Axis Banking & PSU Debt Fund Growth0.00%

9.76%
1 Year Return
Debt
Banking & PSU
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Banking & PSU Debt Fund Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.62%
NAV2029.80 (23 Oct 2020)
Fund Started08 Jun 2012
Fund Size17,591 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Banking & PSU Debt Fund Growth
9.8%
9.2%
8.7%
8.8%
Category Average
10.1%
8.5%
8.4%
-
Rank within category
14
3
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 9.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    6. Risk-adjusted returns are higher compared to the category
    7. 3Y Returns are higher than the category average returns
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Food Corporation of IndiaFMCGBonds4.9%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.8%
    State Bank of IndiaFinancialNCD4.4%
    National Thermal Power Corp. Ltd.EnergyNCD4.0%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture3.6%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.4%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture2.3%
    GOISovereignCGL2.3%
    REC Ltd.FinancialDebenture2.2%
    Indian Oil Corpn. Ltd.EnergyDebenture2.2%
    See All

    Fund Managers

    addAditya Pagaria
    Education
    Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
    Experience
    Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
    Funds Managed

    Axis Banking & PSU Debt Fund Growth Details

    Axis Banking & PSU Debt Fund Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 08 Jun 2012. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17,591 Cr and the Latest NAV as of 23 Oct 2020 is ₹2029.80.

    The Axis Banking & PSU Debt Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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