Fund Details
Axis Banking & PSU Debt Fund Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.62% |
| NAV | ₹1039.51 (27 Nov 2020) |
|---|---|
| Fund Started | 08 Jun 2012 |
| Fund Size | ₹18,606 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Risk-adjusted returns are higher compared to the category
7. 3Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 5.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.6% |
| State Bank of India | Financial | NCD | 4.2% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.2% |
| GOI | Sovereign | CGL | 2.1% |
| REC Ltd. | Financial | Debenture | 2.1% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.1% |
Fund Managers
Axis Banking & PSU Debt Fund Dividend Weekly Details
Axis Banking & PSU Debt Fund Dividend Weekly 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹18,606 Cr and the Latest NAV as of 27 Nov 2020 is ₹1039.51.
The Axis Banking & PSU Debt Fund Dividend Weekly is rated Moderately Low 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.
