08/22/2024 | Press release | Distributed by Public on 08/22/2024 06:00
Notice No. | 20240822-21 | Notice Date | 22 Aug 2024 | |||
Category | Trading | Segment | Mutual Fund | |||
Subject | Launch of NFO with SIP facility of AXIS Mutual Fund on BSE StAR MF Platform | |||||
Content |
MFIs/MFDs/RIAs/RFDs are hereby informed that AXIS Mutual Fund will be offering AXIS CONSUMPTION FUND - NFO along with SIP facility with effect from August 23, 2024, to September 06, 2024, on BSE StAR MF Platform.
The scheme details are given below:<_o3a_p>
Sr. No<_o3a_p> |
Scheme Name<_o3a_p> |
Scheme Category<_o3a_p> |
ISIN<_o3a_p> |
Tentative Allotment date<_o3a_p> |
1<_o3a_p> |
AXIS CONSUMPTION FUND - REGULAR PLAN - GROWTH<_o3a_p> |
Equity<_o3a_p> |
INF846K010X6<_o3a_p> |
12-Sep-2024<_o3a_p> |
2<_o3a_p> |
AXIS CONSUMPTION FUND - REGULAR PLAN - IDCW PAYOUT<_o3a_p> |
Equity<_o3a_p> |
INF846K011X4<_o3a_p> |
12-Sep-2024<_o3a_p> |
3<_o3a_p> |
AXIS CONSUMPTION FUND - REGULAR PLAN - IDCW REINVESTMENT<_o3a_p> |
Equity<_o3a_p> |
INF846K012X2<_o3a_p> |
12-Sep-2024<_o3a_p> |
4<_o3a_p> |
AXIS CONSUMPTION FUND - DIRECT PLAN - GROWTH<_o3a_p> |
Equity<_o3a_p> |
INF846K013X0<_o3a_p> |
12-Sep-2024<_o3a_p> |
5<_o3a_p> |
AXIS CONSUMPTION FUND - DIRECT PLAN - IDCW PAYOUT<_o3a_p> |
Equity<_o3a_p> |
INF846K014X8<_o3a_p> |
12-Sep-2024<_o3a_p> |
6<_o3a_p> |
AXIS CONSUMPTION FUND - DIRECT PLAN - IDCW REINVESTMENT<_o3a_p> |
Equity<_o3a_p> |
INF846K015X5<_o3a_p> |
12-Sep-2024<_o3a_p> |
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 the 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.<_o3a_p>
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on September 12, 2024, hence the clear funds have to be available in ICCL Account by 6:00 pm on September 11, 2024.<_o3a_p>
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on September 11, 2024, to avail the allotment of units under AXIS CONSUMPTION FUND - NFO.<_o3a_p>
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.<_o3a_p>
The said NFO will get extended till midnight on September 06, 2024, 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.<_o3a_p>
<_o3a_p>
Ketan Jantre Zeeta Eustace<_o3a_p>
Head - Trading Operations Additional General Manager - Mutual Funds<_o3a_p>