Description

AXIS MUTUAL FUND launching AXIS BSE INDIA SECTOR LEADERS INDEX FUND NFO with SIP facility on BSE StAR MF Platform from January 23, 2026 to February 06, 2026.

Summary

AXIS MUTUAL FUND is launching AXIS BSE INDIA SECTOR LEADERS INDEX FUND as a New Fund Offering (NFO) with SIP facility on BSE StAR MF Platform. The NFO period runs from January 23, 2026 to February 06, 2026, with tentative allotment on February 11, 2026. Both Regular Plan and Direct Plan growth options will be available under this equity scheme.

Key Points

  • Two scheme variants available: Regular Plan - Growth (ISIN: INF846KA1416) and Direct Plan - Growth (ISIN: INF846KA1424)
  • NFO period: January 23, 2026 to February 06, 2026
  • Extended hours till midnight on February 06, 2026 for lumpsum purchases only
  • Tentative allotment date: February 11, 2026
  • Scheme category: Equity (Index Fund tracking BSE India Sector Leaders Index)
  • SIP/XSIP facility available during NFO period
  • Cheques and OTM payments acceptable subject to fund clearance requirements
  • Switch transactions permitted during NFO period with conditions

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client-initiated funds are received by 9:00 AM on T+1 day to avoid cancellation
  • Transactions without client-initiated payment will be cancelled and reported to RTA/AMC with CC N flag
  • Clear funds must be available in ICCL Account by 6:00 PM on February 11, 2026 for unit allotment
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (February 06, 2026)
  • For switch transactions, funds must be received on or before allotment date for NFO allotment eligibility
  • Pending transactions will remain in system till 3:00 PM on last day of AMC payout or T+5, whichever is earlier

Important Dates

  • NFO Start Date: January 23, 2026
  • NFO Closure Date: February 06, 2026
  • Extended Trading Hours: Till midnight on February 06, 2026 (lumpsum only)
  • SIP Authentication Deadline: 3:00 PM on February 06, 2026
  • Tentative Allotment Date: February 11, 2026
  • Fund Clearance Deadline: 6:00 PM on February 11, 2026

Impact Assessment

Low impact routine operational notice. This circular provides information about a new mutual fund scheme launch on the BSE StAR MF platform. Impact is limited to BSE members and investors interested in participating in the NFO. The scheme offers exposure to BSE India Sector Leaders Index through an equity index fund structure. No changes to existing market operations or compliance frameworks. Standard NFO operational procedures apply with specific timelines for fund transfer and authentication requirements.

Impact Justification

Routine NFO launch announcement for mutual fund scheme on BSE platform. Informational notice for members with operational guidelines, no regulatory changes or market-wide impact.