Fund Performance
Lumpsum
SIP
6.34
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,025 today.
NAV Performance
Fund Information
-
₹ 2,228.569
as on 24 Mar 2023 -
Regular - Growth
-
6 / 19
-
₹ 5,000
-
₹ 16,241 Cr.
as on 31 Dec 2021 -
0.62%
-
08 Jun 2012
-
CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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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 ₹ 2,228.569 as on 24 Mar 2023.
This fund has 10 years of track record. Since 31 Oct 2021 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
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About Aditya Pagaria
Mr. 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 | 0.34% | 0.85% | 1.55% | 3.45% | 10.80% | 7.15% | 7.95% | 7.62% | 8.20% | 7.73% | 8.04% | 7.26% | 6.53% | 7.26% |
| Category Average | 0.24% | 0.69% | 1.40% | 3.05% | 4.15% | 4.20% | 6.35% | 6.61% | 7.28% | 5.43% | 4.29% | 4.41% | 5.73% | 6.60% |
| Axis Banking & PSU Debt Fund | 0.24%₹ 10,024 | 0.69%₹ 10,068 | 1.38%₹ 10,137 | 3.05%₹ 10,304 | 4.23%₹ 10,423 | 5.08%₹ 12,325 | 4.11%₹ 10,839 | 4.26%₹ 25,070 | 6.34%₹ 12,025 | 4.40%₹ 38,489 | 6.86%₹ 13,939 | 5.79%₹ 69,448 | 7.60%₹ 20,828 | 6.97%₹ 1,71,690 |
| ICICI Prudential Banking And PSU Debt Fund | 0.14%₹ 10,013 | 0.52%₹ 10,051 | 1.50%₹ 10,150 | 3.08%₹ 10,308 | 5.28%₹ 10,528 | 6.05%₹ 12,386 | 4.88%₹ 10,999 | 5.01%₹ 25,258 | 6.69%₹ 12,142 | 5.09%₹ 38,891 | 6.67%₹ 13,815 | 6.11%₹ 70,000 | 7.83%₹ 21,269 | 7.10%₹ 1,72,930 |
| Aditya Birla Sun Life Banking & PSU Debt Fund | 0.21%₹ 10,021 | 0.57%₹ 10,057 | 1.45%₹ 10,145 | 3.05%₹ 10,305 | 4.23%₹ 10,423 | 5.40%₹ 12,345 | 4.48%₹ 10,916 | 4.42%₹ 25,109 | 6.66%₹ 12,134 | 4.62%₹ 38,616 | 6.94%₹ 13,988 | 6.02%₹ 69,847 | 8.20%₹ 22,014 | 7.26%₹ 1,74,385 |
| Kotak Banking And PSU Debt Fund | 0.17%₹ 10,017 | 0.67%₹ 10,067 | 1.38%₹ 10,137 | 3.21%₹ 10,320 | 4.33%₹ 10,433 | 5.65%₹ 12,361 | 4.65%₹ 10,951 | 4.55%₹ 25,141 | 6.56%₹ 12,100 | 4.70%₹ 38,666 | 7.07%₹ 14,073 | 6.12%₹ 70,030 | - | - |
| L&T Banking And PSU Debt Fund | 0.27%₹ 10,027 | 0.82%₹ 10,082 | 1.37%₹ 10,137 | 3.25%₹ 10,325 | 1.99%₹ 10,199 | 4.74%₹ 12,303 | 3.06%₹ 10,621 | 3.07%₹ 24,769 | 5.90%₹ 11,876 | 3.40%₹ 37,913 | 6.06%₹ 13,421 | 5.01%₹ 68,095 | 7.02%₹ 19,726 | 6.30%₹ 1,65,814 |
| HDFC Banking And PSU Debt FunD-2014 | 0.22%₹ 10,022 | 0.58%₹ 10,057 | 1.44%₹ 10,143 | 2.94%₹ 10,294 | 3.97%₹ 10,397 | 5.28%₹ 12,338 | 4.26%₹ 10,870 | 4.21%₹ 25,056 | 6.53%₹ 12,089 | 4.48%₹ 38,537 | 6.70%₹ 13,833 | 5.90%₹ 69,629 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Banking & PSU Debt Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 79.97% | ₹ 12,773.97 Cr. |
| GOI | 10.84% | ₹ 1,730.96 Cr. |
| CD | 2.13% | ₹ 339.01 Cr. |
| CP | 1.86% | ₹ 295.93 Cr. |
| T-Bills | 1.16% | ₹ 184.80 Cr. |
| Others | 4.04% | - |
Top Debt Holdings of Axis Banking & PSU Debt Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - National Bank for Agriculture & Rural Development | 11.38% | ₹ 1,817.92 Cr. |
| Bond - Govt of India | 10.84% | ₹ 1,730.96 Cr. |
| Bond - Rural Electrification Corporation Limited | 9.04% | ₹ 1,446.20 Cr. |
| Bond - Power Finance Corporation Ltd. | 7.54% | ₹ 1,203.28 Cr. |
| Bond - Small Industries Development Bank Of India | 6.01% | ₹ 959.41 Cr. |
| Others | 55.19% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 3.37% |
| TREPS | 0.67% |