Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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NAV on March 28, 2024
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 13,878 cr
Turnover Ratio 144.95%
Expense Ratio 0.33%
Exit Load -
Returns
  • 1M: 0.66%
  • 1Y: 7.42%
  • 3M: 1.97%
  • 3Y: 5.39%
  • 6M: 3.56%
  • 5Y: 6.29%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since over 7 years) Hardik Shah (Since 9 months)
ISIN INF846K01CS4
Fund Family Axis
Launch Date February 25, 2013
Benchmark NIFTY Banking & PSU Debt TR INR
Avg. Maturity 2.38 years
Yield To Maturity (%) 7.61%
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 0.000
Sharpe 0.000
Std Dev 0.858
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
30.763 8.23% 8,818 cr 0.39% Below Average
22.480 8.17% 2,365 cr 0.32% Average
61.325 8.07% 5,958 cr 0.37% Below Average
21.570 7.97% 6,216 cr 0.39% Below Average
19.391 7.93% 5,362 cr 0.36% Average
342.705 7.84% 9,675 cr 0.38% Below Average
22.961 7.78% 294 cr 0.39% High


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