India, Aug. 10 -- Axis Mutual Fund has announced 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.

India's energy story is still in its early stages. Per capita electricity consumption in India remains signific...