|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹2064.09 (19 Apr 2021)|
|Fund Started||08 Jun 2012|
|Fund Size||₹16,154 Cr|
|Bajaj Finance Ltd.||Financial||Debenture||0.0%|
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 ₹16,154 Cr and the Latest NAV as of 19 Apr 2021 is ₹2064.09.
The Axis Banking & PSU Debt Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.