MFIs/MFDs/RIAs/RFDs are hereby informed that AXIS Mutual Fund will be offering AXIS S&P 500 ETF FUND OF FUND - NFO alongwith SIP facility with effect from March 22, 2023 to April 05, 2023 on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
AXIS S&P 500 ETF FUND OF FUND REGULAR PLAN GROWTH
|
EQUITY
|
INF846K014R0
|
12/04/2023
|
|
2
|
AXIS S&P 500 ETF FUND OF FUND REGULAR PLAN IDCW PAYOUT
|
EQUITY
|
INF846K015R7
|
12/04/2023
|
|
3
|
AXIS S&P 500 ETF FUND OF FUND REGULAR PLAN IDCW REINVESTMENT
|
EQUITY
|
INF846K016R5
|
12/04/2023
|
|
4
|
AXIS S&P 500 ETF FUND OF FUND DIRECT PLAN GROWTH
|
EQUITY
|
INF846K011R6
|
12/04/2023
|
|
5
|
AXIS S&P 500 ETF FUND OF FUND DIRECT PLAN IDCW PAYOUT
|
EQUITY
|
INF846K012R4
|
12/04/2023
|
|
6
|
AXIS S&P 500 ETF FUND OF FUND DIRECT PLAN IDCW REINVESTMENT
|
EQUITY
|
INF846K013R2
|
12/04/2023
|
MFIs/MFDs/RIAs/RFDs are also hereby informed that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on April 05, 2023 hence the clear funds have to be available in ICCL Account by 6:00pm on April 11, 2023.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on April 11, 2023 to avail the allotment of units under AXIS S&P 500 ETF FUND OF FUND - NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date then same will not be considered for allotment at AMC/RTA end.
The said NFO will get extended till midnight on April 05, 2023 only for lumpsum purchase on BSE StAR MF Platform. SIP/XSIP/ISIP registrations authentication needs to be done by clients before 3:00pm on NFO closure date.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds
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