| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.62% |
| NAV | ₹2002.00 (07 Aug 2020) |
|---|---|
| Fund Started | 08 Jun 2012 |
| Fund Size | ₹16,437 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.2% |
| State Bank of India | Financial | NCD | 4.8% |
| Food Corporation of India | FMCG | Bonds | 4.3% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.8% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.5% |
| REC Ltd. | Financial | Debenture | 2.3% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.3% |
| REC Ltd. | Financial | Debenture | 2.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.9% |
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 ₹16,437 Cr and the Latest NAV as of 07 Aug 2020 is ₹2002.00.
The Axis Banking & PSU Debt Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
To generate stable returns by investing predominantly in debt & money market instruments issued by banks.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.