Axis Mutual Fund has announced the launch of its new fund offering, Axis Nifty Capital Markets Index Fund, an open-ended index fund designed to track the Nifty Capital Markets Total Return Index (TRI), offering investors targeted exposure to India’s rapidly evolving capital markets ecosystem.
The new fund offer (NFO) is open for subscription till May 15. The fund aims to provide returns, before expenses, that closely correspond to the performance of the Nifty Capital Markets TRI, subject to tracking error.
