|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹1038.71 (07 May 2021)|
|Fund Started||08 Jun 2012|
|Fund Size||₹16,363 Cr|
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 08 Jun 2012. 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 ₹16,363 Cr and the Latest NAV as of 07 May 2021 is ₹1038.71.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.