Description

Axis Nifty India Defence Index Fund reopens for ongoing subscriptions, redemptions, and SIP/STP/SWP transactions on NSE MF Invest Platform effective May 06, 2026.

Summary

NSE has informed members that Axis Nifty India Defence Index Fund, offered by Axis Mutual Fund, will be reopened for ongoing subscriptions and redemptions on the NSE MF Invest Platform from May 06, 2026. The fund will also support SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities.

Key Points

  • Axis Nifty India Defence Index Fund reopens for ongoing subscriptions and redemptions effective May 06, 2026
  • SIP, STP, and SWP facilities will be available on the NSE MF Invest Platform
  • Two scheme variants are available: Direct Growth (ISIN: INF846KA1523) and Regular Growth (ISIN: INF846KA1515)
  • Both schemes fall under the Equity category
  • Circular issued by NSE under Download Ref No: NSE/NMFTM/74044, Circular Ref. No: 1352/2026

Regulatory Changes

No regulatory changes. This is an operational notice regarding the availability of an existing mutual fund scheme on the NSE MF Invest Platform.

Compliance Requirements

No specific compliance requirements for members. Members are informed for awareness so they can facilitate client transactions through the NSE MF Invest Platform.

Important Dates

  • May 05, 2026: Date of circular
  • May 06, 2026: Effective date for reopening of subscriptions, redemptions, and SIP/STP/SWP on NSE MF Invest Platform

Impact Assessment

Limited market impact. This notice enables retail and institutional investors to transact in Axis Nifty India Defence Index Fund through the NSE MF Invest Platform. The defence sector index fund caters to investors seeking thematic exposure to India’s defence industry. No operational disruption or broad market implications are expected.

Impact Justification

Routine platform availability notice for a mutual fund scheme reopening; affects only investors using NSE MF Invest Platform and has no broad market or regulatory implications.