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 Asset Management Company Limited has announced a change in the scheme name of Axis US Specific Equity Passive FOF. The scheme will be renamed to Axis NASDAQ 100 US Specific Equity Passive FOF effective February 06, 2026. This is an administrative change and all other terms and conditions of the Scheme Information Document (SID), Key Information Memorandum (KIM), and Statement of Additional Information (SAI) remain unchanged.

Key Points

  • Scheme name changed from “Axis US Specific Equity Passive FOF” to “Axis NASDAQ 100 US Specific Equity Passive FOF”
  • Effective date: February 06, 2026
  • All references to the existing name will be replaced with the revised name across all relevant documents
  • No changes to scheme operations, investment strategy, or other terms and conditions
  • Notice issued by Gop Kumar Bhaskaran, Managing Director & Chief Executive Officer
  • Notice number: 123/2025-26, dated February 02, 2026

Regulatory Changes

No regulatory changes involved. This is an administrative name change to better reflect the scheme’s investment focus on the NASDAQ 100 index.

Compliance Requirements

  • Investors should note the revised scheme name for all future references and communications
  • All documentation including SID, KIM, and SAI will reflect the new name from the effective date
  • The addendum forms an integral part of the scheme documents

Important Dates

  • Notice Date: February 02, 2026
  • Effective Date: February 06, 2026
  • Base SAI Date: June 30, 2025

Impact Assessment

This is a low-impact administrative change with no material effect on:

  • Existing investors’ holdings or investments
  • Investment strategy or portfolio composition
  • Fee structure or expense ratios
  • Risk profile of the scheme
  • Fund management or operations

The name change provides better clarity about the scheme’s investment focus on the NASDAQ 100 index for US equity exposure through a passive fund-of-funds structure. Investors should simply note the new name for future reference and correspondence.

Impact Justification

Administrative change - scheme name update to better reflect the underlying index (NASDAQ 100). No impact on scheme operations, investment strategy, or investor holdings. Only affects branding and documentation.