Axis Banking & PSU Debt Fund - Direct Plan - Daily IDCW

Fund House: Axis Mutual Fund
Category: Debt: Banking and PSU
Launch Date: 01-01-2013
Asset Class: Fixed Income
Benchmark: Nifty Banking & PSU Debt Index A-II
TER: 0.36% As on (30-04-2026)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 12,539.5 Cr As on 30-04-2026(Source:AMFI)
Turn over: - | Exit Load: Nil

1034.0695

6.42%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY COMPOSITE G-SEC INDEX
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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 -
Sharpe Ratio -
Alpha -
Beta -
Yield to Maturity 7.33
Average Maturity 2.6

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 - Daily IDCW 01-01-2013 3.9 6.73 6.71 5.92 6.29
Franklin India Banking & PSU Debt Fund - Growth 05-04-2014 4.99 7.1 6.92 5.88 7.02
UTI Banking & PSU Fund- Regular Plan - Growth Option 05-01-2014 4.77 6.93 6.66 7.12 6.48
ITI Banking & PSU Debt Fund - Regular Plan - Growth Option 05-10-2020 3.83 6.14 6.37 5.67 -
Bandhan Banking and PSU Fund - Regular Growth 07-03-2013 3.79 6.38 6.35 5.62 6.86
ICICI Prudential Banking and PSU Debt Fund - Growth 01-01-2010 3.72 6.45 6.7 6.09 7.06
Axis Banking & PSU Debt Fund - Regular Plan - Growth option 01-06-2012 3.59 6.42 6.37 5.62 6.9
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Regular Plan - Growth 30-12-2004 3.52 6.56 6.58 5.53 6.33
Kotak Banking and PSU Debt - Growth 29-12-1998 3.39 6.56 6.57 5.9 7.12
HSBC Banking and PSU Debt Fund - Regular Growth 01-01-2013 3.34 6.18 6.16 5.03 6.49

Scheme Characteristics

Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

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