Description

BSE lists units of Axis Fixed Maturity Plan - Series 129 (108 Days) Direct IDCW Payout under Axis Mutual Fund in Group F segment, effective March 2, 2026. The scheme is a close-ended debt scheme with relatively low interest rate risk and moderate credit risk.

Summary

BSE has notified trading members that the units of Axis Fixed Maturity Plan - Series 129 (108 Days) Direct IDCW Payout, a close-ended debt scheme under Axis Mutual Fund, will be listed and admitted to dealings on the Exchange effective Monday, March 2, 2026, under the ‘F’ Group.

Key Points

  • Scheme: Axis Fixed Maturity Plan - Series 129 (108 Days) Direct IDCW Payout
  • Fund House: Axis Mutual Fund, managed by Axis Asset Management Company Limited
  • Scrip Code: 544712 | Scrip ID: AXISFMP129
  • ISIN: INF846KA1465
  • Total Units Listed: 39,989 units
  • Face Value: Rs. 10.00 per unit
  • Issue Price: Rs. 10.00 per unit
  • Market Lot: 1 unit
  • Group: F
  • Date of Allotment: February 24, 2026
  • Trading only in dematerialized form as per SEBI guidelines dated February 16, 2000

Regulatory Changes

No new regulatory changes introduced. Listing is in compliance with existing SEBI guidelines requiring mutual fund units to be traded exclusively in dematerialized form.

Compliance Requirements

  • Trading members must note that all trades in this scrip will be conducted in unit market lots (one unit per lot).
  • Trades must be executed only in dematerialized form in accordance with SEBI guidelines.
  • Members requiring clarification may contact the AMC Compliance Officer (Mr. Darshan Kapadia, Axis AMC) or BSE Listing Operations (Mr. Parag Jain, 022-2272 8685, mf.listing@bseindia.com).

Important Dates

  • Date of Allotment: February 24, 2026
  • Listing Effective Date: March 2, 2026 (Monday)
  • Circular Date: February 27, 2026

Impact Assessment

This is a routine listing notice with minimal broader market impact. The scheme has a small float of 39,989 units at Rs. 10 per unit (total corpus ~Rs. 3.99 lakh), making it a niche instrument. It is a close-ended scheme maturing in 108 days from allotment (approximately early June 2026), so secondary market liquidity is expected to be limited. Impact is confined to existing unit holders of this specific FMP series who may wish to exit via the exchange before maturity.

Impact Justification

Routine listing of a small close-ended mutual fund scheme (39,989 units) on BSE; limited market-wide impact as it affects only investors in this specific Axis FMP series.