Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their new fund offer – Axis Nifty SDL September2026 Debt Index Fund. It is an open-ended target maturity index fund investing in constituents of Nifty SDL Sep 2026 Index; a relatively high interest rate risk and relatively low credit risk. The new fund will track the Nifty SDL Sep2026 Index.
The open ended nature of such a fund means that investors can use systematic investment and withdrawal facilities to tailor entry and exit in the fund to meet investor objectives. Further, these funds do not have lock-ins and hence provide liquidity to investors, should they wish to redeem mid-term without any hassles.
However, there can be no assurance that the investment objective of the Scheme will be achieved.With Aditya Pagaria helming the fund, the minimum investment amount would be Rs. 5,000 and in multiples of Rs. 1/- thereafter. Commenting on the launch of the NFO, Chandresh Nigam, MD & CEO, Axis AMC said,“ As a fund house that believes in ‘responsible investing’, we are offering investors the opportunity to invest in quality assets.”