Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Axis Banking & PSU Debt Direct Plan IDCW Daily
+6.67%
3Y annualised
+0.06% 1D
NAV: 22 May '26
₹1,034.07
Min. for SIP
Not Supported
Fund size (AUM)
₹12,530.68 Cr
Expense ratio
0.39%
Rating
4
Holdings (169)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| REC Ltd. | Financial | Debenture | 3.72% |
| Punjab National Bank | Financial | CD | 3.40% |
| Power Finance Corporation Ltd. | Financial | Bonds | 3.35% |
| Bank Of Baroda | Financial | CD | 2.66% |
| HDFC Bank Ltd. | Financial | CD | 2.64% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 2.37% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 2.35% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.96% |
| Power Finance Corporation Ltd. | Financial | Debenture | 1.94% |
| HDFC Bank Ltd. | Financial | CD | 1.89% |
| Canara Bank | Financial | CD | 1.88% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.76% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.58% |
| National Housing Bank | Financial | Bonds | 1.54% |
| REC Ltd. | Financial | FRB | 1.48% |
| Punjab State | Others | SDL | 1.47% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 1.38% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.37% |
| NTPC Ltd. | Energy | NCD | 1.19% |
| HDFC Bank Ltd. | Financial | CD | 1.14% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.14% |
| Canara Bank | Financial | CD | 1.14% |
| GOI | Sovereign | GOI Sec | 1.13% |
| ICICI Bank Ltd. | Financial | CD | 1.12% |
| National Housing Bank | Financial | Bonds | 1.06% |
| National Housing Bank | Financial | Debenture | 1.00% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 1.00% |
| REC Ltd. | Financial | Debenture | 0.98% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.96% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 0.96% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.95% |
| Siddhivinayak Securitisation Trust | Others | Sec. Debt | 0.95% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 0.86% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 0.80% |
| Bajaj Finance Ltd. | Financial | Bonds/NCD | 0.80% |
| HDB Financial Services Ltd. | Financial | Debenture | 0.79% |
| Karnataka State | Others | SDL | 0.79% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 0.79% |
| Power Grid Corporation Of India Ltd. | Energy | Bonds | 0.77% |
| Indian Bank | Financial | CD | 0.76% |
| Bank Of Baroda | Financial | CD | 0.76% |
| Canara Bank | Financial | CD | 0.76% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.73% |
| Export-Import Bank Of India | Financial | Bonds | 0.72% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.64% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.64% |
| Bajaj Finance Ltd. | Financial | Debenture | 0.62% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 0.61% |
| Radhakrishna Securitisation Trust | Others | Sec. Debt | 0.61% |
| National Housing Bank | Financial | NCD | 0.60% |
| Nexus Select Trust | Construction | Debenture | 0.60% |
| Bharti Telecom Ltd. | Communication | Debenture | 0.59% |
| Power Grid Corporation Of India Ltd. | Energy | Bonds/Deb | 0.58% |
| Bajaj Finance Ltd. | Financial | Bonds | 0.58% |
| GOI | Sovereign | GOI Sec | 0.58% |
| Punjab National Bank | Financial | CD | 0.56% |
| National Bank For Financing Infrastructure And Development | Financial | Debenture | 0.55% |
| Bajaj Finance Ltd. | Financial | Debenture | 0.51% |
| Tata Capital Housing Finance Ltd. | Financial | Debenture | 0.51% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 0.51% |
| Bajaj Finance Ltd. | Financial | Debenture | 0.48% |
| REC Ltd. | Financial | Debenture | 0.44% |
| Export-Import Bank Of India | Financial | Debenture | 0.40% |
| Tata Capital Housing Finance Ltd. | Financial | Bonds | 0.40% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.40% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 0.40% |
| Kotak Mahindra Prime Ltd. | Financial | Bonds | 0.40% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.40% |
| Export-Import Bank Of India | Financial | Bonds | 0.40% |
| Kotak Mahindra Investments Ltd. | Financial | Debenture | 0.40% |
| Tata Capital Housing Finance Ltd. | Financial | NCD | 0.40% |
| Tata Capital Housing Finance Ltd. | Financial | Debenture | 0.40% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.39% |
| Andhra Pradesh State | Financial | SDL | 0.39% |
| Karnataka State | Others | SDL | 0.39% |
| Tata Capital Ltd.(Partly Paid Equity) | Financial | Debenture | 0.39% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.39% |
| Union Bank of India | Financial | CD | 0.38% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.38% |
| HDFC Bank Ltd. | Financial | CD | 0.38% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 0.37% |
| REC Ltd. | Financial | NCD | 0.36% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.36% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.36% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.33% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.32% |
| Gujarat State | Construction | SDL | 0.32% |
| Bajaj Finance Ltd. | Financial | Bonds | 0.31% |
| Karnataka State | Others | SDL | 0.29% |
| GOI | Sovereign | GOI Sec | 0.24% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 0.24% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 0.24% |
| Karnataka State | Others | SDL | 0.24% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.23% |
| NTPC Ltd. | Energy | Debenture | 0.20% |
