Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl

Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl

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Debt
Direct
Banking & Psu
NAV: ₹ 1039.11 as on 28-05-2024

About the Fund

Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl has ₹13681 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹13681 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
144.95%

Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
54.9%
Government
40.8%
Cash Equivalent
4.4%

Top Holdings of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings104
Holdings
Weight%
1M Change
Export Import Bank Of India
Export Import Bank Of India
6.52%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
5.47%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
5.21%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.17%
0%
Bajaj Finance Limited
Bajaj Finance Limited
4.65%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 13.7K Cr
₹ 13.7K Cr
₹ 13.9K Cr
  • AUM of the fund stands at 13.7K Cr as of Apr'24
  • AUM decreased by 72.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl, since 13 August 2016
Hardik Shah
Hardik Shah
Fund Manager of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl, since 3 July 2023

Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.21% since inception which is more than its category average return of 5.51%
AUM size ₹13681 Cr

AUM size ₹13681 Cr

This fund has AUM of ₹13681 Cr which is more than its category average of ₹ 3706 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl is ₹1039.11 as on 28-May-2024.
Existing (Absolute + CAGR) as on 28-May-2024.
Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
3.11%
3.11%
1 Year Returns
5.82%
5.82%
3 Years Returns
15.77%
5%
5 Years Returns
33.8%
6%
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.
0.34% as on April 2024
₹13681 Cr as on April 2024
Export Import Bank Of India(6.52%), Rural Electrification Corporation Limited(5.47%), Indian Railway Finance Corporation Limited(5.21%), Small Industries Development Bank Of India(5.17%), Bajaj Finance Limited(4.65%) as on April 2024
Corporate(53.99%), Government(40.94%), Cash Equivalent(5.06%) as on April 2024
Yield to Maturity is 7.75 as on April 2024. 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 1.92 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Aditya Pagaria, Hardik Shah are the fund managers of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Banking & PSU Debt Fund Direct Plan Daily Reinvst of Inc Dis cum Cap Wdrl is 0%