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Axis Banking & PSU Debt Fund

Axis Banking & PSU Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.10

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,996 today.

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NAV Performance

Axis Banking & PSU Debt Fund performance graph for last 3 years
Performance of Axis Banking & PSU Debt Fund for last 3 Years

Fund Information

  • ₹ 2,083.077

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 16,896 Cr.

    as on 10 Jun 2021
  • 0.62%

    since 31 Dec 2020
  • 08 Jun 2012

  • Debt - Banking and PSU Fund

  • CRISIL 10 Year Gilt Index

  • Axis mutual fund

    Show All Funds

Highlights of this fund

Axis Banking & PSU Debt Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 08 Jun 2012. This fund is offered by one of the top AMC (Assets Management Company) Axis mutual fund. You can also view here all other Debt funds offered by Axis mutual fund.

Latest NAV of the fund is ₹ 2,083.077 as on 10 Jun 2021.

This fund has 9 years of track record. Since 31 Dec 2020 expense ratio of this fund is 0.62%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs).The scheme shall endeavor to generate optimum returns with low credit risk.

List of Fund Managers of Axis Banking & PSU Debt Fund

  • About Aditya Pagaria

    Picture of Aditya PagariaMr. 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. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.61% 1.26% 4.53% 2.59% 7.73% 11.05% 10.81% 8.41% 9.23% 6.92% 9.38% 10.45% 8.61% 8.87%
Category Average 0.27% 0.61% 2.08% 1.79% 6.42% 8.62% 8.75% 7.83% 8.40% 5.28% 7.32% 8.18% 7.81% 8.06%
Axis Banking & PSU Debt Fund 0.20%₹ 10,019 0.45%₹ 10,044 1.65%₹ 10,165 1.76%₹ 10,175 6.36%₹ 10,636 4.98%₹ 12,320 8.46%₹ 11,765 7.08%₹ 25,789 9.10%₹ 12,996 8.18%₹ 40,731 8.16%₹ 14,802 8.23%₹ 73,831 - -
Edelweiss Banking And PSU Debt Fund 0.61%₹ 10,061 1.26%₹ 10,126 4.53%₹ 10,452 2.59%₹ 10,259 7.66%₹ 10,766 6.92%₹ 12,443 11.05%₹ 12,336 9.38%₹ 26,379 10.81%₹ 13,618 10.45%₹ 42,115 - - - -
IDFC Banking & PSU Debt Fund 0.27%₹ 10,027 0.50%₹ 10,050 1.95%₹ 10,195 1.80%₹ 10,179 6.82%₹ 10,681 5.37%₹ 12,345 9.32%₹ 11,953 7.80%₹ 25,974 9.80%₹ 13,247 8.97%₹ 41,210 8.10%₹ 14,763 8.61%₹ 74,547 - -
Nippon India Banking & PSU Debt Fund 0.21%₹ 10,020 0.59%₹ 10,058 2.30%₹ 10,230 1.88%₹ 10,187 6.88%₹ 10,688 5.58%₹ 12,358 9.30%₹ 11,948 7.84%₹ 25,985 9.40%₹ 13,104 8.81%₹ 41,111 8.29%₹ 14,895 8.39%₹ 74,134 - -
Kotak Banking And PSU Debt Fund 0.22%₹ 10,022 0.83%₹ 10,083 2.07%₹ 10,206 1.77%₹ 10,176 6.94%₹ 10,693 5.49%₹ 12,352 8.91%₹ 11,863 7.61%₹ 25,925 9.34%₹ 13,081 8.63%₹ 41,003 8.35%₹ 14,935 8.34%₹ 74,044 - -
Franklin India Banking And PSU Debt Fund 0.19%₹ 10,019 0.52%₹ 10,052 2.19%₹ 10,219 1.97%₹ 10,196 6.36%₹ 10,636 5.36%₹ 12,344 8.38%₹ 11,749 7.05%₹ 25,781 9.27%₹ 13,057 8.27%₹ 40,788 8.13%₹ 14,785 8.15%₹ 73,693 - -

Portfolio Holdings

Portfolio holdings pattern of Axis Banking & PSU Debt Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    98.45%
  • Others Holdings:

    1.55%

Top Debt Instrument Type holdings of Axis Banking & PSU Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 87.45% ₹ 14,138.18 Cr.
GOI 10.38% ₹ 1,678.51 Cr.
T-Bills 0.62% ₹ 99.51 Cr.
Others 1.55% -

Top Debt Holdings of Axis Banking & PSU Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - National Bank for Agriculture & Rural Development 11.33% ₹ 1,829.85 Cr.
Bond - Govt of India 10.38% ₹ 1,678.51 Cr.
Bond - Rural Electrification Corporation Limited 9.42% ₹ 1,525.18 Cr.
Bond - Food Corporation of India Ltd. 7.47% ₹ 1,206.74 Cr.
Bond - Small Industries Development Bank Of India 7.44% ₹ 1,202.77 Cr.
Others 53.96%

Other Holdings

Holding TypeHolding Percentage
TREPS 2.40%
Net Receivables -0.85%