DEBT•BANKING AND PSU FUND
Axis Banking and PSU Debt Fund
3 Year return
7.09%
NAV on August 26, 2026
2892.5243
1D Returns
+0.89%
Launched on January 2013(13 years)
Investment Details
₹1000
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
11.72%₹422
Total Value ₹4,022
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹12,258.44 Cr.
Expense Ratio
0.36% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
5
Crisil
4
Morning Star
5
Tax Implications
Tax on gains as per your income tax bracket
Axis Mutual Fund Manager
AP
Aditya Pagaria
Fund Manager since Aug 2016
HS
Hardik Shah
Fund Manager since Jul 2023
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
275
Setup Date
January 2009
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Banking and PSU Fund | 7.4252% | 4 |
| ICICI Prudential Banking and PSU Debt Fund | 7.3946% | 5 |
| Kotak Banking and PSU Debt Fund | 7.4421% | 5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.8675%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout10.4509%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.4509%
Axis Banking and PSU Debt Fund Direct Plan Growth is a debt fund managed by Axis Mutual Fund. It is a banking and PSU debt fund, which means that it invests in debt securities issued by banks and public sector undertakings (PSUs). It is an open-ended fund. This means that investors can buy or sell mutual fund units at any time. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of Axis Banking and PSU Debt Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of banking and PSU debt securities.
Key Features of The Fund
5-year return
6.1741%
Expense Ratio
0.36%
Fund Manager
Aditya Pagaria
Fund Size
₹12258.44 Cr.
Risk Profile
Moderate
Is This Scheme Right for Me?
This fund is suitable for investors who are looking for regular income and who are comfortable with the risk of default by banks and PSUs. This fund is a good option for investors who are willing to invest for at least 3 years and who are looking for an alternative to fixed deposits. However, talk to your financial advisor before making a decision.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Axis Banking and PSU Debt Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Banking and PSU Debt Fund on August 26, 2026, is ₹2892.5243
What is the AUM of Axis Banking and PSU Debt Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Banking and PSU Debt Fund, is ₹12258.44 crore.
What is the expense ratio of Axis Banking and PSU Debt Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Axis Banking and PSU Debt Fund is 0.36%
What are the returns of Axis Banking and PSU Debt Fund since inception?
The Axis Banking and PSU Debt Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Banking and PSU Debt Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Banking and PSU Debt Fund is ₹1000.
How do I invest in Axis Banking and PSU Debt Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Banking and PSU Debt Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Banking and PSU Debt Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Banking and PSU Debt Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,022 in 3Y at 7.0882% returns
SIP Date1st of every month
Your next SIP Payment will be on 26 September 2026
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