NAV as on 28-03-2025
₹ 2656.3
▲0.2%
1D
Inception Returns
7.9%
/yr
Axis Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.
Axis Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.31%, 6.72% and 6.51% respectively.
Axis Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Export Import Bank Of India, 7.1% Govt Stock 2034, Indian Railway Finance Corporation Limited, 7.18% Govt Stock 2033, National Bank For Agriculture And Rural Development
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs). The scheme shall endeavor to generate optimum returns with low credit risk.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Banking & PSU Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.35% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹12912 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 68.2% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (28-Mar-25)
as on (31-Dec-69)
Top 2 Sectors in February were Corporate, Government
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3Y CAGR
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Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth
1Y CAGR
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Axis Long Duration Fund Direct Growth
1Y CAGR
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Axis Strategic Bond Fund Direct Growth Option
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Axis Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.22% | 1.22% |
6 Month Returns | 4.08% | 4.08% |
1 Year Returns | 8.31% | 8.31% |
3 Years Returns | 21.55% | 6.72% |
5 Years Returns | 37.09% | 6.51% |
AAA | 100 |