Axis Banking and PSU Debt Fund - Regular Monthly IDCW Payout
Axis Mutual Fund
₹1,033.99 (+0.02%)
NAV as of 9 Oct 2026
Minimum Investment: ₹5,000
Return
4.34% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.63%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹5,000
- Category
- Banking & PSU
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,024
Invested ₹1,000
▲+2.39%1 year
₹1,043
Invested ₹1,000
▲+4.34%3 years
₹1,067
Invested ₹1,000
▲+6.68%5 years
₹1,059
Invested ₹1,000
▲+5.86%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- ModerateThis fund
- Moderate to High
- High
- Very High
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
|---|---|
| Secondary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
| Index Name | NIFTY Banking & PSU Debt TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +4.34% | +6.68% | +5.86% | — |
| Cumulative returns (%) | +4.34% | +21.42% | +32.95% | +80.09% |
Fund Manager
| Manager | Hardik Shah |
|---|---|
| Role | Manager |
| Manager Tenure | 3.25 yrs |
About Fund
| Date of Incorporation | 8 Jun 2012 |
|---|---|
| Fund House | Axis Mutual Fund |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Axis Asset Management Company Limited |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| National Bank For Agriculture And Rural Development | 6.82% |
| Punjab National Bank | 3.66% |
| Export Import Bank Of India | 3.65% |
| Indian Railway Finance Corporation Limited | 3.43% |
| Nuclear Power Corporation Of India Limited | 3.35% |
| Power Finance Corporation Limited | 3.28% |
| 6.79% Govt Stock 2034 | 3.27% |
| Small Industries Development Bank Of India | 3.15% |
| HDFC Bank Ltd. | 2.92% |
| Rec Limited | 2.78% |
| Tamil Nadu (Government of) 6.54% | 2.69% |
| 7.18% Gs 2033 | 2.59% |
| 6.98% Manipur SDL 2017 | 2.48% |
| Power Finance Corporation Limited | 2.48% |
| Bank of Baroda | 2.42% |
| Rec Limited | 2.37% |
| 6.94% Govt Stock 2036 | 2.19% |
| Small Industries Development Bank Of India | 2.15% |
| Small Industries Development Bank Of India | 2.14% |
| 6.68% Govt Stock 2040 | 2.10% |
| Indian Railway Finance Corporation Limited | 2.05% |
| National Bank For Agriculture And Rural Development | 1.96% |
| HDFC Bank Ltd. | 1.94% |
| Power Finance Corporation Limited | 1.94% |
| LIC Housing Finance Ltd. | 1.90% |
| Canara Bank | 1.86% |
| Punjab National Bank | 1.84% |
| National Housing Bank | 1.80% |
| National Bank For Agriculture And Rural Development | 1.80% |
| Indian Railway Finance Corporation Limited | 1.66% |
| Tata Capital Limited | 1.66% |
| Small Industries Development Bank Of India | 1.61% |
| Indian Bank | 1.57% |
| National Housing Bank | 1.52% |
| Power Grid Corporation Of India Limited | 1.52% |
| Kotak Mahindra Prime Limited | 1.44% |
Investment Strategy
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.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.