Description
NSE notifies suspension of trading in three Aditya Birla Sun Life Mutual Fund Fixed Term Plan Series UB (1224D) units effective April 21, 2026, on account of redemption.
Summary
NSE has notified the suspension of trading in three units of Aditya Birla Sun Life Mutual Fund - ABSL Fixed Term Plan (FTP) Series UB (1224D) with effect from April 21, 2026. The suspension is on account of redemption, pursuant to Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A. The last day of trading for these units will be April 20, 2026 (closing hours).
Key Points
- Three ABSL FTP Series UB (1224D) scheme units are being suspended from trading on NSE
- Suspension is triggered by scheduled redemption of the Fixed Term Plan at maturity
- Effective suspension date: April 21, 2026
- Last trading allowed on: April 20, 2026 (closing hours)
- Issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A
- Circular Ref No: NSE/CML/73731 | 0621/2026
Regulatory Changes
No new regulatory changes. The suspension is executed under existing Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which governs the suspension of securities from trading.
Compliance Requirements
- All NSE members must cease trading in the three specified MF symbols (ABSLFTUBRG, ABSLFTUBRN, ABSLFTUBDG) from April 21, 2026 onwards
- Trading in these units is permitted only up to the closing hours of April 20, 2026
- Unit holders should coordinate with their fund managers or AMC (Aditya Birla Sun Life AMC) for redemption proceeds
Important Dates
| Event | Date |
|---|---|
| Circular Issue Date | April 15, 2026 |
| Last Day of Trading | April 20, 2026 (closing hours) |
| Suspension Effective Date | April 21, 2026 |
Impact Assessment
The impact is limited and routine in nature. The three affected securities are:
- ABSLFTUBRG (INF209KB16P1) — ABSL FTP Sr UB (1224D) RP-G
- ABSLFTUBRN (INF209KB17P9) — ABSL FTP Sr UB (1224D) RP-IDCWP
- ABSLFTUBDG (INF209KB18P7) — ABSL FTP Sr UB (1224D) DP-G
This is a standard end-of-life event for Fixed Term Plans (FTPs), which are close-ended debt mutual fund schemes with a predetermined maturity date. Investors holding these units on NSE will receive redemption proceeds upon maturity through the AMC. No broader market disruption is anticipated.
Impact Justification
Routine suspension of three mutual fund FTP units due to scheduled redemption at maturity. Affects only existing unit holders of ABSL FTP Sr UB (1224D) schemes with no broader market impact.