Axis Mutual Fund launches ‘Axis AAA Bond Plus SDL ETF - 2026 Maturity Fund of Fund’

Axis Mutual Fund has announced the launch of Axis AAA Bond Plus SDL ETF 2026 Maturity FoF. The benchmark index has a maturity date of April 30, 2026. The fund of fund is an extension to the Axis AAA Bond Plus SDL ETF - 2026 Maturity which was launched in May, 2021.

According to the press release, the FoF aims to provide passive long term debt investment solution for investors with a 5-year investment horizon. The fund of fund will deploy its assets predominantly in the underlying ETF which invests across AAA corporate bonds and SDLs.

“The debt space has seen a slew of target maturity products across various maturities and asset types. The idea of having an open ended structure with a defined maturity is an evolution brought on by passive products. With this FoF offering we hope to expand the availability of such solutions to investors who do not hold demat accounts and prefer to deal with the AMC directly,” said Chandresh Nigam, MD & CEO, Axis AMC.


The fund provides investors a defined tenure of close to 5 years. 5-year yields especially on the AAA and SDL curves have witnessed the largest retracement as markets have begun factoring improving macro-economic data and the gradual end the accommodative monetary policy by the RBI.