Description

Axis US Specific Equity Passive FOF renamed to Axis NASDAQ 100 US Specific Equity Passive FOF effective February 06, 2026.

Summary

Axis Mutual Fund has changed the name of one of its fund schemes on the NSE MF Invest platform. The scheme “Axis US Specific Equity Passive FOF” 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 remain unchanged.

Key Points

  • Scheme name change from “Axis US Specific Equity Passive FOF” to “Axis NASDAQ 100 US Specific Equity Passive FOF”
  • All references to the existing name will be replaced with the revised name from the effective date
  • All other terms and conditions of the SID/KIM and SAI remain unchanged
  • The addendum forms an integral part of the scheme documents
  • Notice cum addendum issued by Axis Asset Management Company Ltd.

Regulatory Changes

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

Compliance Requirements

  • Members of NSE MF Invest platform should update their systems to reflect the new scheme name
  • Investors should note the name change for all future references and transactions
  • All documentation should use the revised scheme name from the effective date

Important Dates

  • Notice Date: February 02, 2026
  • Circular Date: February 05, 2026
  • Effective Date: February 06, 2026

Impact Assessment

Market Impact: Nil - This is purely an administrative name change with no impact on the scheme’s investment strategy, portfolio, or operations.

Operational Impact: Minimal - Members and investors need to update records to reflect the new scheme name. No changes to investment operations or fund management.

Investor Impact: None - Existing investments remain unchanged. The name change provides better clarity on the scheme’s focus on NASDAQ 100 US equity investments through a fund of funds structure.

Impact Justification

Administrative change - scheme name update for clarity, no impact on operations or investments