| REC Ltd. | Financial | NCD | 0.20% |
| Tata Cleantech Capital Ltd | Financial | Debenture | 0.20% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.20% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.20% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.20% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.20% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Bonds | 0.20% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 0.20% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.20% |
| Nexus Select Trust | Construction | Debenture | 0.20% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.20% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.20% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 0.20% |
| Export-Import Bank Of India | Financial | CP | 0.20% |
| HDFC Bank Ltd. | Financial | Bonds | 0.20% |
| REC Ltd. | Financial | Debenture | 0.20% |
| Karnataka State | Others | SDL | 0.20% |
| HDFC Bank Ltd. | Financial | Debenture | 0.20% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 0.20% |
| Bihar State | Others | SDL | 0.20% |
| Bharti Telecom Ltd. | Communication | Debenture | 0.20% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 0.20% |
| National Bank For Financing Infrastructure And Development | Financial | Debenture | 0.20% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/Deb | 0.20% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.20% |
| Bajaj Finance Ltd. | Financial | Bonds/NCD | 0.19% |
| HDFC Bank Ltd. | Financial | CD | 0.19% |
| Power Grid Corporation Of India Ltd. | Energy | Debenture | 0.19% |
| Punjab National Bank | Financial | CD | 0.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 0.18% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.18% |
| Gujarat State | Construction | SDL | 0.16% |
| Gujarat State | Construction | SDL | 0.16% |
| NTPC Ltd. | Energy | Bonds | 0.14% |
| Sundaram Home Finance Ltd. | Financial | Debenture | 0.12% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 0.11% |
| Bihar State | Others | SDL | 0.09% |
| L&T Finance Ltd. | Financial | NCD | 0.08% |
| Maharashtra State | Others | SDL | 0.08% |
| Tata Capital Housing Finance Ltd. | Financial | Debenture | 0.08% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.08% |
| HDFC Bank Ltd. | Financial | Debenture | 0.08% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.08% |
| Tamilnadu State | Others | SDL | 0.08% |
| GOI | Sovereign | GOI Sec | 0.08% |
| Rajasthan State | Others | SDL | 0.08% |
| HDFC Bank Ltd. | Financial | Debenture | 0.08% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.08% |
| GOI | Sovereign | GOI Sec | 0.04% |
| GOI | Sovereign | GOI Sec | 0.04% |
| HDB Financial Services Ltd. | Financial | Debenture | 0.04% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.04% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.04% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.04% |
| GOI | Sovereign | GOI Sec | 0.04% |
| GOI | Sovereign | GOI Sec | 0.04% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.04% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.03% |
| GOI | Sovereign | GOI Sec | 0.03% |
| LIC Housing Finance Ltd. | Financial | NCD | 0.02% |
| Tata Capital Ltd. | Financial | Debenture | 0.02% |
| NTPC Ltd. | Energy | Bonds | 0.02% |
| Tamilnadu State | Others | SDL | 0.01% |
| Andhra Pradesh State | Financial | SDL | 0.01% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.01% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 0.01% |
| National Housing Bank | Financial | NCD | 0.01% |
| Hongkong & Shanghai Banking Corpn. Ltd. | Financial | IRS | 0.01% |
| ICICI Bank Ltd. | Financial | Debenture | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Financial | IRS | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Financial | IRS | 0.00% |
| ICICI Securities Primary Dealership Ltd. | Financial | IRS | -0.00% |
| ICICI Bank Ltd. | Financial | IRS | -0.00% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +6.7% | +5.9% | +7.2% | +7.6% |
| Category average (Debt Banking and PSU) | +7.3% | +5.7% | +7.1% | -- |
| Rank (Debt Banking and PSU) | 13 | 12 | 8 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
UTI Banking & PSU Fund Direct IDCW Quarterly | +5.03% | +6.94% | 1,206.43 | |
Axis Banking & PSU Debt Direct Plan IDCW Weekly | +3.88% | +6.67% | 12,530.68 | |
Axis Banking & PSU Debt Direct Plan IDCW Monthly | +3.88% | +6.67% | 12,530.68 | |
Bandhan Banking and PSU Fund Direct IDCW | +4.10% | +6.67% | 12,107.72 | |
Bandhan Banking and PSU Fund Direct IDCW Quarterly | +4.10% | +6.67% | 12,107.72 | |
| Compare | ||||
Fund management
HSHardik ShahJul 2023 - PresentView details
HS
Hardik Shah
Jul 2023 - Present
View details
APAditya PagariaAug 2016 - PresentView details
AP
Aditya Pagaria
Aug 2016 - Present
View details
About Axis Banking & PSU Debt Direct Plan IDCW Daily
Axis Banking & PSU Debt Direct Plan IDCW Daily is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Hardik Shah is the Current Fund Manager of Axis Banking & PSU Debt Direct Plan IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,572 Cr and the Latest NAV as of 22 May 2026 is ₹1,034.07.
The Axis Banking & PSU Debt Direct Plan IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to ₹1,000.
;
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.
Fund benchmarkNifty Banking & PSU Debt Index A-II
Fund house
Rank (total assets)#7 in India
Total AUM₹3,66,572.37 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,