|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹1036.47 (09 Apr 2021)|
|Fund Started||22 Feb 2013|
|Fund Size||₹16,154 Cr|
|Food Corporation of India||FMCG||Bonds||7.2%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.0%|
|National Thermal Power Corp. Ltd.||Energy||NCD||4.2%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||3.7%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||2.5%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.4%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||2.3%|
Axis Banking & PSU Debt Direct Plan IDCW Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 22 Feb 2013. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Direct Plan IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹16,154 Cr and the Latest NAV as of 09 Apr 2021 is ₹1036.47.
The Axis Banking & PSU Debt Direct Plan IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.