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| NAV: 05 Nov 2024 | ₹2,569.68 |
| Min. SIP amount | ₹1,000 |
| Rating | 4 |
| Fund size | ₹13,159.60Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Banking and PSU
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.9% | 6.1% | 6.4% | 7.8% |
| Category average | 8.0% | 5.8% | 6.2% | NA |
| Rank with in category | 20 | 12 | 12 | NA |
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Peer Comparison
| Debt, Banking and PSU funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
ICICI Prudential Banking & PSU Debt Direct Growth | 5 | 8.2% | 6.6% | 8,929.75 |
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 4 | 8.5% | 6.3% | 9,341.66 |
HDFC Banking and PSU Debt Fund Direct Growth | 4 | 8.5% | 6.3% | 5,748.27 |
Bandhan Banking & PSU Debt Fund Direct Growth | 4 | 8.0% | 6.1% | 13,434.76 |
Axis Banking & PSU Debt Direct Plan Growth | 4 | 7.9% | 6.1% | 13,159.60 |
Holdings (84)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 13.04% |
Export-Import Bank Of India | Financial | Debenture | 6.62% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.39% |
REC Ltd. | Financial | Debenture | 5.13% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 5.05% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 4.03% |
HDFC Bank Ltd. | Financial | NCD | 3.87% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 3.02% |
National Housing Bank | Financial | Debenture | 2.87% |
State Bank of India | Financial | Additional Tier 2 Bo | 2.41% |
Bajaj Finance Ltd. | Financial | Debenture | 2.15% |
HDFC Bank Ltd. | Financial | Debenture | 2.01% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 1.97% |
HDFC Bank Ltd. | Financial | Debenture | 1.86% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.82% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.72% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.59% |
HDB Financial Services Ltd. | Financial | Debenture | 1.58% |
Indian Bank | Financial | Additional Tier 2 Bo | 1.58% |
National Housing Bank | Financial | NCD | 1.53% |
State Bank of India | Financial | Additional Tier 2 Bo | 1.30% |
ICICI Bank Ltd. | Financial | Additional Tier 2 Bo | 1.14% |
HDFC Bank Ltd. | Financial | NCD | 1.14% |
Power Finance Corporation Ltd. | Financial | NCD | 1.14% |
Tata Capital Housing Finance Ltd. | Financial | Debenture | 0.95% |
REC Ltd. | Financial | Debenture | 0.95% |
HDB Financial Services Ltd. | Financial | NCD | 0.87% |
GOI | Sovereign | GOI Sec | 0.86% |
NTPC Ltd. | Energy | NCD | 0.80% |
Tata Capital Housing Finance Ltd. | Financial | Debenture | 0.78% |
GOI | Sovereign | GOI FRB | 0.78% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 0.77% |
Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 0.76% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.76% |
Tata Capital Housing Finance Ltd. | Financial | Bonds | 0.76% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.76% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.61% |
National Bank For Agriculture & Rural Development | Financial | FRB | 0.57% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.38% |
HDB Financial Services Ltd. | Financial | NCD | 0.38% |
REC Ltd. | Financial | NCD | 0.38% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.38% |
Export-Import Bank Of India | Financial | Debenture | 0.38% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.38% |
HDFC Bank Ltd. | Financial | Debenture | 0.37% |
REC Ltd. | Financial | NCD | 0.37% |
National Housing Bank | Financial | Debenture | 0.34% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.31% |
HDB Financial Services Ltd. | Financial | Debenture | 0.31% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.30% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.27% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.23% |
HDFC Bank Ltd. | Financial | Debenture | 0.20% |
GOI | Sovereign | GOI Sec | 0.20% |
REC Ltd. | Financial | NCD | 0.19% |
Nuclear Power Corpn. Of India Ltd. | Energy | Bonds | 0.19% |
Bajaj Housing Finance Ltd. | Financial | Debenture | 0.19% |
Power Finance Corporation Ltd. | Financial | NCD | 0.19% |
Small Industries Devp. Bank of India Ltd. | Financial | NCD | 0.19% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.16% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.13% |
Nuclear Power Corpn. Of India Ltd. | Energy | Bonds/NCD | 0.13% |
Export-Import Bank Of India | Financial | Bonds | 0.11% |
Sundaram Home Finance Ltd. | Financial | Debenture | 0.11% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.11% |
Power Finance Corporation Ltd. | Financial | NCD | 0.08% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.08% |
GOI | Sovereign | GOI Sec | 0.08% |
HDFC Bank Ltd. | Financial | Debenture | 0.08% |
Kotak Mahindra Prime Ltd. | Financial | NCD | 0.08% |
NTPC Ltd. | Energy | Bonds | 0.06% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.05% |
Tamilnadu State | Others | SDL | 0.04% |
Power Finance Corporation Ltd. | Financial | Bonds | 0.04% |
Axis Finance Ltd. | Financial | Debenture | 0.04% |
GOI | Sovereign | GOI Sec | 0.04% |
Chhattisgarh State | Others | SDL | 0.04% |
Power Finance Corporation Ltd. | Financial | NCD | 0.03% |
GOI | Sovereign | GOI Sec | 0.03% |
Telangana State | Financial | SDL | 0.03% |
Bharat Petroleum Corporation Ltd. | Energy | NCD | 0.01% |
Kotak Mahindra Investments Ltd. | Financial | Debenture | 0.01% |
Tamilnadu State | Others | SDL | 0.01% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 0.01% |
See All
Pros and cons
Category: Debt Banking and PSU
Pros
Exit load is zero
Lower expense ratio: 0.35%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
3Y, 5Y and 10Y annualised returns higher than category average
Cons
1Y annualised returns lower than category average by 0.07%
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Aditya PagariaAug 2016 - PresentView details
Aditya Pagaria
Aug 2016 - Present
View details
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.
Also manages these schemes
Hardik ShahJul 2023 - PresentView details
Hardik Shah
Jul 2023 - Present
View details
Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NAWebsite
www.axismf.com
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,
Email
[email protected]Website
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