This is with reference to Notice No. 20230309-26 dated March 09, 2023 regarding Launch of ETF NFO of AXIS Mutual Fund on BSE StAR MF Platform.

Members are hereby informed that we have received revised communication from AXIS MUTUAL FUND regarding extension of AXIS S&P BSE SENSEX ETF - NFO from March 15, 2023 to March 21, 2023 on BSE StAR MF platform.

The revised tentative allotment date will be March 24, 2023.

MFIs/MFDs/RIAs/RFDs are hereby note 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 March 24, 2023 hence the clear funds have to be available in ICCL Account by 6:00 pm on March 23, 2023.

The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00 pm on March 23, 2023 to avail the allotment of units under AXIS S&P BSE SENSEX ETF - 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 March 21, 2023 on BSE StAR MF Platform.

Ketan Jantre                                                     Zeeta Eustace

Sr. General Manager – Mutual Funds            Dy. General Manager – Mutual Funds