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 April 22, 2024
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 13,678 cr
Turnover Ratio 144.95%
Expense Ratio 0.34%
Exit Load -
Returns
  • 1M: 0.55%
  • 1Y: 6.78%
  • 3M: 1.92%
  • 3Y: 5.37%
  • 6M: 3.76%
  • 5Y: 6.38%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since over 7 years) Hardik Shah (Since 10 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 (%) 7.70%
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 -0.134
Sharpe -0.098
Std Dev 0.864
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
30.832 7.62% 8,838 cr 0.39% Below Average
61.391 7.23% 5,948 cr 0.37% Below Average
21.608 7.18% 6,247 cr 0.39% Below Average
343.280 7.04% 10,047 cr 0.38% Below Average
22.458 7.04% 2,389 cr 0.33% Average
19.416 7.04% 5,454 cr 0.36% Average
22.344 6.80% 45 cr 0.18% Below Average
Best Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
30.832 7.62% 8,838 cr 0.39% Below Average
61.391 7.23% 5,948 cr 0.37% Below Average
21.608 7.18% 6,247 cr 0.39% Below Average
21.233 7.08% 633 cr 0.26% Average
343.280 7.04% 10,047 cr 0.38% Below Average
22.458 7.04% 2,389 cr 0.33% Average
19.416 7.04% 5,454 cr 0.36% Average


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