Description

Mirae Mutual Fund's Platinum Hybrid Long-Short Fund under Specialized Investment Fund (SIF) category will be available for transactions on NSE MF Invest Platform from May 20 to June 3, 2026.

Summary

NSE has informed its members that Mirae Mutual Fund’s Platinum Hybrid Long-Short Fund, classified under the Specialized Investment Fund (SIF) category, will be available for transactions on the NSE MF Invest Platform from May 20, 2026 to June 3, 2026 (till 11:59 PM). Allotment is scheduled for June 10, 2026, and clear funds must be received by June 9, 2026.

Key Points

  • Fund: Platinum Hybrid Long-Short Fund (Mirae Mutual Fund) under Specialized Investment Fund (SIF)
  • Transaction window: May 20, 2026 to June 3, 2026 (11:59 PM)
  • Six scheme variants available across Direct and Regular plans
  • All six variants fall under the Equity category
  • Allotment date: June 10, 2026
  • Payment deadline: June 9, 2026 (11:59 PM) via Clearing Corporation account

Regulatory Changes

No regulatory changes. This circular is an operational notice announcing the availability of a new Specialized Investment Fund (SIF) on the NSE MF Invest Platform.

Compliance Requirements

  • Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before June 9, 2026 at 11:59 PM.
  • Members facilitating transactions must adhere to the NFO window dates (May 20 – June 3, 2026).

Important Dates

  • May 20, 2026: NFO transaction window opens on NSE MF Invest Platform
  • June 3, 2026 (11:59 PM): NFO transaction window closes
  • June 9, 2026 (11:59 PM): Deadline for clear funds to reach Clearing Corporation account
  • June 10, 2026: Allotment date for all six scheme variants

Impact Assessment

This circular is relevant to NSE members who facilitate mutual fund transactions on the NSE MF Invest Platform. The launch introduces a new hybrid long-short SIF product from Mirae Mutual Fund with six plan variants, offering investors options across Direct/Regular plans and Growth/IDCW Payout/IDCW Reinvestment sub-options. The impact is moderate — it expands the product universe available on the platform but does not affect trading rules, compliance frameworks, or existing securities.

Impact Justification

New fund launch on NSE MF Invest platform for a Specialized Investment Fund category; relevant to members facilitating mutual fund transactions but limited to a specific NFO window.