Dezerv

Fund Overview

Fund Size

Fund Size

₹13,660 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF846K01CB0

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

08 Jun 2012

About this fund

Axis Banking & PSU Debt Fund Regular Growth is a Banking & PSU mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years and 10 days, having been launched on 08-Jun-12.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹2420.11, Assets Under Management (AUM) of 13660.32 Crores, and an expense ratio of 0.63%.
  • Axis Banking & PSU Debt Fund Regular Growth has given a CAGR return of 7.63% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 94.68% in debts, and 5.05% in cash & cash equivalents.
  • You can start investing in Axis Banking & PSU Debt Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.50%

+5.71% (Cat Avg.)

3 Years

+5.11%

+4.64% (Cat Avg.)

5 Years

+6.41%

+5.86% (Cat Avg.)

10 Years

+7.33%

+6.12% (Cat Avg.)

Since Inception

+7.63%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt12,934.23 Cr94.68%
Others726.09 Cr5.32%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2033Bond - Gov't/Treasury918.18 Cr6.72%
Export Import Bank Of IndiaBond - Corporate Bond892.93 Cr6.54%
Rural Electrification Corporation LimitedBond - Corporate Bond747.79 Cr5.47%
Indian Railway Finance Corporation LimitedBond - Corporate Bond713.11 Cr5.22%
Small Industries Development Bank Of IndiaBond - Corporate Bond707.62 Cr5.18%
Bajaj Finance LimitedBond - Corporate Bond610.95 Cr4.47%
HDFC Bank LimitedBond - Corporate Bond507.93 Cr3.72%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond458.23 Cr3.35%
Net Receivables / (Payables)Cash443.19 Cr3.24%
State Bank Of IndiaBond - Corporate Bond362.69 Cr2.66%
Indian Railway Finance Corporation LimitedBond - Corporate Bond325.54 Cr2.38%
National Bank for Agriculture and Rural Development 7.7%Bond - Gov't Agency Debt300.08 Cr2.20%
State Bank Of IndiaBond - Corporate Bond277.31 Cr2.03%
Ntpc LimitedBond - Corporate Bond254.24 Cr1.86%
Power Finance Corporation Ltd.Bond - Corporate Bond253.02 Cr1.85%
Power Finance Corporation Ltd.Bond - Corporate Bond239.55 Cr1.75%
Indian BankBond - Corporate Bond227.05 Cr1.66%
Hdb Financial Services LimitedBond - Corporate Bond218.19 Cr1.60%
Small Industries Development Bank Of IndiaBond - Corporate Bond209.23 Cr1.53%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond198.9 Cr1.46%
HDFC Bank LimitedBond - Corporate Bond196.94 Cr1.44%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond188.88 Cr1.38%
Small Industries Development Bank Of IndiaBond - Corporate Bond178.71 Cr1.31%
Small Industries Development Bank Of IndiaBond - Corporate Bond170.45 Cr1.25%
ICICI Bank LimitedBond - Corporate Bond169.89 Cr1.24%
Power Finance Corporation Ltd.Bond - Corporate Bond164.32 Cr1.20%
Small Industries Development Bank of India 7.68%Bond - Corporate Bond149.93 Cr1.10%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond149.07 Cr1.09%
Tata Capital Housing Finance Ltd. 7.8%Bond - Corporate Bond148.82 Cr1.09%
Export-Import Bank of India 7.45%Bond - Gov't Agency Debt125.03 Cr0.92%
Rural Electrification Corporation LimitedBond - Corporate Bond124.59 Cr0.91%
National Housing BankBond - Corporate Bond119.15 Cr0.87%
Tata Capital Housing Finance LimitedBond - Corporate Bond118.99 Cr0.87%
Hdb Financial Services LimitedBond - Corporate Bond114.38 Cr0.84%
Rural Electrification Corporation LimitedBond - Corporate Bond105.19 Cr0.77%
Tata Capital Housing Finance LimitedBond - Corporate Bond102.04 Cr0.75%
7.26% Govt Stock 2033Bond - Gov't/Treasury101.21 Cr0.74%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.17 Cr0.73%
Small Industries Development Bank Of IndiaBond - Corporate Bond99.31 Cr0.73%
Power Finance Corp Ltd. 7.55%Bond - Corporate Bond74.8 Cr0.55%
Indian Railway Finance Corporation LimitedBond - Corporate Bond74.72 Cr0.55%
Goi 19.03.2027 GovBond - Gov't/Treasury72.57 Cr0.53%
Gscg 15sep2026Bond - Gov't/Treasury69.02 Cr0.51%
Clearing Corporation Of India LtdCash - Repurchase Agreement65.22 Cr0.48%
6.80% Govt Stock 2025Bond - Gov't/Treasury58.05 Cr0.42%
0% GOI - 15122026 STRIPSBond - Gov't/Treasury56.26 Cr0.41%
