- Mutual Funds
- Axis Mutual Fund
- Axis Banking & PSU Debt Fund Regular Growth
Axis Banking & PSU Debt Fund Regular Plan Growth
₹ 2597.53
NAV (Apr 11)
Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scheme Information
The scheme seeks to generate stable returns by investing predominantly in debt and money market instruments issued by banks, Public Sector Units & Public Financial Institutions.
Expense Ratio | 0.63 % |
Launched 12Y ago | 2012-06-08 |
AUM in Crores | 12961.5 |
ISIN | INF846K01CB0 |
Lock-in (days) | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.9 |
Beta | 1.7 |
Sharpe Ratio | -0.2 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
GOI
11.9%Export-Import Bank Of India
6.54%REC Ltd.
5.48%Indian Railway Finance Corporation Ltd.
5.22%Small Industries Devp. Bank of India Ltd.
5.18%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 7,713 cr | ||
₹ 14,724 cr | ||
₹ 9,086 cr | ||
₹ 4,484 cr | ||
₹ 13,293 cr |
Axis Banking & PSU Debt Fund Regular Plan Growth Review
Axis Banking & PSU Debt Fund Regular Plan Growth is a Banking And Psu Debt fund and has delivered an annualised return of 7.71% over 12 years. The fund has grown over a period of 12 years. The fund is managed by Axis Mutual Fund. The fund managers are Aditya Pagaria, Hardik Shah.
Nav of Axis Banking & PSU Debt Fund as of 4/11/2025 is ₹2597.53 with the total AUM as of 4/13/2025 is ₹12961.49. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Banking & PSU Debt Fund was launched on 2012-06-08. The category risk of the fund is Moderate.
The minimum SIP amount for Axis Banking & PSU Debt Fund Regular Plan Growth is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis Banking & PSU Debt Fund Regular Growth is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Banking & PSU Debt Index A-II.
Scripbox has rated it 3 stars, indicating it's a neutral fund in the Debt category and delivered 8.59% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Banking & PSU Debt Fund.