This is with reference to Notice No. 20230321-64 dated March 21, 2023 regarding Launch of NFO with SIP facility of AXIS Mutual Fund on BSE StAR MF Platform.

MFIs/MFDs/RIAs/RFDs are hereby informed that we have received communication from AXIS Mutual Fund regarding AXIS S&P 500 ETF FUND OF FUND - NFO scheme has been called off at AMC end. Hence the valid subscription orders reported to RTA with funds during the NFO period i.e. March 22, 2023 to April 05, 2023 has been rejected in order status report with remarks as NFO Called Off.

Further, refunds for AXIS S&P 500 ETF FUND OF FUND - NFO purchase orders rejected with remarks as NFO Called Off shall be released to client’s bank account registered in UCC’s from exchange end.

Ketan Jantre                                                       Zeeta Eustace

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