Notice No20241209-18Notice Date09 Dec 2024
CategoryTradingSegmentMutual Fund
SubjectAvailability of NIPPON INDIA NIFTY AUTO INDEX FUND for ongoing transactions on BSE StAR MF Platform
Content

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.

Scheme Name

Scheme Category

ISIN

1

NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-GROWTH

EQUITY

INF204KC1EE8

2

NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN-GROWTH

EQUITY

INF204KC1EB4

3

NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-IDCW PAYOUT

EQUITY

INF204KC1EF5

4

NIPPON INDIA NIFTY AUTO INDEX FUND-DIRECT PLAN-IDCW REINVESTMENT

EQUITY

INF204KC1EG3

5

NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN-IDCW PAYOUT

EQUITY

INF204KC1EC2

6

NIPPON INDIA NIFTY AUTO INDEX FUND-REGULAR PLAN -IDCW REINVESTMENT

EQUITY

INF204KC1ED0

 

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

SIP INVESTMENT AMOUNT RANGE

MINIMUM NUMBER OF INSTALLMENT

MONTHLY

Rs. 100 to Rs. 499

60

Rs. 500 to Rs. 999

12

Rs. 1000 to any amount

6

QUARTERLY

Rs. 500 to Rs. 1499

12

Rs. 1500 to any amount

4

DAILY

Rs. 100 to Rs. 499

90

Rs. 500 to any amount

30

 

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