Fund Details
Axis Banking & PSU Debt Fund Dividend Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.62% |
| NAV | ₹1034.94 (26 Feb 2021) |
|---|---|
| Fund Started | 08 Jun 2012 |
| Fund Size | ₹16,767 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 7.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.1% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 4.2% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.7% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.4% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 2.3% |
| REC Ltd. | Financial | Debenture | 2.3% |
| REC Ltd. | Financial | Debenture | 2.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.0% |
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 ₹16,767 Cr and the Latest NAV as of 26 Feb 2021 is ₹1034.94.
The Axis Banking & PSU Debt Fund Dividend Weekly is rated Low to Moderate 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.
