AP
Aditya PagariaLead
Since Aug 2016
AUM managed
₹1,26,200.33Cr
Tenure
Since Aug 2016
Funds
26
Axis Banking & PSU Debt Gr
Banking and PSU FundAxis Mutual Fund
NAV
₹2,794.00
-0.02% today
AUM
₹12,003.89 Cr
Fund size
Expense
0.65%
Regular plan
Min SIP
₹1,000
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#10 of 20
Risk-o-meterModerate Risk
BenchmarkNIFTY Banking & PSU Debt TR INR (100%)
Number of holdings157
Inception08 Jun 2012
Exit load0.0
Debt metrics
Modified duration2.46 yrs
Average maturity3.29 yrs
Yield to maturity7.24%
Average credit qualityAAA
Standard deviation1.38%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
HS
Since Jul 2023
AUM managed
₹40,793.23Cr
Tenure
Since Jul 2023
Funds
20
About Axis Banking & PSU Debt Gr
Axis Banking & PSU Debt Gr is an open-ended Banking and PSU Fund mutual fund scheme offered by Axis Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹2,794.00 per unit and the scheme manages ₹12,003.89 Cr in assets under management. The fund charges an expense ratio of 0.65% and is benchmarked against NIFTY Banking & PSU Debt TR INR (100%). Over the trailing 5 years, Axis Banking & PSU Debt Gr has delivered +5.80% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
Investment objective
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.
Regular Plan · Growth option · NAV as of 15 Oct 2026
Axis Banking & PSU Debt Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -0.05% | -0.17% |
| 3 months | +0.29% | +0.45% |
| 6 months | +1.93% | +2.15% |
| 1 year | +3.92% | +3.85% |
| 3 years | +6.53% | +6.59% |
| 5 years | +5.80% | +5.83% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.14% |
| 3 months | +1.99% | +0.42% |
| 6 months | +2.35% | +2.73% |
| 1 year | +5.06% | +4.21% |
| 3 years | +21.53% | +18.81% |
| 5 years | +33.44% | +28.81% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Axis Banking & PSU Debt Gr — frequently asked questions
What is the NAV of Axis Banking & PSU Debt Gr?
The latest net asset value (NAV) of Axis Banking & PSU Debt Gr is ₹2,794.00 per unit, -0.02% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Axis Banking & PSU Debt Gr delivered?
Axis Banking & PSU Debt Gr has returned +5.80% over the trailing 5 years (1 year: +3.92%, 3 years: +6.53%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Axis Banking & PSU Debt Gr?
Axis Banking & PSU Debt Gr charges an expense ratio of 0.65% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Axis Banking & PSU Debt Gr?
SEBI's riskometer classifies Axis Banking & PSU Debt Gr as Moderate Risk, which is typical for a Banking and PSU Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Axis Banking & PSU Debt Gr?
You can start a SIP in Axis Banking & PSU Debt Gr from ₹1,000 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Axis Banking & PSU Debt Gr?
Axis Banking & PSU Debt Gr is managed by Axis Mutual Fund, holds ₹12,003.89 Cr in assets under management and invests across 157 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Axis Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Banking and PSU Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF846K01CB0
- Scheme code
- FS00009KE6