Goi Strips - Mat 190326Bond - Gov't/Treasury54.61 Cr0.40%
GSCG 15JUN2026Bond - Gov't/Treasury52.52 Cr0.38%
Bajaj Housing Finance Ltd. 8.1%Bond - Corporate Bond50.14 Cr0.37%
REC Ltd. 7.71%Bond - Corporate Bond50.02 Cr0.37%
HDB Financial Services 8.3439%Bond - Corporate Bond50.02 Cr0.37%
REC Ltd. 7.64%Bond - Corporate Bond49.98 Cr0.37%
Bajaj Housing Finance LimitedBond - Corporate Bond49.92 Cr0.37%
Tata Capital Housing Finance LimitedBond - Corporate Bond49.91 Cr0.37%
Bajaj Finance LimitedBond - Corporate Bond49.81 Cr0.36%
Kotak Mahindra Prime LimitedBond - Corporate Bond49.78 Cr0.36%
Bajaj Housing Finance LimitedBond - Corporate Bond49.76 Cr0.36%
HDB Financial Services 8.04%Bond - Corporate Bond49.71 Cr0.36%
Indian Railway Finance Corporation LimitedBond - Corporate Bond49.61 Cr0.36%
06.18 GJ Sdl 2026Bond - Gov't/Treasury49.08 Cr0.36%
HDFC Bank LimitedBond - Corporate Bond49.04 Cr0.36%
Rec LimitedBond - Corporate Bond48.66 Cr0.36%
Tata Capital LimitedBond - Corporate Bond45.04 Cr0.33%
National Housing BankBond - Corporate Bond44.82 Cr0.33%
Gs CG 16/12/2026 - (Strips) TbBond - Gov't/Treasury42.42 Cr0.31%
Kotak Mahindra Prime Ltd. 8.225%Bond - Corporate Bond40.09 Cr0.29%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End36.19 Cr0.26%
7.36 GoiBond - Gov't/Treasury35.76 Cr0.26%
Power Finance Corporation Ltd.Bond - Corporate Bond34.92 Cr0.26%
Mahindra & Mahindra Financial Services Ltd. 8.25%Bond - Corporate Bond31.01 Cr0.23%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond30.9 Cr0.23%
Goi 16.06.2026 GovBond - Gov't/Treasury30.67 Cr0.22%
Mahindra & Mahindra Financial Services Ltd. 8.18%Bond - Corporate Bond30.01 Cr0.22%
Small Industries Development Bank Of IndiaBond - Corporate Bond29.74 Cr0.22%
7.18% Govt Stock 2037Bond - Gov't/Treasury25.23 Cr0.18%
HDFC Bank LimitedBond - Corporate Bond25.09 Cr0.18%
Power Finance Corporation Ltd.Bond - Corporate Bond25.04 Cr0.18%
HDFC Bank LimitedBond - Corporate Bond25.01 Cr0.18%
Power Finance Corporation Ltd.Bond - Corporate Bond25.01 Cr0.18%
HDFC Bank LimitedBond - Corporate Bond24.97 Cr0.18%
Rural Electrification Corporation LimitedBond - Corporate Bond24.96 Cr0.18%
Rural Electrification Corporation LimitedBond - Corporate Bond24.89 Cr0.18%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond24.85 Cr0.18%
Goi 16.06.2025 GovBond - Gov't/Treasury18.96 Cr0.14%
LIC Housing Finance LimitedBond - Corporate Bond17.56 Cr0.13%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond16.52 Cr0.12%
Export Import Bank Of IndiaBond - Corporate Bond15.1 Cr0.11%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.91 Cr0.11%
7.36 GoiBond - Gov't/Treasury12.8 Cr0.09%
7.59% Govt Stock 2026Bond - Gov't/Treasury10.08 Cr0.07%
HDFC Bank LimitedBond - Corporate Bond10.06 Cr0.07%
Axis Finance Ltd. 8.3%Bond - Corporate Bond9.98 Cr0.07%
Kotak Mahindra Prime LimitedBond - Corporate Bond9.95 Cr0.07%
Power Finance Corporation LimitedBond - Corporate Bond9.95 Cr0.07%
Power Finance Corporation LimitedBond - Corporate Bond9.91 Cr0.07%
0% GOI - 17122026 STRIPSBond - Gov't/Treasury9.89 Cr0.07%
Power Finance Corporation LimitedBond - Corporate Bond9.85 Cr0.07%
Rec LimitedBond - Corporate Bond9.72 Cr0.07%
Ntpc LimitedBond - Corporate Bond7.56 Cr0.06%
08.53 Tn SDL 2026Bond - Gov't/Treasury5.1 Cr0.04%
08.22 Tn SDL 2025decBond - Gov't/Treasury5.07 Cr0.04%
08.04 CG Sdl 2026Bond - Gov't/Treasury5.06 Cr0.04%
Power Finance Corporation LimitedBond - Corporate Bond5.04 Cr0.04%
Bajaj Finance LimitedBond - Corporate Bond4.99 Cr0.04%
5.74% Govt Stock 2026Bond - Gov't/Treasury4.86 Cr0.04%
5.79% Govt Stock 2030Bond - Gov't/Treasury4.7 Cr0.03%
5.63% Govt Stock 2026Bond - Gov't/Treasury3.42 Cr0.03%
05.90 Ts SDL 2025Bond - Gov't/Treasury3.31 Cr0.02%
08.72 Tn SDL 2026Bond - Gov't/Treasury1.54 Cr0.01%
07.84 Tn SDL 2026Bond - Gov't/Treasury1.01 Cr0.01%
Kotak Mahindra Investments LimitedBond - Corporate Bond0.79 Cr0.01%
7.35% Govt Stock 2024Bond - Gov't/Treasury0.02 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond11,039.21 Cr80.81%
Bond - Gov't/Treasury1,651.4 Cr12.09%
Cash443.19 Cr3.24%
Bond - Gov't Agency Debt425.11 Cr3.11%
Cash - Repurchase Agreement65.22 Cr0.48%
Mutual Fund - Open End36.19 Cr0.26%

