Axis Banking & PSU Debt Fund IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

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Axis Banking & PSU Debt Fund IDCW Monthly
Debt
Banking and PSU
Low to Moderate Risk
Payout
7.63%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jan 2022₹1,032.76
Min. SIP amountNA
Rating4
Fund size₹15,960.22Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%7.6%7.5%8.1%
Category average4.4%8.4%7.7%NA
Rank with in category8103NA
Understand terms
Holdings (100)NameSectorInstrumentAssets
Food Corporation of India
FMCGBonds5.3%
GOI
SovereignGOI Sec5.2%
National Bank For Agriculture & Rural Development
FinancialDebenture5.2%
NTPC Ltd.
EnergyNCD4.3%
Hindustan Petroleum Corporation Ltd.
EnergyDebenture3.9%
GOI
SovereignCGL3.2%
Housing Development Finance Corpn. Ltd.
FinancialNCD2.7%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.5%
Indian Oil Corporation Ltd.
EnergyDebenture2.4%
REC Ltd.
FinancialDebenture2.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.62%
30 Nov 2021 - 31 Dec 2021
0.62%
31 Oct 2021 - 30 Nov 2021
0.62%
30 Sep 2021 - 31 Oct 2021
0.62%
31 Aug 2021 - 30 Sep 2021
0.62%
31 Jul 2021 - 31 Aug 2021
0.62%
30 Jun 2021 - 31 Jul 2021
0.62%
31 May 2021 - 30 Jun 2021
0.62%
30 Apr 2021 - 31 May 2021
0.62%
31 Mar 2021 - 30 Apr 2021
0.44%
28 Feb 2021 - 31 Mar 2021
0.62%
31 Jan 2021 - 28 Feb 2021
0.62%
31 Dec 2020 - 31 Jan 2021
0.62%
30 Nov 2020 - 31 Dec 2020
0.62%
31 Oct 2020 - 30 Nov 2020
0.62%
30 Sep 2020 - 31 Oct 2020
0.42%
31 Aug 2020 - 30 Sep 2020
0.62%
31 Jul 2020 - 31 Aug 2020
0.62%
30 Jun 2020 - 31 Jul 2020
0.62%
31 May 2020 - 30 Jun 2020
0.62%
30 Apr 2020 - 31 May 2020
0.59%
31 Mar 2020 - 30 Apr 2020
0.38%
29 Feb 2020 - 31 Mar 2020
0.59%
31 Jan 2020 - 29 Feb 2020
0.59%
31 Dec 2019 - 31 Jan 2020
0.59%
30 Nov 2019 - 31 Dec 2019
0.59%
31 Oct 2019 - 30 Nov 2019
0.59%
30 Sep 2019 - 31 Oct 2019
0.59%
31 Aug 2019 - 30 Sep 2019
0.59%
31 Jul 2019 - 31 Aug 2019
0.59%
30 Jun 2019 - 31 Jul 2019
0.59%
31 May 2019 - 30 Jun 2019
0.54%
30 Apr 2019 - 31 May 2019
0.55%
31 Mar 2019 - 30 Apr 2019
0.54%
28 Feb 2019 - 31 Mar 2019
0.54%
31 Jan 2019 - 28 Feb 2019
0.54%
31 Dec 2018 - 31 Jan 2019
0.54%
30 Nov 2018 - 31 Dec 2018
0.56%
31 Oct 2018 - 30 Nov 2018
0.56%
30 Sep 2018 - 31 Oct 2018
0.58%
31 Aug 2018 - 30 Sep 2018
0.58%
31 Jul 2018 - 31 Aug 2018
0.58%
30 Jun 2018 - 31 Jul 2018
0.58%
31 May 2018 - 30 Jun 2018
0.45%
30 Apr 2018 - 31 May 2018
0.45%
31 Mar 2018 - 30 Apr 2018
0.45%
28 Feb 2018 - 31 Mar 2018
0.45%
31 Jan 2018 - 28 Feb 2018
0.45%
31 Dec 2017 - 31 Jan 2018
0.40%
30 Nov 2017 - 31 Dec 2017
0.35%
31 Oct 2017 - 30 Nov 2017
0.35%
Expense ratio, exit load and taxExpense ratio: 0.62%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementAditya Pagaria
Aug 2016 - Present
View details
Education
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes
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Axis Treasury Advantage Fund Growth
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Axis Treasury Advantage Fund IDCW Monthly
Axis Liquid Fund Retail IDCW Daily
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Axis Liquid Fund Retail IDCW Monthly
Axis Liquid Fund Retail IDCW Weekly
Axis Treasury Advantage Fund Retail Growth
Axis Treasury Advantage Fund Retail IDCW Monthly
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Axis Gold ETF Fund
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Axis Banking & PSU Debt Fund IDCW Weekly
Axis Banking & PSU Debt Fund IDCW Monthly
Axis Liquid Direct Fund IDCW Daily
Axis Liquid Direct Fund Growth
Axis Liquid Direct Fund IDCW Weekly
Axis Liquid Direct Fund IDCW Monthly
Axis Banking & PSU Debt Direct Plan IDCW Weekly
Axis Banking & PSU Debt Direct Plan IDCW Daily
Axis Banking & PSU Debt Direct Plan Growth
Axis Banking & PSU Debt Direct Plan IDCW Monthly
Axis Gold Direct Plan IDCW
Axis Gold Direct Plan Growth
Axis Treasury Advantage Direct Fund Growth
Axis Treasury Advantage Direct Fund IDCW Weekly
Axis Treasury Advantage Direct Fund IDCW Daily
Axis Treasury Advantage Direct Fund IDCW Monthly
Axis Banking & PSU Debt Direct Plan Bonus
Axis Liquid Direct Fund Bonus
Axis Treasury Advantage Direct Fund Bonus
Axis Equity Advantage Fund Series 1 Direct Growth
Axis Equity Advantage Fund Series 1 Regular Growth
Axis Equity Advantage Fund Series 2 Regular Growth
Axis Ultra Short Term Fund Direct IDCW Daily
Axis Ultra Short Term Fund Direct Growth
Axis Ultra Short Term Fund Direct IDCW Monthly
Axis Ultra Short Term Fund Direct IDCW
