Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment
Debt
Direct
Banking & Psu
NAV: ₹ 1038.2 as on 25-09-2023
Fund Performance
About the Fund
Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment is a debt fund. This fund was started on 11 January, 2013. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment has ₹14453 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹14453 Cr |
 | 11 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 144.95% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
51.5%
Government
45.3%
Cash Equivalent
3.2%
Top Holdings of Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment as on (31-Aug-23)
Debt Holdings97
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Export Import Bank Of India | 6.13% | 0% | |
Indian Railway Finance Corporation Limited | 5.77% | 0% | |
Rural Electrification Corporation Limited | 5.15% | 0% | |
Bajaj Finance Limited | 4.76% | 0% | |
Small Industries Development Bank Of India | 4.73% | 0% |
See all
Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 14.5K Cr as of Aug'23
- AUM decreased by 64.7 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment Fund Manager
Aditya Pagaria
Fund Manager of Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment, since 13 August 2016
Top funds managed
Hardik Shah
Fund Manager of Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment, since 3 July 2023
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 5.96% since inception which is more than its category average return of 5.51%
AUM size ₹14453 Cr
This fund has AUM of ₹14453 Cr which is more than its category average of ₹ 3794 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment is ₹1038.2 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 3.75% | 3.75% |
1 Year Returns | 6.8% | 6.8% |
3 Years Returns | 15.74% | 4.99% |
5 Years Returns | 37.94% | 6.64% |
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 August 2023
₹14453 Cr as on August 2023
Export Import Bank Of India(6.13%), Indian Railway Finance Corporation Limited(5.77%), Rural Electrification Corporation Limited(5.15%), Bajaj Finance Limited(4.76%), Small Industries Development Bank Of India(4.73%) as on August 2023
Corporate(51.85%), Government(45.47%), Cash Equivalent(2.67%) as on August 2023
Yield to Maturity is 7.53 as on August 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 2.32 as on August 2023. 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 And Psu Debt Fund - Direct Weekly IDCW Reinvestment
The Exit load of Axis Banking And Psu Debt Fund - Direct Weekly IDCW Reinvestment is 0%