New Delhi, July 5 -- Axis Mutual Fund, one of India's leading asset management companies, has announced the launch of its new fund offering, Axis Nifty50 Equal Weight Index Fund.

This is an open-ended index scheme that seeks to track the Nifty50 Equal Weight Index and offer investors exposure to a diversified portfolio of India's leading blue-chip companies that are a part of the Nifty 50 Index, through a distinct equal-weighted allocation strategy.

The New Fund Offer (NFO) will open on 3 July, 2026, and close on 17 July, 2026.

Axis Nifty50 Equal Weight Index Fund aims to track the returns of the Nifty50 Equal Weight TRI, before expenses, subject to tracking error. The fund follows a rules-based approach where it invests equally across...