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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Banking and PSU Debt Fund Growth

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previously known as Axis Banking & PSU Debt Gr until

NAV on October 14, 2026
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Total Assets ₹11,962 cr
Turnover Ratio 257.86%
Expense Ratio 0.65%
Exit Load -
Returns
  • 1M: Negative return: -0.16%
  • 1Y: Positive return: 4.00%
  • 3M: Positive return: 0.35%
  • 3Y: Positive return: 6.54%
  • 6M: Positive return: 2.14%
  • 5Y: Positive return: 5.80%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since about 10 years) Hardik Shah (Since over 3 years)
ISIN INF846K01CB0
Fund Family Axis
Launch Date June 08, 2012
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 2.87 years
Yield To Maturity (%) 7.32%

Asset Allocation

  • Debt: 81.9%
  • Cash: 17.7%
  • Other: 0.4%
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Banking & PSU Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.342
Sharpe 0.199
Std Dev 1.399
Risk Below Average
INVESTMENT 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.

View Factsheet

Top Banking & Psu Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 22.344 6.80% ₹ 45 cr 0.18% Below Average
₹ 24.133 5.90% ₹ 1,450 cr 0.23% Low
₹ 25.310 5.53% ₹ 565 cr 0.23% Below Average
₹ 27.165 5.26% ₹ 12,014 cr 0.36% Below Average
₹ 36.379 4.44% ₹ 8,601 cr 0.40% Below Average
₹ 72.612 4.43% ₹ 4,761 cr 0.40% Average
₹ 2892.142 4.29% ₹ 11,962 cr 0.36% Below Average


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