Axis Banking & PSU Debt Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 08 Jun 2012. Aditya Pagaria is the Current Fund Manager of Axis Banking & PSU Debt Fund 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 ₹1022.14.
The Axis Banking & PSU Debt Fund 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