CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
AXAxis MFDirect

Axis Banking & PSU Debt Fund - Bonus - Direct Plan

debtDebt - Banking and PSU Debt FundBenchmark: CRISIL Short Term Bond Index
NAV · 14 Jun 2017₹1,532.83+0.01%
AUM₹12.0k Crfrom this fund's primary plan
Expense Ratio0.20%
CAGR—
Exit LoadNil
Min SIP₹1,000from this fund's primary plan
Launched2014

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.

Fund Mandate

Debt & MMI issued by banks, PFIs & PSUs80%–100%
Debt including G-Sec & MMI issued by other than banks, PFIs & PSUs0%–20%
Fund Managers
AP
Aditya Pagaria
Fund Manager
Key Information
0.20%
₹1,000from this fund's primary plan
₹5,000
Nil
Nil
Inception16 Jul 2014
AMCAxis MF
Top Holdings

Portfolio holdings not disclosed for this fund yet.

On This Page
NAV growthTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.01%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.20%
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