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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Banking & PSU Debt Fund Direct Plan Growth

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previously known as Axis Banking Debt Fund Dir Gr until

NAV on August 28, 2026
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Total Assets 12,258 cr
Turnover Ratio 162.86%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: Positive return: 0.02%
  • 1Y: Positive return: 5.32%
  • 3M: Positive return: 2.18%
  • 3Y: Positive return: 7.05%
  • 6M: Positive return: 2.50%
  • 5Y: Positive return: 6.16%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since about 10 years) Hardik Shah (Since about 3 years)
ISIN INF846K01CR6
Fund Family Axis
Launch Date January 01, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 2.95 years
Yield To Maturity (%) 7.11%

Asset Allocation

  • Debt: 89.8%
  • Cash: 9.9%
  • Other: 0.3%
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 1.051
Sharpe 0.548
Std Dev 1.339
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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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
25.222 6.62% 585 cr 0.23% Low
36.451 5.85% 8,850 cr 0.39% Average
72.623 5.72% 4,991 cr 0.40% Average
25.457 5.36% 5,209 cr 0.35% Above Average
22.870 5.32% 5,246 cr 0.39% Above Average

Best Banking & Psu Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
25.222 6.62% 585 cr 0.23% Low
23.942 6.09% 1,483 cr 0.22% Low
27.071 5.95% 12,122 cr 0.3% Below Average
36.451 5.85% 8,850 cr 0.39% Average
72.623 5.72% 4,991 cr 0.4% Average
3524.165 5.50% 3,938 cr 0.41% Average
39.968 5.49% 1,869 cr 0.27% Average


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