Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Banking & Psu
NAV: ₹ 1040.8 as on 24-03-2023
Fund Performance
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Performance as on (24-Mar-23)
About the Fund
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 25 February, 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 Monthly Reinvst of Inc Dis cum Cap Wdrl has a NAV of ₹1040.77 as on 24-03-2023.
2) Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹13948 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.33 %.
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.33% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹13948 Cr |
 | 25 February, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 25.35% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
48.6%
Government
45.5%
Cash Equivalent
5.9%
Top Holdings of Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl as on (28-Feb-23)
Debt Holdings87
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Power Finance Corporation Ltd. | 8.46% | 0% | |
Rural Electrification Corporation Limited | 7.12% | 0% | |
Indian Railway Finance Corporation Limited | 6.71% | 1.6% | |
Export Import Bank Of India | 6.34% | 0% | |
Bajaj Finance Limited | 5.57% | -6% |
See all
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.12% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Feb'23
- This fund underperformed Banking and PSU Index by 0.09% in Feb'23
AUM Change
- AUM of the fund stands at 14K Cr as of Feb'23
- AUM increased by 115.2 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0.18% to 8.54%
Indian Railway Finance Corporation Limited's allocation increased from 0.04% to 6.65%
Export Import Bank Of India's allocation increased from 0.11% to 6.4%
Top Stocks sold last month
Housing Development Finance Corporation Limited's allocation decreased from 5.03 % to 5.01 %
Small Industries Development Bank Of India's allocation decreased from 5.19 % to 4.61 %
Hindustan Petroleum Corporation Limited's allocation decreased from 2.99 % to 2.99 %
Debt allocation has gone down from 94.9% to 94.1%
Cash allocation has gone up from 5.1% to 5.9%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
49%
Government
46%
Jan'23
Corporate
50%
Government
45%
Peer Analysis
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Aditya Pagaria
Fund Manager of Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl, since 13 August 2016
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.32% since inception which is more than its category average return of 5.41%
AUM size ₹13948 Cr
This fund has AUM of ₹13948 Cr which is more than its category average of ₹ 3500 Cr
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%
Frequently Asked Questions
The current NAV of Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is 1039.78 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 2.68% | 2.68% |
1 Year Returns | 4.38% | 4.38% |
3 Years Returns | 19.34% | 6.07% |
5 Years Returns | 34.57% | 6.12% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.33 as on February 2023
13954 Cr as on February 2023
Yield to Maturity is 7.69 as on February 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.47 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Aditya Pagaria is the fund manager of Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Banking & PSU Debt Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is 0%