Description

Axis Mutual Fund's Nifty Capital Markets Index Fund NFO will be available on NSE MF Invest Platform from May 4 to May 15, 2026, with allotment on May 20, 2026.

Summary

NSE has informed all members that Axis Mutual Fund’s Nifty Capital Markets Index Fund NFO will be open for transactions on the NSE MF Invest Platform from May 4, 2026 to May 15, 2026 (till 11:59 PM). Two plan variants — Direct Growth and Regular Growth — are being offered, both classified under the Equity category, with allotment scheduled for May 20, 2026.

Key Points

  • NFO subscription window: May 4, 2026 to May 15, 2026 (till 11:59 PM)
  • Two schemes offered: Axis Nifty Capital Markets Index Fund Direct Growth (ISIN: INF846KA1549) and Regular Growth (ISIN: INF846KA1531)
  • Both schemes are Equity category index funds tracking the Nifty Capital Markets Index
  • Allotment date for both schemes: May 20, 2026
  • Funds must be received in the designated Clearing Corporation account by May 20, 2026, 12:30 PM

Regulatory Changes

No regulatory changes. This is a standard NFO launch notification issued by NSE’s NMF TM Segment (Circular Ref. No: 1344/2026, Download Ref No: NSE/NMFTM/73979).

Compliance Requirements

  • Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before May 20, 2026, 12:30 PM.
  • Members should make the NFO available on NSE MF Invest Platform for their clients during the subscription window.

Important Dates

  • May 4, 2026: NFO subscription opens on NSE MF Invest Platform
  • May 15, 2026 (11:59 PM): NFO subscription closes
  • May 20, 2026 (12:30 PM): Deadline for clear funds to reach Clearing Corporation account
  • May 20, 2026: Allotment date for both Direct Growth and Regular Growth schemes

Impact Assessment

This is a routine operational circular with low market impact. It enables NSE members to offer two new index fund schemes tracking the Nifty Capital Markets Index to their clients via the NSE MF Invest Platform. The fund focuses on the capital markets sector and is relevant for investors seeking passive equity exposure to capital market companies. No existing positions or trading operations are affected.

Impact Justification

Routine NFO launch announcement for a new index fund on NSE MF Invest Platform; affects only investors and members transacting mutual funds, with no broad market or regulatory impact.