1GZ8 | Debt |
| 5 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Regular IDCW Payout | INF204KC1GV7 | Debt |
| 6 | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Regular IDCW Reinvestment | INF204KC1GW5 | Debt |
Impact Justification
Routine operational notice informing members that a specific debt index mutual fund is reopening for ongoing transactions; limited market-wide impact.