Axis Banking & PSU Debt Direct Plan Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 11 Jan 2013. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Direct Plan Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹8,803 Cr and the Latest NAV as of 23 Oct 2019 is ₹1022.15.
The Axis Banking & PSU Debt Direct Plan Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment