Fund Details
Axis Banking & PSU Debt Fund IDCW Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.62% |
| NAV | ₹1034.71 (22 Jun 2021) |
|---|---|
| Fund Started | 08 Jun 2012 |
| Fund Size | ₹17,077 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
3. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 7.2% |
| GOI | Sovereign | GOI Sec | 5.0% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.9% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 4.1% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.6% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.4% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.3% |
| GOI | Sovereign | GOI Sec | 2.2% |
| REC Ltd. | Financial | Debenture | 2.2% |
Fund Managers
Axis Banking & PSU Debt Fund IDCW Monthly Details
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 08 Jun 2012. 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 ₹17,077 Cr and the Latest NAV as of 22 Jun 2021 is ₹1034.71.
The Axis Banking & PSU Debt Fund IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
