• Mutual Funds
  • Axis Mutual Fund
  • Axis Banking & PSU Debt Fund Regular Growth
Axis Mutual Fund

Axis Banking & PSU Debt Fund Regular Plan Growth

DebtBanking And Psu

2498.76

NAV (Nov 08)

5.77%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

2498.76

NAV (Nov 8)

Fund Returns

Last 1Y
7.6%
Last 3Y
5.8%
Last 5Y
6.1%
Last 10Y
7.3%
Since Inception
7.6%
6 Month CAGR
4%

Scheme Information

Investment Objective

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
13044.5
ISIN
INF846K01CB0
Lock-in (days)
No Lock-in
Benchmark
Nifty Banking & PSU Debt Index A-II
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.9
Beta
1.7
Sharpe Ratio
-0.3
YTM
-
Fund Managers

Aditya Pagaria

Fund Manager

Hardik Shah

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Banking & PSU Debt Fund (G)70%8,48,350 1,15,7386.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-05-29

Top Debt Holdings

GOI

11.9%
11.9%

Export-Import Bank Of India

6.54%
6.54%

REC Ltd.

5.48%
5.48%

Indian Railway Finance Corporation Ltd.

5.22%
5.22%

Small Industries Devp. Bank of India Ltd.

5.18%
5.18%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
kotak-mahindra
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,029 cr

₹ 14,839 cr

₹ 12,473 cr

₹ 4,550 cr

₹ 15,097 cr

amc-img

About the AMC

Axis Mutual Fund

Axis Asset Management Company Ltd. is the mutual fund investment division of Axis Bank. Axis bank holds a 74.99% share in the AMC, and Schroder Singapore Holdings Private Limited owns the remaining 24%. Axis Mutual Fund (Axis MF) launched its first scheme in 2009. amc-img
phone-img022-24255161
Fund NameScripbox Opinion
Till Date CAGR

6.3%

7%

-

5.8%

5.8%

4.9%

6.4%

8%

6.2%

7.1%

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 7.65% 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 11/8/2024 is ₹2498.76 with the total AUM as of 11/11/2024 is ₹13044.55. 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 7.61% 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 .

Frequently Asked Questions

What is Axis Banking & PSU Debt Fund ?

It is a Banking And Psu Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Banking & PSU Debt Fund ?

You can invest in Axis Banking & PSU Debt Fund Regular Plan through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Banking & PSU Debt Fund ?

The minimum sip amount for Axis Banking & PSU Debt Fund Regular Plan is ₹1000. You can invest in multiples of ₹5000.

Is Axis Banking & PSU Debt Fund Regular Plan good to invest in?

According to Scripbox opinion, it is a 3-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

What is the expense ratio of the Axis Banking & PSU Debt Fund Regular Plan Growth?

The expense ratio of the Axis Banking & PSU Debt Fund Regular Growth is 0.63% for regular plan.

What is the NAV of Axis Banking & PSU Debt Fund ?

Today's Axis Banking & PSU Debt Fund Regular Growth NAV is ₹2498.76.