Description

Axis Mutual Fund will offer Axis Fixed Maturity Plan - Series 130 (92 Days) NFO on BSE StAR MF Platform from March 09 to March 11, 2026, with tentative allotment on March 12, 2026.

Summary

BSE has informed members that Axis Mutual Fund is launching the Axis Fixed Maturity Plan - Series 130 (92 Days) NFO on the BSE StAR MF Platform. The NFO subscription window runs from March 09, 2026 to March 11, 2026, with tentative allotment on March 12, 2026. Four scheme variants are available across Regular and Direct plans with Growth and IDCW Payout options.

Key Points

  • NFO period: March 09, 2026 to March 11, 2026
  • Four scheme variants offered: Regular Plan - Growth (INF846KA1473), Regular Plan - IDCW Payout (INF846KA1499), Direct Plan - Growth (INF846KA1481), Direct Plan - IDCW Payout (INF846KA1507)
  • All schemes are categorized as DEBT
  • Tentative allotment date: March 12, 2026
  • Extended NFO window till 6:00 PM on March 11, 2026 for lumpsum purchases only
  • Transactions where client has not initiated funds by 9:00 AM on T+1 day will be cancelled
  • Pending transactions remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on March 12, 2026 for unit allotment
  • Cheques and OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 PM on March 12, 2026
  • Transactions without fund initiation by 9:00 AM on T+1 will be cancelled; CC with N flag will be reported to RTA/AMC

Important Dates

  • March 09, 2026: NFO subscription opens
  • March 11, 2026: NFO subscription closes (extended till 6:00 PM for lumpsum purchases)
  • March 12, 2026: Tentative allotment date; clear funds must be in ICCL Account by 6:00 PM

Impact Assessment

Limited market-wide impact. This notification is relevant to BSE StAR MF Platform members facilitating client investments in Axis Mutual Fund’s short-duration fixed maturity plan. The scheme is a 92-day debt instrument, attracting investors seeking short-term fixed-income exposure. Members need to ensure operational compliance with fund transfer timelines to avoid transaction cancellations.

Impact Justification

Routine NFO launch notification for a short-duration debt scheme; limited market-wide impact, relevant only to members transacting on BSE StAR MF Platform.