MFIs/MFDs are hereby informed that MIRAE ASSET Mutual Fund will be offering MIRAE ASSET SILVER ETF - NFO with effect from May 29, 2023 to June 06, 2023 on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
MIRAE ASSET SILVER ETF
|
EQUITY
|
INF769K01KG6
|
09/06/2023
|
MFIs/MFDs 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 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 are hereby informed that, AMC confirmed the allotment date for above scheme will be done on June 09, 2023 hence the clear funds have to be available in ICCL Account by 6:00pm on June 07, 2023.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on June 07, 2023 to avail the allotment of units under MIRAE ASSET SILVER 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 then same will not be considered for allotment at AMC/RTA end.
The said NFO will get extended till midnight on June 06, 2023 on BSE StAR MF Platform.
Ketan Jantre Zeeta Eustace
Chief General Manager – Mutual Funds Dy. General Manager – Mutual Funds |