Description

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

Summary

AXIS MUTUAL FUND is launching AXIS MULTI-ASSET ACTIVE FOF as a New Fund Offering (NFO) with Systematic Investment Plan (SIP) facility on the BSE StAR MF Platform. The NFO period runs from November 21, 2025, to December 05, 2025, with a tentative allotment date of December 11, 2025. The scheme offers six plan variants including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options, all categorized under DEBT.

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 as DEBT with unique ISIN numbers
  • Tentative allotment date: December 11, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
  • Pending transactions remain in system until 3:00 PM on last payout day or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on December 11, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt by deadline
  • Switches accepted during NFO period only if funds received on or before allotment date
  • NFO extended till 6:00 PM on December 05, 2025, for lumpsum purchases only
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

No regulatory changes. This is a standard NFO launch announcement.

Compliance Requirements

  • Members must ensure client-initiated funds 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 December 11, 2025, for unit allotment
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on December 05, 2025 (NFO closure date)
  • Members must report cancelled transactions with CC and N flag to RTA/AMC
  • Switch transactions require funds receipt on or before allotment date for NFO consideration

Important Dates

  • November 21, 2025: NFO opening date
  • December 05, 2025: NFO closure date (3:00 PM for SIP/XSIP authentication; 6:00 PM for lumpsum purchases)
  • December 11, 2025: Tentative allotment date; clear funds deadline in ICCL Account by 6:00 PM
  • T+1 day, 9:00 AM: Deadline for client-initiated funds
  • T+5 or last payout day, 3:00 PM: Pending transaction deadline (whichever is earlier)

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund NFO launch affecting only participants in the mutual fund distribution ecosystem.

Operational Impact: Low to moderate for BSE StAR MF Platform members and mutual fund distributors. They need to:

  • Process NFO applications during the specified period
  • Ensure timely fund collection and transfer to ICCL Account
  • Manage SIP/XSIP authentication deadlines
  • Handle switch transactions appropriately

Investor Impact: Provides investment opportunity in a multi-asset fund of funds for interested investors. The extended hours for lumpsum purchases (till 6:00 PM) offers additional convenience.

Scheme Details: Six variants cater to different investor preferences (Regular vs. Direct plans, Growth vs. Income Distribution options), providing flexibility in investment approach and cost structure.

Impact Justification

Routine NFO launch announcement for mutual fund scheme; impacts only mutual fund distributors and investors interested in this specific scheme; no market-wide implications or regulatory changes.