AXAxis MF

Axis Banking Debt Fund - Bonus

debtDebt - Banking and PSU Debt FundBenchmark: CRISIL Short Term Bond Index
NAV · 18 May 2015₹1,289.41+0.07%
AUM₹12.0k Crfrom this fund's primary plan
Expense Ratio0.35%
CAGR
Exit LoadNil
Min SIP₹1,000from this fund's primary plan
Launched2015

Investment Objective

The main objectiove of the scheme is to generate stable returns by investing predominantly in debt & money market instruments issued by banks.

Fund Mandate

CBLO, Repo, T-Bills and Govt.Securities0%–20%
Debt & MMI80%–100%
Asset Allocation
Debt95.3%
Cash & Equivalents4.4%
Other0.4%
Fund Managers
KK
Kedar Karnik
Fund Manager
Key Information
0.35%
₹1,000from this fund's primary plan
₹5,000
Nil
Nil
Inception30 Mar 2015
AMCAxis MF
Top Holdings
17.44% National Bank For Agriculture and Rural Development (24/02/2028)Bank6.81%
27.7% Nuclear Power Corporation Of India Limited (21/03/2038) **Power3.34%
37.42% Power Finance Corporation Limited (15/04/2028) **Finance3.28%
47.4% Small Industries Dev Bank of India (18/06/2031) **Bank3.16%
56.54% Tamilnadu State Development Loans (25/02/2029)G-Sec2.70%
6Net Receivables / (Payables)Others2.43%
77.69% REC Limited (31/03/2033) **Finance2.37%
87.34% Small Industries Dev Bank of India (26/02/2029) **Bank2.15%
9Clearing Corporation of India LtdFinance1.94%
106.80% National Housing Bank (02/04/2032) **Bank1.82%
Sector Allocation
Bank40.5%
Finance35.2%
G-Sec11.7%
Power6.6%
Others5.6%
Infrastructure0.4%
Miscellaneous0.0%
Trailing Returns
PeriodReturns
1 Day+0.07%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.35%
Nil
Nil
₹1,000from this fund's primary plan
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme