Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis Banking Debt Fund Dir Dl Div until

NAV on June 19, 2024
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 13,660 cr
Turnover Ratio 144.95%
Expense Ratio 0.34%
Exit Load -
Returns
  • 1M: 0.00%
  • 1Y: 5.52%
  • 3M: 0.60%
  • 3Y: 4.94%
  • 6M: 2.43%
  • 5Y: 5.94%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since almost 8 years) Hardik Shah (Since 12 months)
ISIN INF846K01CU0
Fund Family Axis
Launch Date January 01, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 2.27 years
Yield To Maturity (%) 7.75%
ASSET ALLOCATION
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 -0.893
Sharpe -0.748
Std Dev 0.915
Risk Low
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
31.297 7.81% 9,404 cr 0.39% Below Average
62.306 7.48% 5,968 cr 0.39% Below Average
22.828 7.43% 2,505 cr 0.32% Average
21.920 7.35% 6,298 cr 0.39% Below Average
348.344 7.25% 10,111 cr 0.38% Low
19.698 7.16% 5,628 cr 0.38% Average
21.487 7.08% 624 cr 0.18% Below Average


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