Name: Axis Banking & PSU Debt Fund IDCW Monthly
Brand: Axis Mutual Fund

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Axis Banking & PSU Debt Fund IDCW Monthly
Debt
Banking and PSU
Low to Moderate Risk
4.78%
1Y return
-0.04% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Sep 2021₹1,035.05
Min. SIP amountNA
Rating4star
Fund size₹16,786.01 Cr
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 returns4.8%9.0%7.9%8.3%
Category average4.4%8.4%7.7%NA
Rank with in category1673NA
Understand termsinfo
Holdings (99)NameSectorInstrumentAssets
Food Corporation of India
FMCGBonds7.3%
National Bank For Agriculture & Rural Development
FinancialDebenture5.0%
GOI
SovereignGOI Sec5.0%
NTPC Ltd.
EnergyNCD4.1%
Hindustan Petroleum Corporation Ltd.
EnergyDebenture3.7%
GOI
SovereignCGL2.9%
Housing Development Finance Corpn. Ltd.
FinancialNCD2.6%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.4%
Indian Oil Corporation Ltd.
EnergyDebenture2.3%
REC Ltd.
FinancialDebenture2.2%
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 Aug 2021 - Present
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 termsinfo
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
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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.
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Fund house & investment objective
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Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM1,94,434.19 Cr
Date of Incorporation04 Sep 2009
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 0
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 04 Sep 2009. 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 ₹1,94,434 Cr and the Latest NAV as of 24 Sep 2021 is ₹1,035.05.
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
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
E-mail
[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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	1Y	3Y	5Y	All
Fund returns	4.8%	9.0%	7.9%	8.3%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	16	7	3	NA

Name	Sector	Instrument	Assets
Food Corporation of India	FMCG	Bonds	7.3%
National Bank For Agriculture & Rural Development	Financial	Debenture	5.0%
GOI	Sovereign	GOI Sec	5.0%
NTPC Ltd.	Energy	NCD	4.1%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	3.7%
GOI	Sovereign	CGL	2.9%
Housing Development Finance Corpn. Ltd.	Financial	NCD	2.6%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	2.4%
Indian Oil Corporation Ltd.	Energy	Debenture	2.3%
REC Ltd.	Financial	Debenture	2.2%

Rating	4
Fund size	₹16,786.01 Cr