Axis Mutual Fund has opened its New Fund Offer for the Axis Nifty Capital Markets Index Fund, an open-ended passive fund tracking the Nifty Capital Markets TRI.
The NFO will remain open between May 4 and May 15, 2026. Investors can participate with a minimum investment amount of ₹100 and in multiples of ₹1 thereafter.
The fund follows a free-float market capitalisation-based weighting methodology with stock caps and will be rebalanced semi-annually. It will be managed by Nandik Mallik and Rohit Gautam.
Commenting on the launch, B. Gopkumar said, “India’s capital markets are moving into a structurally deeper and more participative phase, supported by strong domestic flows, increasing retail engagement, and continued formalisation of savings. At Axis Mutual Fund, we see this as a long-term opportunity not just at the market level, but across the broader ecosystem that enables this growth.”
He further added, “With the Axis Nifty Capital Markets Index Fund, we are extending our passive investment suite to offer investors a targeted way to participate in this evolution. The fund is designed as a simple and transparent building block for portfolios, allowing investors to align with the long-term growth of India’s financial ecosystem.”
