--- title: Axis Nifty India Defence Index Fund canonical_url: https://sanchaykaro.com/axis-nifty-india-defence-index-fund-2/ last_updated: 2026-04-24T08:09:30+00:00 plugin_version: 1.2.1 --- # Axis Nifty India Defence Index Fund **Published on:** April 22, 2026 | **Category:** NFO Updates, Mutual Funds If you have been tracking the latest **NFO alert** in the mutual fund space, here is a lucrative opportunity for your portfolio. The **Axis Nifty India Defence Index Fund NFO** is officially open for subscription. This new [fund offer](https://sanchaykaro.com/announcing-the-launch-of-the-bank-of-india-banking-financial-services-fund-nfo/) is designed for investors who want to ride the growth of India’s defence manufacturing story without picking individual stocks. In this [blog](https://sanchaykaro.com/blog/), we break down the key details, the investment strategy, and why this index fund deserves your attention. NFO Period: 10 April – 24 April 2026 ------------------------------------ Time is limited. The **Axis Nifty India Defence Index Fund NFO** opened on **10 April 2026** and will close on **24 April 2026**. Subscription windows for thematic NFOs are short, and this one is no exception. If you want to enter the defence sector at a low cost, mark your calendar. Why a Defence Index Fund? ------------------------- [India’s defence sector is witnessing record budgetary allocations](https://sanchaykaro.com/%f0%9f%9a%80-nfo-radar-ongoing-upcoming-new-fund-offers/), rising exports, and a strong push for indigenization under ‘Make in India’. Instead of trying to guess which defence stock will outperform, this **open-ended [index fund](https://sanchaykaro.com/the-modern-portfolio-4c-advantage-a-balanced-approach-to-equity-investing/)** tracks the **Nifty India Defence TRI** (Total Return Index). The index includes leading defence PSUs and private companies like Hindustan Aeronautics, Bharat Electronics, Mazagon Dock, and more. By investing in the **Axis Nifty India Defence Index Fund**, you get: - Diversified exposure to the entire defence ecosystem - Low expense ratio compared to active defence funds - No fund manager bias – pure index replication Key Highlights of the NFO ------------------------- Let’s look at the essential features every investor should know: - **Scheme Type:** Open-ended index fund tracking Nifty India Defence TRI - **Benchmark:** Nifty India Defence TRI - **Minimum Application Amount:** **₹100** and in multiples of ₹1 thereafter – one of the lowest entry points in the industry. - **Brokerage Payout:** Earn up to **0.74% brokerage (incl. GST)** , among the most competitive payouts in the industry, exclusively on **Sanchay Karo**. - **Exit Load:** Nil after the specified period (as per scheme document). How to Invest in This NFO? -------------------------- The process is fully digital. You can start with just ₹100. Follow these steps: 1. [Download the Kotak Connect Plus app](https://sanchaykaro.com/download-app/) using this link: **** 2. Register / login with your PAN and mobile number. 3. Navigate to NFO section and search “Axis Nifty India Defence Index Fund”. 4. Enter investment amount (minimum ₹100). 5. Complete the payment via UPI or net banking. > **Pro tip:** Use Kotak Connect Plus to unlock up to 0.74% brokerage (incl. GST) on this NFO – a significantly higher payout than most other platforms. > > ## Who Should Invest? > > This **NFO alert** is suitable for: > > - Investors with a long-term horizon (5+ years) > - Those who believe in India’s defence manufacturing growth story > - [Passive investors](https://sanchaykaro.com/silver-is-not-gold/) looking for low-cost thematic exposure > - First-time investors – because ₹100 minimum removes all entry barriers > However, defence is a cyclical and policy-driven sector. Please consult your [financial advisor](https://sanchaykaro.com/pension/) if you have a low risk appetite. > > [[NRI Investment](https://sanchaykaro.com/nri-investment/)](https://sanchaykaro.com/nri-investment/)## What is the Nifty India Defence TRI? > > The underlying **[Nifty India Defence TR](https://www.niftyindices.com/indices/equity/thematic-indices/nifty-india-defence)I** is a well-constructed index that captures the performance of companies deriving more than 60% of their revenue from defence and allied activities. The TRI version includes dividend reinvestment, giving you a true picture of total returns. By [investing in this index fund](https://sanchaykaro.com/%f0%9f%9a%80-sbi-nifty100-low-volatility-30-index-fund-nfo-should-you-invest-best-sbi-mutual-fund-review/), you own a small slice of India’s defence industrial complex. > > ## Important Dates & Brokerage Offer > > NFO Opens10 April 2026NFO Closes24 April 2026Allotment DateWithin 5 business days of closureMinimum Investment₹100 (plus multiples of ₹1)Brokerage (Kotak Connect Plus)Up to 0.74% (incl. GST)## Final Word – Don’t Miss This NFO > > The **Axis Nifty India Defence Index Fund** brings a high-potential theme to the passive investing world. With the NFO closing on **24 April 2026**, you have only a few days left to apply. The low entry point of **₹100** makes it accessible for everyone – from students to retirees. > > **Take action now:** Download the Sanchay karo app via the link below to start your investment and earn up to 0.74% brokerage. > > 👉 **[Download Sanchay karo App](https://apirrabbit.com/api/v1/master/LandingPage?arn=ARN-301757)** 👈 > > *Disclaimer: [Mutual fund investments](https://sanchaykaro.com/halal-and-ethical-investing-for-indian-muslims/) are subject to market risks. Read all scheme-related documents carefully. The above NFO alert is for informational purposes only and does not constitute investment advice.*