Axis Mutual Fund launches Axis Nifty Energy Index Fund & Axis Nifty Energy ETF NFOs offering exposure to India’s evolving capital energy ecosystem

 Axis Mutual Fund launches Axis Nifty Energy Index Fund & Axis Nifty Energy ETF NFOs offering exposure to India’s evolving capital energy ecosystem


Key highlights of the Axis Nifty Index Fund: 

Type: An open ended scheme replicating / tracking Nifty Energy TRI

Benchmark: Nifty Energy TRI

New Fund Offer (NFO) Period: Aug 07 2026 to Aug 21, 2026 

Fund Manager: Nandik Mallik, Rohit Gautam 

Minimum Application Amount: ₹100 and in multiples of ₹1 thereafter

Exit Load: 0.25% if redeemed / switched out within 15 days from the date of allotment. NIL afterwards 


Key Highlights of the Axis Nifty Energy ETF: 

Type: An open ended scheme replicating/tracking the Nifty Energy TRI

Benchmark: Nifty Energy TRI

Trading Symbol: ENERGYAXIS

New Fund Offer (NFO) Period: 12th August to 21st August 2026

Fund Managers: Nandik Malik and Rohit Gautam

Minimum Application Amount: ₹5000 and in multiples of ₹10 thereafter

Exit Load: Nil



Mumbai, 10th August 2026: Axis Mutual Fund, one of India’s leading asset management companies, announces the launch of the Axis Nifty Energy Index Fund and Axis Nifty Energy ETF providing investors with a simple and transparent way to participate in India's fast-evolving energy ecosystem. The Axis Nifty Energy Index Fund, one of the first funds in the Index category, opened on August 07, 2026 and closes on August 21, 2026. The Axis Nifty Energy ETF opens on August 12, 2026 and closes on August 21, 2026. The ETF will be listed on the exchange. Both schemes aim to provide returns, before expenses, that correspond to the performance of the Nifty Energy TRI, subject to tracking error.


Powering India's Next Decade of Growth

India's energy story is still in its early stages. Per capita electricity consumption in India remains significantly lower than many developed and emerging economies, highlighting the potential for long-term demand growth. At the same time, the country is witnessing a broad transformation across the energy value chain, spanning conventional energy sources, renewables, power generation, transmission infrastructure, energy equipment and emerging technologies. 


The scale of this opportunity is reflected in the infrastructure being built to support future demand. India is projected to add over 580 GW of power generation capacity over the next decade, more than the capacity added in its history thus far. Renewable energy is expected to account for a significant share of this expansion, while investments in transmission networks, storage solutions, natural gas infrastructure and grid modernisation continue to accelerate. 


Axis Nifty Energy Index Fund & Axis Nifty Energy ETF 

The Axis Nifty Energy Index Fund and Axis Nifty Energy ETF seek to replicate the Nifty Energy TRI, providing investors with a simple and cost-efficient way to participate in India's energy growth story. The funds offer diversified exposure across the energy value chain, including oil & gas, power generation, transmission & distribution, renewable energy, energy equipment, and related infrastructure.


Commenting on the launch, B. Gopkumar, MD & CEO, Axis AMC, said, “Energy remains one of the most critical building blocks of economic progress. As India advances towards higher levels of industrialisation, urbanisation and digitalisation, demand across the energy ecosystem is expected to grow significantly. At the same time, the sector is undergoing a structural transformation led by renewable energy adoption, transmission expansion, energy security initiatives and technological innovation."


He further added, “With exposure spanning conventional energy, renewable energy, transmission infrastructure, utilities and energy-enabling businesses, the Axis Nifty Energy Index Fund & Axis Nifty Energy ETF offers investors a single-point solution to participate in a theme that is expected to remain central to India's economic growth, industrial expansion and energy transition over the coming decades.”


The underlying index currently comprises up to 40 stocks selected from the Nifty 500 universe that are associated with the energy theme. Constituents are weighted based on free-float market capitalisation, while stock-level and industry-level caps are incorporated to prevent excessive concentration. No individual stock can have a weight of more than 10% and no industry can exceed 25% at the time of rebalancing, helping maintain diversification within the index. 


The index is reconstituted and rebalanced semi-annually in March and September to ensure that it continues to reflect the evolving structure of India's energy sector. This rules-based methodology allows investors to gain exposure to emerging opportunities across the energy landscape while maintaining transparency and consistency in portfolio construction


The funds are suitable for investors seeking to participate in India's long-term energy growth story through a passive investment solution. By providing diversified exposure across the energy ecosystem, the Axis Nifty Energy Index Fund and Axis Energy ETF can serve as a thematic allocation within investors' portfolios. The funds will be managed by Nandik Mallik and Rohit Gautam. 



************





In case of any media queries, please write to:

Mittal Solanki (Head, PR & Corporate Communications) 

mittal.solanki@axismf.com 


Apoorva Lad (Manager, PR & Corporate Communications) 

Apoorva.lad@axismf.com 


PR@axismf.com


Source: Axis MF Research, Nifty Indices on July 2026. 





 

Investors should consult their financial advisors if in doubt about whether the product is suitable for them. The risk-o-meter assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made. 


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). 


Note: The sectors mentioned above are used to explain the concept and is for illustration purpose only and should not be used for development or implementation of any investment strategy. It should not be construed as investment advice to any party. Past performance may or may not be sustained in future.  


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.

-Ends-

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