|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|Fund Started||16 Jul 2014|
|Fund Size||₹16,363 Cr|
Axis Banking & PSU Debt Direct Plan Bonus is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 16 Jul 2014. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Direct Plan Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹16,363 Cr and the Latest NAV as of is ₹0.00.
The Axis Banking & PSU Debt Direct Plan Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
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.