Description

Axis Mutual Fund announces the renaming of Axis US Specific Equity Passive FOF to Axis NASDAQ 100 US Specific Equity Passive FOF effective February 06, 2026.

Summary

Axis Mutual Fund has announced a name change for one of its schemes effective February 06, 2026. The scheme previously known as “Axis US Specific Equity Passive FOF” will be renamed to “Axis NASDAQ 100 US Specific Equity Passive FOF”. This is an administrative change affecting the Scheme Information Document (SID), Key Information Memorandum (KIM), and all related documentation. All other terms and conditions of the scheme remain unchanged.

Key Points

  • Scheme name changes from “Axis US Specific Equity Passive FOF” to “Axis NASDAQ 100 US Specific Equity Passive FOF”
  • Change is effective from February 06, 2026
  • All references to the old name in SID/KIM and Statement of Additional Information (SAI) are replaced with the new name
  • No changes to scheme terms, conditions, or investment strategy
  • Notice issued on February 02, 2026 from Mumbai
  • Notice number: 123/2025-26
  • Signed by Gopi Kumar Bhaskaran, Managing Director & Chief Executive Officer of Axis Asset Management Company Ltd.

Regulatory Changes

No regulatory changes. This is an administrative modification to the scheme name only. The addendum forms an integral part of the SID/KIM and SAI documents as amended from time to time.

Compliance Requirements

  • Investors should note the new scheme name for all future references and transactions
  • All documentation, statements, and communications will reflect the new scheme name from the effective date
  • No action required from existing investors as this is an administrative change

Important Dates

  • February 02, 2026: Notice date
  • February 06, 2026: Effective date for scheme name change

Impact Assessment

This is a purely administrative change with minimal impact on investors or market operations. The name change better reflects the scheme’s focus on NASDAQ 100 index-based investments. There are no changes to:

  • Investment objectives
  • Asset allocation strategy
  • Risk profile
  • Fee structure
  • Fund management
  • Operational procedures

Existing investors will automatically see the new scheme name in their statements and communications from the effective date. No action is required from unitholders.

Impact Justification

Administrative change involving only scheme name modification with no impact on scheme terms, investment strategy, or market operations. Affects only existing investors for record-keeping purposes.