Axis Banking & PSU Debt Fund Direct Plan Growth
Axis Banking & PSU Debt Fund Direct Plan Growth

Axis Banking & PSU Debt Fund Direct Plan Growth

Debt
Direct
Low to Moderate Risk
Banking & Psu

NAV: ₹ 2215.8 as on 17-08-2022

About the Fund

Axis Banking & PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Aditya Pagaria. This fund is suitable to keep your money safe.

Key parameters

1) Axis Banking & PSU Debt Fund Direct Plan Growth has a NAV of 2215.8243 as on 17-08-2022.

2) Axis Banking & PSU Debt Fund Direct Plan Growth has 14171 Cr worth of assets under management (AUM) as on 30-06-2022 and is more than category average.

3) The fund has an expense ratio 0.33 %.

Fund Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹14171 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
62.5%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%
Sector Allocation
Government46.5%
Corporate32.9%
Cash Equivalent20.7%

Top Holdings

  • All
  • Debt & Cash
Total Holdings20
Debt Holdings20
Holdings
Weight%
No. of Shares (4M)
1M Change
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Small Industries Development Bank Of India
6.6%
100%
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6.84% Govt Stock 2022
5.7%
0%
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National Bank For Agriculture And Rural Development
0.5%
0%
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Hindustan Petroleum Corporation Limited
3%
100%
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7.16% Govt Stock 2023
3.4%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 160.5 Cr in last 1M
Jul'22 return underperformed benchmark

Change in AUM

Jul'22
₹ 14.2K Cr
Jun'22
₹ 14.3K Cr
May'22
₹ 14.6K Cr

Fund Returns vs Benchmark

Jul'22
0.44%
0.71%
Jun'22
0.37%
0.21%
Fund Return
Benchmark Return

Fund Manager

Aditya Pagaria

Aditya Pagaria

Managing this fund since 13 August 2016
Years of Experience
11
Years of Experience

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Overnight Fund Direct Growth
3.68%
--
Axis Banking & PSU Debt Fund Direct Plan Growth
6.43%
5.52%
Axis Liquid Fund Direct Plan Growth Option
4.14%
3.22%

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 8.04% since inception which is more than its category average return of 5.36%
AUM size ₹14171 Cr

AUM size ₹14171 Cr

This fund has AUM of ₹14171 Cr which is more than its category average of ₹ 3947 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.48%
meter
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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk

Frequently Asked Questions

What are the average returns of Axis Banking & PSU Debt Fund Direct Plan Growth Fund ?

What is the current NAV of Axis Banking & PSU Debt Fund Direct Plan Growth Fund?

How do I invest in Axis Banking & PSU Debt Fund Direct Plan Growth Fund?

What is the expense ratio of Axis Banking & PSU Debt Fund Direct Plan Growth fund?

What is the worth of total assets under management (AUM) of Axis Banking & PSU Debt Fund Direct Plan Growth fund ?

What are the top holdings of Axis Banking & PSU Debt Fund Direct Plan Growth Fund?

What are the top sectors Axis Banking & PSU Debt Fund Direct Plan Growth Fund has invested in?

What is the credit quality of the Axis Banking & PSU Debt Fund Direct Plan Growth holdings?