Axis MF introduces Nifty Capital Markets Index Fund
Axis Mutual Fund has launched Axis Nifty Capital Markets Index Fund, an open-ended index fund tracking Nifty Capital Markets TRI. The NFO opens for subscription on May 4, 2026 and closes on May 15, 2026. The Entry Load is not applicable for the scheme. The Exit Load: If redeemed/ switched out within 15 days from the date of allotment: 0.25% and Nil- If redeemed/ switched out after 15 days from the date of allotment. The minimum subscription amount is Rs 100 and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked at Nifty Capital Markets TRI and its fund managers are Nandik Mallik and Rohit Gautam.
The investment objective of the Scheme is to provide returns before expenses that correspond to the performance of Nifty Capital Markets TRI subject to tracking error.
