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 May 14, 2024
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 13,656 cr
Turnover Ratio 144.95%
Expense Ratio 0.33%
Exit Load -
Returns
  • 1M: 0.57%
  • 1Y: 6.68%
  • 3M: 1.81%
  • 3Y: 5.34%
  • 6M: 3.58%
  • 5Y: 6.88%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since almost 8 years) Hardik Shah (Since 11 months)
ISIN INF846K01CR6
Fund Family Axis
Launch Date January 01, 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 -0.404
Sharpe -0.307
Std Dev 0.857
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.

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
31.010 7.51% 9,056 cr 0.39% Below Average
61.756 7.18% 5,952 cr 0.39% Below Average
21.732 7.16% 6,205 cr 0.39% Below Average
22.611 7.06% 2,396 cr 0.33% Average
21.324 7.05% 630 cr 0.27% Below Average
345.184 7.04% 10,059 cr 0.38% Below Average
19.525 6.93% 5,451 cr 0.38% Average
Best Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
31.010 7.51% 9,056 cr 0.39% Below Average
22.611 7.06% 2,396 cr 0.33% Average


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