Fund Details
Axis Banking & PSU Debt Direct Plan Bonus
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.31% |
| NAV | NA |
|---|---|
| Fund Started | 16 Jul 2014 |
| Fund Size | ₹18,606 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.31%
2. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 5.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.6% |
| State Bank of India | Financial | NCD | 4.2% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.2% |
| GOI | Sovereign | CGL | 2.1% |
| REC Ltd. | Financial | Debenture | 2.1% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.1% |
Fund Managers
Axis Banking & PSU Debt Direct Plan Bonus Details
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 ₹18,606 Cr and the Latest NAV as of is ₹0.00.
The Axis Banking & PSU Debt Direct Plan Bonus is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
