MUTUAL FUNDS
Axis Mutual Fund files offer document for Nifty Energy Index Fund
Jun-24-2026
Axis Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Axis Nifty Energy Index Fund’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers Growth option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Energy TRI. The minimum application amount during NFO will be Rs 100 and in multiples of Re1 thereafter.

The investment objective of the scheme is to provide returns before expenses that correspond to the performance of Nifty Energy TRI.

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