Axis Mutual Fund launches ‘Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund’
Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund. It is an open-ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3-6 Months Debt Index with a relatively low-interest rate risk and relatively low credit risk). Managed by Aditya Pagaria, the fund will follow the Crisil-IBX Financial Services 3-6 Months Debt Index. The minimum investment amount is Rs. 5,000/- and in multiples of Rs. 1/- thereafter. The fund does not have an exit load and the NFO period is from 18th Sep 2025 to 23rd Sep 2025.
Axis CRISIL-IBX Financial Services 3–6 Months Debt Index Fund
The investment objective of the scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3–6 Months Debt Index before expenses, subject to tracking errors/tracking difference. There is no assurance that the investment objective of the scheme will be achieved.
The scheme will allocate 95–100% of its assets to fixed income instruments that replicate the index, with the remaining portion invested in debt and money market instruments to maintain liquidity. For detailed asset allocation and investment strategy, please refer to the SID. In line with the index, the fund will buy and hold ~6m securities till their residual maturity reaches 3m, then re-balance the portfolio by selling these securities and again buying 6m assets. The fund structure allows flexibility to investors to tailor their entry and exit according to individual objectives.
Commenting on the launch of the fund, Mr. B. Gopkumar, MD & CEO, Axis AMC said, “"We are pleased to introduce the Axis CRISIL-IBX Financial Services 3–6 Months Debt Index Fund, a strategic addition to our passive debt suite. This fund offers investors a low-duration, high-quality portfolio focused on the financial services sector. The fund is ideal for those seeking to balance risk and return over the short term. This launch reinforces our commitment to delivering cost-effective, transparent solutions that cater to evolving investor needs."
Key Attributes of the Fund
- Index YTM: Index has a mix of 3 - 6 months CPs, CDs and corporate bonds in the financial services sector. Currently, YTM of the Index is at 6.42% as on 15th Sep 2025.
- Low-Cost Passive Investment: A cost-efficient, hassle-free solution for investors seeking exposure to fixed income without the high fees associated with actively managed funds.
- High-Quality Portfolio: Focused on investing in AAA-rated assets, ensuring a relatively higher degree of protection and stability.
- Reduced Bias in Security Selection: Being a passively managed fund that aims to replicate its benchmark, it ensures minimal bias in the selection of securities, maintaining transparency and consistency.
- Simple and Easy: A straightforward investment strategy focused on a constant maturity portfolio within the Financial Services sector, offering clarity and simplicity to investors.
For more information, please visit www.axismf.com.
Source: Axis MF Research as on 17th Sep 2025.
Product Labelling: Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (An open-ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3-6 Months Debt Index. A relatively low interest rate risk and relatively low credit risk)
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is not a capital protection or guarantees returns scheme. Please refer to SID for detailed Investment Strategy and other scheme related features available at axismf.com
About Axis AMC: Axis AMC is one of India`s fastest growing assets managers offering a comprehensive bouquet of asset management products across mutual funds (https://www.axismf.com/), portfolio management services and alternative investments (https://www.axisamc.com/homepage).
Crisil Indices Limited Disclaimer: Each CRISIL Index (including, for the avoidance of doubt, its values and constituents) is the sole property of CRISIL Limited (CRISIL). No CRISIL Index may be copied, retransmitted or redistributed in any manner. While CRISIL uses reasonable care in computing the CRISIL Indices and bases its calculation on data that it considers reliable, CRISIL does not warrant that any CRISIL Index is error-free, complete, adequate or without faults. Anyone accessing and/or using any part of the CRISIL Indices does so subject to the condition that: (a) CRISIL is not responsible for any errors, omissions or faults with respect to any CRISIL Index or for the results obtained from the use of any CRISIL Index; (b) CRISIL does not accept any liability (and expressly excludes all liability) arising from or relating to their use of any part of CRISIL Indices.
Disclaimer: This press release represents the views of Axis Asset Management Co. Ltd. and must not be taken as the basis for an investment decision. Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, its Directors or associates shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The material is prepared for general communication and should not be treated as research report. The data used in this material is obtained by Axis AMC from the sources which it considers reliable. The above should not be construed as an investment advise. Axis MF/AMC is not guaranteeing any returns on any investments.
While utmost care has been exercised while preparing this document, Axis AMC does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). The AMC reserves the right to make modifications and alterations to this statement as may be required from time to time.
Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
