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

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Axis Banking & PSU Debt Fund IDCW Weekly
Debt
Banking and PSU
Low to Moderate Risk
4.56%
1Y return
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Aug 2021₹1,038.40
Min. SIP Amount₹1,000
Rating4star
Fund Size₹16,496.42 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
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 returns4.6%8.7%8.0%8.4%
Category average4.4%8.4%7.7%NA
Rank with in category1093NA
Understand termsinfo
Holdings (102)NameSectorInstrumentAssets
Food Corporation of IndiaFMCGBonds7.4%
GOI
SovereignGOI Sec5.2%
National Bank For Agriculture & Rural Development
FinancialDebenture5.1%
NTPC Ltd.EnergyNCD4.2%
Hindustan Petroleum Corporation Ltd.EnergyDebenture3.8%
Housing Development Finance Corpn. Ltd.FinancialNCD2.6%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.4%
Indian Oil Corporation Ltd.EnergyDebenture2.3%
GOI
SovereignGOI Sec2.3%
REC Ltd.FinancialDebenture2.3%
See All
Pros and consCategory: Debt Banking and PSU
Pros3Y Returns are higher than the category average returns
Exit load is zero
5Y Returns are higher than the category average returns
Cons1Y Returns are lower than the category average returns
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. 
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
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
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 Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04
Axis Banking & PSU Debt Fund IDCW Weekly 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 Weekly fund. The fund currently has an Asset Under Management(AUM) of ₹1,94,434 Cr and the Latest NAV as of 03 Aug 2021 is ₹1,038.40.
The Axis Banking & PSU Debt Fund IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. ...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	4.6%	8.7%	8.0%	8.4%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	10	9	3	NA

Name	Sector	Instrument	Assets
Food Corporation of India	FMCG	Bonds	7.4%
GOI	Sovereign	GOI Sec	5.2%
National Bank For Agriculture & Rural Development	Financial	Debenture	5.1%
NTPC Ltd.	Energy	NCD	4.2%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	3.8%
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%
GOI	Sovereign	GOI Sec	2.3%
REC Ltd.	Financial	Debenture	2.3%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund Size	₹16,496.42 Cr