Risk & Performance Ratios

Standard Deviation

This fund

0.87%

Cat. avg.

1.50%

Lower the better

Sharpe Ratio

This fund

-0.67

Cat. avg.

-0.64

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.55

Higher the better

Fund Managers

AP

Aditya Pagaria

Since August 2016

Hardik Shah

Hardik Shah

Since July 2023

Additional Scheme Detailsas of 15th May 2024

ISININF846K01CB0Expense Ratio0.63%Exit LoadNo ChargesFund Size₹13,660 CrAge08 Jun 2012Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Banking & PSU Debt TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14279.57 Cr6.8%
Bandhan Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹14279.57 Cr6.5%
Franklin India Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.5%0.0%₹624.25 Cr6.7%
Franklin India Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.2%0.0%₹624.25 Cr7.1%
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Banking and PSU Debt fund Regular Growth

Moderate Risk

0.4%0.0%₹45.38 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹380.18 Cr6.4%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹380.18 Cr6.7%
Tata Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹207.53 Cr7.0%
Tata Banking & PSU Debt Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹207.53 Cr6.5%

About the AMC

Total AUM

₹2,83,506 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹97.34 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹5193.03 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹78.66 Cr7.1%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13660.32 Cr6.8%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹884.80 Cr22.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹310.57 Cr75.0%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12011.72 Cr35.9%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹8369.16 Cr7.6%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1575.04 Cr22.3%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1208.96 Cr37.1%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5282.11 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹1338.05 Cr30.3%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4938.62 Cr8.5%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹173.58 Cr0.4%
Axis Value Fund Direct Growth

Very High Risk

1.1%1.0%₹562.25 Cr51.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%1.0%₹175.96 Cr7.6%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹353.85 Cr8.6%
Axis Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹32707.97 Cr29.8%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1702.66 Cr6.7%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹495.31 Cr19.9%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13341.11 Cr26.5%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹330.09 Cr11.0%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1931.97 Cr7.9%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34895.64 Cr30.5%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹8006.89 Cr7.3%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹36518.03 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1197.41 Cr22.5%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹27747.62 Cr48.6%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5468.05 Cr7.5%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹900.23 Cr19.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2183.67 Cr28.6%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹313.07 Cr57.8%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹104.49 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.47 Cr7.0%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹452.65 Cr7.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹5152.32 Cr7.6%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹5473.59 Cr53.8%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹69.12 Cr6.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹292.84 Cr6.5%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹41.85 Cr21.2%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹197.81 Cr65.7%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹543.68 Cr7.0%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹256.47 Cr9.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.68 Cr26.3%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Axis Banking & PSU Debt Fund Regular Growth, as of 14-Jun-2024, is ₹2420.11.
The fund has generated 6.50% over the last 1 year and 5.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 94.68% in bonds, and 5.05% in cash and cash equivalents.
The fund managers responsible for Axis Banking & PSU Debt Fund Regular Growth are:-
  1. Aditya Pagaria
  2. Hardik Shah