Description
Axis Nifty India Defence Index Fund reopens for ongoing subscriptions, redemptions, and SIP facility on BSE StAR MF Platform effective May 06, 2026, following prior notice dated April 09, 2026.
Summary
BSE has informed members that the Axis Nifty India Defence Index Fund will reopen for ongoing subscriptions, redemptions, and SIP facility on the BSE StAR MF Platform with effect from May 06, 2026. This follows the earlier Notice No. 20260409-52 dated April 09, 2026.
Key Points
- Axis Nifty India Defence Index Fund reopens for ongoing transactions on BSE StAR MF Platform from May 06, 2026
- Facility covers subscriptions, redemptions, and SIP
- Two plans available: Regular Plan (Growth) and Direct Plan (Growth)
- Regular Plan ISIN: INF846KA1515
- Direct Plan ISIN: INF846KA1523
- Both plans fall under the Equity scheme category
Regulatory Changes
No regulatory changes. This is an operational notice regarding the availability of an existing mutual fund scheme for ongoing transactions.
Compliance Requirements
No specific compliance requirements for members. Members are simply informed of the availability of the fund for transactions on the BSE StAR MF Platform.
Important Dates
- May 06, 2026: Effective date for reopening of Axis Nifty India Defence Index Fund for ongoing subscriptions, redemptions, and SIP on BSE StAR MF Platform
- April 09, 2026: Prior notice (No. 20260409-52) referenced as the basis for this reopening
Impact Assessment
Low market impact. This is a routine operational update enabling investors to transact in the Axis Nifty India Defence Index Fund through the BSE StAR MF Platform. The fund tracks the Nifty India Defence Index, providing equity exposure to India’s defence sector. Availability of both Regular and Direct growth plans gives investors flexibility in plan selection.
Impact Justification
Routine operational notice informing members of a mutual fund scheme reopening for ongoing transactions; no regulatory changes or compliance obligations for market participants.