Axis Banking & PSU Debt Fund Growth - Regular - Latest NAV [ ₹2501.93 ], Returns, Performance, Portfolio & Returns 2024

Axis Banking & PSU Debt Fund Growth

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Regular

Growth

3 yr CAGR
+6.02%
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Regular

Growth

3 yr CAGR
+6.02%
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Fund overview

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Net Asset Value

₹2501.93
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AUM (Fund size)

13,122.37 Crore
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Lock-in period

No Lock-in
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Exit Load

0% in 0 days
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Expense ratio

0.63%
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Risk

Moderate
Start your investment
Lumpsum
SIP
Amount
Estimated value after 3 years

(as per historical returns)

5,916 ₹
Investment in Regular Funds are no longer available. Switch to Direct Plan of the same fund for higher returns.
risk

Top holdings

HoldingsWeightage
7.18% Govt Stock 20339.31%
Export Import Bank Of India6.63%
Indian Railway Finance Corporation Limited5.07%
Rural Electrification Corporation Limited4.76%
Small Industries Development Bank Of India4.66%
7.1% Govt Stock 20344.53%
HDFC Bank Limited3.89%
National Bank For Agriculture And Rural Development3.15%
National Bank For Agriculture And Rural Development3.02%
National Housing Bank2.87%

Calculate returns

Monthly (SIP)
One-Time
4000
20
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

About Axis Asset Management Company Limited

Axis Mutual Fund had launched its first scheme in 2009. Mr. Chandresh Kumar Nigam is the MD & CEO. Axis Bank Limited holds 74.99% in Axis Mutual Fund.

Managers

Aditya Pagaria, Hardik Shah

Custodians

Bank of Nova Scotia

Address

Axis Asset Management Company Ltd. Axis House, 1st Floor, C-2, Wadia International Centre,

Fax Nos.

+91 22 43255199

Telephone Nos.

+91 22 43255161

Homepage

www.axismf.com

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Start your investment
Lumpsum
SIP
Amount
Estimated value after 3 years

(as per historical returns)

5,916 ₹
Investment in Regular Funds are no longer available. Switch to Direct Plan of the same fund for higher returns.
risk

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Frequently Asked Questions

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

Who should invest in a debt fund?

Debt funds are ideal for investors who want regular income, but are risk-averse. Debt funds are less volatile and, hence, are less risky than equity funds.

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.You can get your money out of liquid funds any time without any penalty or cost.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.