Axis Banking & PSU Debt Fund - Direct Plan - Growth Option
Fund House: Axis Mutual Fund| Category: Debt: Banking and PSU |
| Launch Date: 01-01-2013 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Banking and PSU Debt Total Return Index |
| TER: 0.34% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 13,728.71 Cr As on (31-03-2024) |
| Turn over: - | Exit Load: Nil |
2460.8422
1.21 (0.049%)
7.8%
Benchmark: 8.77%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE India Financials Bond Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate stable returns by investing predominantly in debt and money market instruments issued by banks.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.86 |
| Sharpe Ratio | 0.14 |
| Alpha | 3.0 |
| Beta | 1.5 |
| Yield to Maturity | 7.58 |
| Average Maturity | 2.33 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis Banking & PSU Debt Fund - Direct Plan - Growth Option | 01-01-2013 | 6.9 | 6.06 | 5.4 | 6.86 | 7.65 |
| ICICI Prudential Banking and PSU Debt Fund - Growth | 01-01-2010 | 7.42 | 6.67 | 5.88 | 6.95 | 7.73 |
| DSP Banking & PSU Debt Fund - Regular Plan - Growth | 05-09-2013 | 7.01 | 5.95 | 5.1 | 6.7 | 7.46 |
| Kotak Banking and PSU Debt - Growth | 29-12-1998 | 6.88 | 6.03 | 5.48 | 6.98 | 7.54 |
| HDFC Banking and PSU Debt Fund - Growth Option | 03-03-2014 | 6.88 | 5.92 | 5.23 | 6.75 | 7.55 |
| Franklin India Banking & PSU Debt Fund - Growth | 05-04-2014 | 6.82 | 5.89 | 5.17 | 6.56 | - |
| Sundaram Banking and PSU Fund Regular Plan - Growth | 30-12-2004 | 6.77 | 5.81 | 4.67 | 5.87 | 6.75 |
| Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth | 05-04-2008 | 6.76 | 5.94 | 5.36 | 6.89 | 7.92 |
| Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth | 19-04-2002 | 6.76 | 5.94 | 5.36 | 6.89 | 7.92 |
| Sundaram Banking and PSU Fund Retail Plan - Growth | 30-12-2004 | 6.76 | 5.79 | 4.66 | 5.87 | 6.38 |
Scheme Characteristics
Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
