Axis Mutual Fund

Axis Banking & PSU Debt Fund Direct Plan Growth

₹ 2741.83

NAV (Jul 29)

7.511%
3 Year CAGR
Scripbox Opinion
neutral-badge
Neutral
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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 ->

Fund Size

Category Leader

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

Consistency of Credit quality

Satisfactory

The performance of the fund on a Consistency of Credit Quality metric has been Satisfactory

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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
0.35 %
Launched 12Y ago
2013-01-01
AUM in Crores
13264.5
ISIN
INF846K01CR6
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
0.1
YTM
-
asset-allocation

Asset allocation and Holdings

Last updated on 2025-03-12

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%
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Frequently Asked Questions

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