|Min SIP Amount||₹1000|
|NAV||₹1039.55 (27 Nov 2020)|
|Fund Started||11 Jan 2013|
|Fund Size||₹18,606 Cr|
|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%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||2.1%|
Axis Banking & PSU Debt Direct Plan Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 11 Jan 2013. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Direct Plan Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹18,606 Cr and the Latest NAV as of 27 Nov 2020 is ₹1039.55.
The Axis Banking & PSU Debt Direct Plan Dividend Weekly is rated Moderately Low 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.