Description

AXIS MUTUAL FUND launches AXIS MULTI-ASSET ACTIVE FOF - NFO with SIP facility from November 21 to December 05, 2025, with allotment date on December 11, 2025.

Summary

AXIS MUTUAL FUND is launching AXIS MULTI-ASSET ACTIVE FOF - NFO with SIP facility on the BSE StAR MF Platform. The NFO will be open from November 21, 2025, to December 05, 2025, with a tentative allotment date of December 11, 2025. Six plan options are available including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment variants.

Key Points

  • NFO period: November 21, 2025 to December 05, 2025
  • Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized under DEBT with unique ISINs assigned
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Transactions with initiated payment remain pending until 3:00 PM on NFO closure or T+5, whichever is earlier
  • NFO extended till 6:00 PM on December 05, 2025 for lumpsum purchases only
  • Cheques and OTM payments accepted subject to clear funds receipt
  • Switches accepted during NFO period with conditions

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 11, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 (including extended period transactions) will be cancelled and CC with N flag reported to RTA/AMC
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date
  • For switches, funds must be received under NFO scheme on or before allotment date for allotment consideration

Important Dates

  • November 21, 2025: NFO opens
  • December 05, 2025: NFO closes (extended till 6:00 PM for lumpsum purchases)
  • December 05, 2025, 3:00 PM: Deadline for SIP/XSIP registration authentication
  • December 11, 2025: Tentative allotment date
  • December 11, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
  • T+1, 9:00 AM: Deadline for client fund initiation (or transaction cancellation)
  • T+5 or NFO last day, 3:00 PM: Pending transaction deadline (whichever is earlier)

Impact Assessment

This circular has minimal market impact as it announces a routine mutual fund NFO launch. It provides operational guidance for BSE StAR MF Platform members handling AXIS MUTUAL FUND transactions. The launch offers investors access to a multi-asset fund of funds strategy with both regular and direct plan options. Members need to ensure compliance with specified timelines for fund processing and client authentication to facilitate smooth allotment.

Impact Justification

Routine mutual fund NFO launch announcement with standard operating procedures for BSE StAR MF Platform members