Axis Banking & PSU Debt Fund Growth

Returns per yr (5 year Avg)
8.58%
NAV as on Feb 17 2020
(+1.05)1904.9187

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Amount to Invest

Min amount: ₹1,000

Mode of Investment

Monthly (SIP)One Time

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SIP Amount

Investment Duration(Years)

Rs. 2,000 invested monthly becomes Rs. 12.76 Lakhs in a period of 20 years

Fund Summary
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Fund Summary

Compare with other funds

Period	Returns(per year)
10 Years	--
5 Years	8.58%
3 Years	8.64%
1 Year	10.94%
6 Months	5.05%

Fund Details
ISIN	INF846K01CB0
Risk	Moderately Low risk
Fund Type	Banking & PSU
NAV	1904.9187
Exit Load	--

More about this fund

Top Holdings	Weightage
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT	5.09%
Food Corporation Of India	5.09%
Hindustan Petroleum Corporation Limited	4.47%
State Bank Of India	4.3%
Air India Assets Holding Limited	3.53%
Small Industries Development Bank Of India	3%
NTPC Limited	2.85%
REC LIMITED	2.79%
Rec Limited	2.47%
Indian Railway Finance Corporation Limited	2.41%

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Frequently Asked Questions

What are equity funds?
Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization
What is recommended investment duration?
It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).
What are large cap, mid cap, small cap and multi cap equity funds?
SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies
What are liquid funds?
Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.
What are ELSS funds?
ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.
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