Axis Mutual Fund launches Axis Nifty India Defence Index Fund
NFO period: 10th Apr - 24th Apr, 2026
Highlights of the NFO:
- Scheme type - An Open-Ended Index Fund tracking Nifty India Defence TRI.
- Investment objective - To provide returns before expenses that correspond to the performance of Nifty India Defence TRI subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate returns before expenses that correspond to the performance of Nifty India Defence TRI subject to tracking error.
- Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Regular plan & Direct plan having only Growth Option.
- Fund Managers - Mr. Nandik Malik & Mr. Rohit Gautam
- Benchmark - Nifty India Defence TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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