MFIs/MFDs/RIAs/RFDs are hereby informed that MIRAE Mutual Fund will be offering MIRAE ASSET NIFTY METAL ETF - NFO with effect from September 20, 2024, to September 30, 2024, on BSE StAR MF Platform.
The scheme details are given below:
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Sr. No.
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Scheme Name
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Scheme Category
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Tentative Allotment date
|
|
1
|
MIRAE ASSET NIFTY METAL ETF
|
Equity
|
3-Oct-24
|
|
2
|
MIRAE ASSET NIFTY METAL ETF - DIRECT PLAN
|
Equity
|
3-Oct-24
|
MFIs/MFDs/RIAs/RFDs are also hereby informed that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which the client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on October 03, 2024, hence the clear funds must be available in ICCL Account by 6:00 pm on September 30, 2024.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on September 30, 2024, to avail the allotment of units under MIRAE ASSET NIFTY METAL ETF- NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date (Refer switch out scheme payout TAT in scheme master) then same will not be considered for allotment at AMC/RTA end.
Ketan Jantre Mahesh Tare
Head - Trading Operations Manager – Mutual Funds |