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Mutual Funds

Axis Banking & PSU Debt Fund

Ax

Axis Banking & PSU Debt Fund

Banking and PSURank #7
4/5

NAV (2026-07-14)

2784.87

AUM

₹12,270.1 Cr

Exp. Ratio: 0.65%

RISK LEVEL

Moderate

Returns & Performance

1 Year4.99%0.22% vs cat avgRank #6
3 Year6.85%0.00% vs cat avgRank #10
5 Year5.93%0.04% vs cat avgRank #10
Since Launch7.53%--

Fund vs Category Average

1Y
4.99%+0.22%
3Y
6.85%+0.00%
5Y
5.93%-0.04%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
No lock-in period
Decent 1Y category rank (#6)
Overall top-10 rank in category (#7)

Cons

3Y returns below category average
5Y returns below category average
ISININF846K01CB0
NAV₹2784.87
NAV Date2026-07-14
AUM₹12,270.1 Cr
Expense Ratio0.65%
RiskModerate
Rating4 / 5
Min SIP Amount₹1000
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance.

Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Top Holdings

Holdings data not available for this scheme