Axis Ultra Short Term Fund Direct IDCW Weekly
Axis Ultra Short Term Fund Regular IDCW Daily
Axis Ultra Short Term Fund Regular Growth
Axis Ultra Short Term Fund Regular IDCW Monthly
Axis Ultra Short Term Fund Regular IDCW
Axis Ultra Short Term Fund Regular IDCW Weekly
Axis Overnight Fund Direct Growth
Axis Overnight Fund Direct IDCW Monthly
Axis Overnight Fund Regular Growth
Axis Overnight Fund Direct IDCW Daily
Axis Overnight Fund Regular IDCW Daily
Axis Money Market Fund Direct Growth
Axis Money Market Fund Regular Growth
Axis Money Market Fund Direct IDCW Monthly
Axis Money Market Fund Regular IDCW Quarterly
Axis Money Market Fund Direct IDCW Yearly
Axis Money Market Fund Regular IDCW Monthly
Axis AAA Bond Plus SDL ETF 2026 Maturity Growth
Axis Floater Fund Regular Growth
Axis Floater Fund Direct Growth
Axis AAA Bond Plus SDL ETF 2026 Maturity FoF Direct Growth
Axis AAA Bond Plus SDL ETF 2026 Maturity FoF Direct IDCW
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,54,086.69Cr
Date of IncorporationNA
 Axis Banking & PSU Debt Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to invest
 Axis Banking & PSU Debt Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 29 Jan 2022. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Fund IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹2,54,087 Cr and the Latest NAV as of 28 Jan 2022 is ₹1,032.76.
The Axis Banking & PSU Debt Fund IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
...Read more
Investment Objective
The scheme seeks to generate stable returns by investing predominantly in debt and money market instruments issued by banks, Public Sector Units & Pub
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.
...Read more
Fund benchmarkNIFTY Banking and PSU Debt TRI
Scheme Information Document(SID)
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
NA
E-mail
[email protected] / [email protected]
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Axis Banking & PSU Debt Fund IDCW Monthly
You can easily invest in Axis Banking & PSU Debt Fund IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Axis Banking & PSU Debt Fund IDCW Monthly from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Axis Banking & PSU Debt Fund IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Axis Banking & PSU Debt Fund IDCW Monthly provide?
The Axis Banking & PSU Debt Fund IDCW Monthly has been there from 08 Jun 2012 and the average annual returns provided by this
fund is 3.85% since its inception.
How much expense ratio is charged by Axis Banking & PSU Debt Fund IDCW Monthly?
The term Expense Ratio used for Axis Banking & PSU Debt Fund IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Axis Banking & PSU Debt Fund IDCW Monthly is 0.62% as of 29 Jan 2022...
What is the AUM of Axis Banking & PSU Debt Fund IDCW Monthly?
The AUM, short for Assets Under Management of Axis Banking & PSU Debt Fund IDCW Monthly is ₹15,960.22Cr as of 29 Jan 2022.
How to Redeem Axis Banking & PSU Debt Fund IDCW Monthly?
If you want to sell your Axis Banking & PSU Debt Fund IDCW Monthly holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Axis Banking & PSU Debt Fund IDCW Monthly?
You can select either SIP  or Lumpsum  investment of Axis Banking & PSU Debt Fund IDCW Monthly based on your investment objective and risk tolerance.
What is the NAV of Axis Banking & PSU Debt Fund IDCW Monthly?
The NAV of Axis Banking & PSU Debt Fund IDCW Monthly is ₹1,032.76 as of 28 Jan 2022.
What is the PE and PB ratio of Axis Banking & PSU Debt Fund IDCW Monthly?
The PE ratio ratio of Axis Banking & PSU Debt Fund IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	3.9%	7.6%	7.5%	8.1%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	8	10	3	NA

Name	Sector	Instrument	Assets
Food Corporation of India	FMCG	Bonds	5.3%
GOI	Sovereign	GOI Sec	5.2%
National Bank For Agriculture & Rural Development	Financial	Debenture	5.2%
NTPC Ltd.	Energy	NCD	4.3%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	3.9%
GOI	Sovereign	CGL	3.2%
Housing Development Finance Corpn. Ltd.	Financial	NCD	2.7%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	2.5%
Indian Oil Corporation Ltd.	Energy	Debenture	2.4%
REC Ltd.	Financial	Debenture	2.3%

Rank (total assets)	#7 in India
Total AUM	₹2,54,086.69Cr

Date of Incorporation	NA

Fund benchmark	NIFTY Banking and PSU Debt TRI

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Bengaluru – 560034
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Rating	4
Fund size	₹15,960.22Cr