Home Mutual FundsAxis Banking & PSU Debt Fund Weekly Dividend Payout

Overview (as on 23 Sep 2020)

NAV

₹1,037.3273

1y returns

8.826%

Fund AUM

₹16,059 Cr

Expense Ratio

0.62%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

Axis Banking & PSU Debt Fund Weekly Dividend Payout

₹0

4.27% projected returns

ICICI Prudential Banking and PSU Debt Fund Daily Dividend Payout

₹0

4.62% projected returns

IDFC Banking & PSU Debt Fund-Regular Plan- Annual Dividend Payout

₹0

4.31% projected returns

SBI Banking and PSU Fund Regular Plan Monthly Dividend Payout

₹0

4.62% projected returns

Aditya Birla Sun Life Banking & PSU Debt Fund Monthly Dividend Payout Regular Plan

₹0

4.55% projected returns

Kotak Banking and PSU Debt Monthly Dividend Payout

₹0

5.02% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Government

49.58%

Corporate

46.06%

Cash Equivalent

4.36%

Debt Credit Ratings

AAA

100.00%

Key Metrics

Modified Duration

1.8 yr

Average Maturity

2.1 yr

Yield to Maturity

4.87%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
CRISIL AAA | Low Risk
Debt
5.35%
State Bank Of India
CRISIL AAA | Low Risk
Debt
4.90%
Food Corporation Of India
CRISIL AAA(CE) | Low Risk
Debt
4.67%
Hindustan Petroleum Corporation Limited
CRISIL AAA | Low Risk
Debt
3.92%
NTPC Limited
CRISIL AAA | Low Risk
Debt
3.78%

Net Receivables / (Payables)
Low Risk
Cash
3.34%
Housing Development Finance Corporation Limited
CRISIL AAA | Low Risk
Debt
2.60%
Small Industries Development Bank Of India
CARE AAA | Low Risk
Debt
2.57%
REC LIMITED
CRISIL AAA | Medium Risk
Debt
2.40%
Indian Oil Corporation Limited
CRISIL AAA
Debt
2.38%

Fund Details

Investment Objectives

To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs). The scheme shall endeavor to generate optimum returns with low credit risk.

Scheme Name

Axis Banking & PSU Debt Fund Weekly Dividend Payout

Scheme Document

Click Here

Exit Load

Plan Started

08 June, 2012

Fund Manager

Aditya Pagaria

Fund House Details

Fund House

Axis Asset Management Company Limited

Phone

Address

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

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
Axis Banking & PSU Debt Fund Direct Plan Growth Option	Direct	0.31%	10.37%
Axis Banking & PSU Debt Fund Direct Plan Daily Dividend Reinvestment Option	Direct	0.31%	9.00%
Axis Banking & PSU Debt Fund Direct Plan Monthly Dividend Reinvestment Option	Direct	0.31%	9.02%
Axis Banking & PSU Debt Fund Direct Plan Weekly Dividend Reinvestment	Direct	0.31%	9.11%
Axis Banking & PSU Debt Fund Direct Plan Monthly Dividend Payout Option	Direct	0.31%	9.02%
Axis Banking & PSU Debt Fund Direct Plan Weekly Dividend Payout	Direct	0.31%	9.11%
Axis Banking & PSU Debt Fund Growth	Regular	0.62%	10.03%
Axis Banking & PSU Debt Fund Daily Dividend Reinvestment	Regular	0.62%	8.71%
Axis Banking & PSU Debt Fund Monthly Dividend Reinvestment	Regular	0.62%	8.73%
Axis Banking & PSU Debt Fund Weekly Dividend Reinvestment	Regular	0.62%	8.83%
Axis Banking & PSU Debt Fund Monthly Dividend Payout	Regular	0.62%	8.73%

Peer Funds

IDFC Banking & PSU Debt Fund-Regular Plan- Annual Dividend Payout

DebtBanking & PSURegularModerate Risk

1 yr returns

9.88%

AUM

₹17,691 Cr

Expense Ratio

0.65%

Aditya Birla Sun Life Banking & PSU Debt Fund Monthly Dividend Payout Regular Plan

DebtBanking & PSURegularModerately Low risk

1 yr returns

9.36%

AUM

₹13,519 Cr

Expense Ratio

0.68%

ICICI Prudential Banking and PSU Debt Fund Daily Dividend Payout

DebtBanking & PSURegularModerate Risk

1 yr returns

6.91%

AUM

₹13,300 Cr

Expense Ratio

0.83%

Kotak Banking and PSU Debt Monthly Dividend Payout

DebtBanking & PSURegularModerately Low risk

1 yr returns

9.29%

AUM

₹9,132 Cr

Expense Ratio

0.74%

SBI Banking and PSU Fund Regular Plan Monthly Dividend Payout

DebtBanking & PSURegularModerate Risk

1 yr returns

9.26%

AUM

₹8,750 Cr

Expense Ratio

0.81%

Axis Banking & PSU Debt Fund Weekly Dividend Pa...

NAV

₹1,037.3273

Name: Axis Banking & PSU Debt Fund Weekly Dividend Payout
Brand: Axis Asset Management Company Limited
SKU: F00000OBM8
Price: 1037.3273 INR
Availability: InStock
Rating: 3 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Excellent

Fund is in Top 20 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Medium

Based on credit rating and modified duration of underlying instruments

Fund Manager

Aditya Pagaria

Manager

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