Notice for temporary suspension of subscription in certain schemes of Axis Mutual Fund investing in Overseas ETFs

April 1, 2024 . Founders of FundsIndia

The Investors are requested to note that Axis Mutual Fund temporarily suspends subscriptions in Overseas ETFs:

  • All subscriptions in Axis NASDAQ 100 Fund of Fund and Axis US Treasury Dynamic Bond ETF Fund of Fund halted after March 28, 2024.
  • SIPs in these schemes paused from April 1, 2024, until further notice.
  • Redemption and intra-scheme switches unaffected

For more details, read the addendum.

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