Description
NSE suspends trading in Axis Nifty AAA Bond Plus SDL Apr 2026 50-50 ETF (AXISBPSETF) effective April 29, 2026, due to maturity of the fund.
Summary
NSE has announced the suspension of trading in the Axis Nifty AAA Bond Plus SDL Apr 2026 50-50 ETF (Symbol: AXISBPSETF, ISIN: INF846K01Z04) effective April 29, 2026. The suspension is due to the maturity of the ETF, which is a scheduled lifecycle event for this fixed-maturity bond ETF product managed by Axis Asset Management Company Limited.
Key Points
- Trading in AXISBPSETF will be suspended on NSE from April 29, 2026
- The reason for suspension is maturity of the ETF
- The ETF is listed under the EQ series
- ISIN: INF846K01Z04
- Circular issued under Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations Part A
- Axis Asset Management Company Limited is the fund manager
Regulatory Changes
No new regulatory changes. The suspension is executed under the existing framework of Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which governs trading suspensions for securities on the exchange.
Compliance Requirements
- All NSE members are notified to cease trading in AXISBPSETF from April 29, 2026
- Members should inform their clients holding positions in AXISBPSETF about the impending suspension
- Investors wishing to exit their ETF holdings must do so before the suspension date of April 29, 2026
Important Dates
- Circular Date: April 24, 2026
- Suspension Effective Date: April 29, 2026 (last trading day is April 28, 2026)
Impact Assessment
The suspension has a moderate impact limited to existing holders of the Axis Nifty AAA Bond Plus SDL Apr 2026 50-50 ETF. As a fixed-maturity bond ETF reaching its scheduled maturity, this is an expected lifecycle event. Investors holding AXISBPSETF have until April 28, 2026 to exit their positions on the exchange. Post-suspension, investors will receive maturity proceeds as per the fund’s terms. Market-wide impact is minimal given the niche nature of this target-maturity bond ETF product.
Impact Justification
Routine suspension due to ETF maturity; affects only holders of AXISBPSETF who must exit positions before April 29, 2026.