Description
AXIS MUTUAL FUND launching AXIS NIFTY500 QUALITY 50 INDEX FUND NFO with SIP facility from August 21 to September 4, 2025.
Summary
AXIS MUTUAL FUND is launching the AXIS NIFTY500 QUALITY 50 INDEX FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from August 21, 2025, to September 04, 2025. The fund offers both Regular and Direct plan options with Growth variants.
Key Points
- NFO period: August 21, 2025 to September 4, 2025
- Two scheme options: Regular Plan (ISIN: INF846KA1192) and Direct Plan (ISIN: INF846KA1200)
- Both schemes categorized as EQUITY funds
- SIP facility available during NFO period
- Extended trading till midnight on September 4, 2025 for lumpsum purchases only
Regulatory Changes
No regulatory changes mentioned - this is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on September 10, 2025
- SIP/XSIP/ISIP registration authentication must be completed by clients before 3:00 PM on NFO closure date
- Cheques & OTM payments acceptable subject to clear fund receipt by specified deadline
Important Dates
- NFO Start Date: August 21, 2025
- NFO End Date: September 4, 2025
- Tentative Allotment Date: September 10, 2025
- Fund Availability Deadline: 6:00 PM on September 10, 2025
- SIP Authentication Deadline: 3:00 PM on September 4, 2025
Impact Assessment
Limited market impact as this is a routine NFO launch. The fund provides investors access to a quality-focused index strategy within the Nifty 500 universe. Standard transaction processing rules apply with clear timelines for fund availability and settlement procedures.
Impact Justification
Routine NFO launch announcement with standard procedures and limited market impact