Axis Mutual Fund launches Axis Nifty SDL September 2026 Debt Index Fund

NFO period: 04^th November – 16^th November, 2022

Highlights of the NFO:

• Scheme type – 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


• Investment objective – The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2026 Index before expenses, subject to tracking errors. However, there can be no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking income over long term by investing in state government securities (SDLs) replicating the composition of Nifty SDL Sep 2026 Index; subject to tracking errors.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).


• Fund Managers – Mr. Aditya Pagaria


• Benchmark – Nifty SDL Sep 2026 Index