Mumbai: Axis Mutual Fund has announced the launch of the Axis CRISIL IBX Financial Services 3–6 Months Debt Index Fund, an open-ended constant maturity index fund that will track the CRISIL-IBX Financial Services 3-6 Months Debt Index.
The New Fund Offer (NFO) will remain open from September 18, 2025, to September 23, 2025.
Low-Risk, Transparent Investment Option
The Axis CRISIL IBX Financial Services 3–6 Months Debt Index Fund is positioned as a low-interest-rate-risk and low-credit-risk investment option. Managed by Aditya Pagaria, the fund carries no exit load and requires a minimum investment of ₹5,000, with subsequent investments allowed in multiples of ₹1.
Also Read: Axis Mutual Fund Launches Axis Nifty500 Quality 50 Index Fund
The fund’s investment objective is to provide returns corresponding to the total returns of securities represented by the CRISIL-IBX Financial Services 3–6 Months Debt Index, before expenses, subject to tracking errors.
Investment Strategy and Portfolio Allocation
The scheme will allocate 95-100% of assets to fixed income instruments replicating the index, with the balance invested in debt and money market instruments for liquidity. The fund will adopt a buy-and-hold approach, purchasing ~6-month securities and holding them until their residual maturity reduces to 3 months before rebalancing.
Focus on High-Quality, Low-Duration Portfolio
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.”
Also Read: Axis Max Life Insurance Partners with IPPB to Boost Life Insurance Penetration in Rural India
The index comprises AAA-rated CPs, CDs, and corporate bonds, ensuring a high-quality portfolio. As of September 15, 2025, the Index YTM stands at 6.42%.
Key Highlights of Axis CRISIL IBX Financial Services 3-6 Months Debt Index Fund
- NFO period: September 18–23, 2025
- Minimum investment: ₹5,000 (multiples of ₹1 thereafter)
- Exit load: Nil
- Fund Manager: Aditya Pagaria
- Portfolio: AAA-rated financial sector instruments
- Index YTM: 6.42% (as on September 15, 2025)
- Passive, low-cost structure ensuring minimal selection bias
For more details, investors can visit www.axismf.com
.
