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Axis MF introduces CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

Sep-18-2025   15:27 Hrs IST

Axis Mutual Fund has launched Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3-6 Months Debt Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on September 18, 2025 and closes on September 23, 2025. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1 thereof.

The performance of the Scheme will be benchmarked with CRISIL-IBX Financial Services 3-6 Months Debt Index and its fund manager is Aditya Pagaria (Managing since Inception).

The investment objective of the Scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors/tracking difference.