|Min SIP Amount||₹1000|
|NAV||₹1036.55 (03 Jul 2020)|
|Fund Started||22 Feb 2013|
|Fund Size||₹15,317 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.4%|
|State Bank of India||Financial||NCD||4.7%|
|Food Corporation of India||FMCG||Bonds||4.5%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||4.1%|
|National Thermal Power Corp. Ltd.||Energy||NCD||3.6%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.7%|
|National Highways Authority of India Ltd.||Services||NCD||2.1%|
|ICICI Bank Ltd.||Financial||Bonds||2.0%|
Axis Banking & PSU Debt Direct Plan Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹15,317 Cr and the Latest NAV as of 03 Jul 2020 is ₹1036.55.
The Axis Banking & PSU Debt Direct Plan Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
To generate stable returns by investing predominantly in debt & money market instruments issued by banks.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.