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NOTICES |
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Notice No. |
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20241209-18 |
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Notice Date |
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09 Dec 2024 |
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Category |
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Trading |
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Segment |
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Mutual Fund |
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Subject |
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Availability of NIPPON INDIA NIFTY AUTO INDEX FUND for ongoing transactions on BSE StAR MF Platform |
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Content |
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With reference to our Notice No. 20241113-47, MFIs/MFDs/RFIs/RFDs/RIAs are hereby informed that NIPPON INDIA NIFTY AUTO INDEX FUND has been reopening for ongoing subscription and redemption along with SIP, STP & SWP facility on BSE StAR MF Platform with effect from December 10, 2024.
The details of the schemes are as below:
Sr. No.
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Scheme Name
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Scheme Category
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ISIN
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1
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NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-GROWTH
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EQUITY
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INF204KC1EE8
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2
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NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN-GROWTH
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EQUITY
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INF204KC1EB4
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3
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NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-IDCW PAYOUT
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EQUITY
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INF204KC1EF5
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4
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NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-IDCW REINVESTMENT
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EQUITY
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INF204KC1EG3
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5
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NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN-IDCW PAYOUT
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EQUITY
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INF204KC1EC2
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6
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NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN -IDCW REINVESTMENT
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EQUITY
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INF204KC1ED0
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Further, as intimated by NIPPON INDIA AMC, SIP/XSIP/ISIP investment amount range and requirement of minimum installment numbers for above schemes are as below:
SIP FREQUENCY
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SIP INVESTMENT AMOUNT RANGE
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MINIMUM NUMBER OF INSTALLMENT
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MONTHLY
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Rs. 100 to Rs. 499
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60
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Rs. 500 to Rs. 999
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12
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Rs. 1000 to any amount
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6
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QUARTERLY
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Rs. 500 to Rs. 1499
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12
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Rs. 1500 to any amount
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4
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DAILY
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Rs. 100 to Rs. 499
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90
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Rs. 500 to any amount
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30
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MFIs/MFDs/RIAs/RFDs are also hereby informed that, as confirm by NIPPON INDIA AMC if SIP’s gets registered on BSE StAR MF platform for Daily/Monthly frequency between above investment amount range, then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC/RTA end.
Ketan Jantre Mahesh Tare
Head - Trading Operations Manager – Mutual Funds |
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