Axis Mutual Fund has expanded its passive investment offerings with the launch of the Axis Nifty Capital Markets Index Fund, aimed at investors seeking long-term exposure to India’s growing financial markets ecosystem.
The fund tracks the Nifty Capital Markets TRI and offers exposure to businesses central to the functioning of capital markets, such as exchanges, brokerages, depositories, and asset management companies.
The fund house said the product is positioned as a low-cost, transparent, and rules-based investment structure aligned with India’s long-term capital market expansion story.
Commenting on the launch, B. Gopkumar said, “India’s capital markets are moving into a structurally deeper and more participative phase, supported by strong domestic flows, increasing retail engagement, and continued formalisation of savings. At Axis Mutual Fund, we see this as a long-term opportunity not just at the market level, but across the broader ecosystem that enables this growth.”
He further added, “With the Axis Nifty Capital Markets Index Fund, we are extending our passive investment suite to offer investors a targeted way to participate in this evolution. The fund is designed as a simple and transparent building block for portfolios, allowing investors to align with the long-term growth of India’s financial ecosystem.”