NFO Alert: Axis Mutual Fund Launches CRISIL-IBX Fin Services 3-6 Months Debt Index

Axis Mutual Fund has launched a new debt index fund that is open for subscription from September 18, 2025, to September 23, 2025. The scheme is open-ended and falls under the Ultra Short Duration debt category. The minimum investment required is ₹5,000.

Objective of the Scheme

The fund’s objective is to provide returns that are in line with the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to expenses and tracking differences. The index consists of debt securities from the financial services sector with a residual maturity of 3 to 6 months.

Structure and Plans

Investors can opt for either the Growth plan or the IDCW (Income Distribution cum Capital Withdrawal) plan. The fund carries no lock-in period and charges zero exit load, allowing investors to redeem their units without penalty.

Risk and Benchmark

The scheme’s riskometer categorises it as Low to Moderate risk. Its performance will be measured against the CRISIL-IBX Financial Services 3-6 Months Debt Index, which tracks a specific set of short-duration debt instruments.

The fund will be managed by Aditya Pagaria of Axis Asset Management Company Ltd.. The registrar and transfer agent for the scheme is KFin Technologies Ltd.

Read more: NFO Alert: Axis Mutual Fund Unveils Nifty500 Quality 50 Index Fund!

Conclusion

The Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund offers investors an option to access short-term debt instruments linked to the financial services sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.