Axis Banking & PSU Debt Fund Direct Plan Growth

Moderate Risk
Fixed Income
Banking and PSU

NAV as on Jul 4, 2025

Price per unit of the scheme.

₹ 2,732.67210.01%1 Day Change

0.29%

Minimum Investment₹5000

Expense Ratio0.34%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Axis Banking & PSU Debt Fund Direct Plan Growth

Fixed Income: Banking and PSU Average NAV

Topper in Fixed Income: Banking and PSU

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Axis Banking & PSU Debt Fund Direct Plan Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY Banking & PSU Debt TR INR

Expense Ratio

0.34%

Category Avg Expense Ratio

0.34%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 13,470.40 Cr(As on May, 2025)

Inception Date

Jan 01, 2013

Turnover

- %

Exit Load

Nil

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.

Axis Banking & PSU Debt Fund Direct Plan Growth is an Fixed Income - Banking and PSU fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹2,732.67. Its expense ratio is 0.34 %. The fund has an AUM of ₹13,470.40 Cr.The fund is managed byAditya Pagaria,Hardik Shah.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Aditya Pagaria

Lead Fund Manager.

Aug 13, 2016 - Present

Fund Manager Rank14Out of 22
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed17
Total AUM₹ 1,06,425.44 Cr
Highest Return In 1 Yr31.11 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund Direct Growth

₹ 12.30

0.62%

Moderate Risk

₹255.99Cr

Axis Ultra Short Term Fund Direct Growth

₹ 15.66

0.64%

0.48%

Low to Moderate Risk

₹6,210.81Cr

Axis NIFTY G-Sec September 2032 Index Fund Direct Growth

Moderate Risk

₹0.00Cr

Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund Direct Growth

Moderate Risk--

NAV₹ 12.30
Fund Size₹255.99Cr

Fund Return0.62%

Category Return--

Axis Ultra Short Term Fund Direct Growth

Low to Moderate Risk

NAV₹ 15.66
Fund Size₹6,210.81Cr

Fund Return0.64%

Category Return0.48%

Axis NIFTY G-Sec September 2032 Index Fund Direct Growth

Moderate Risk--

NAV--
Fund Size₹0.00Cr

Fund Return--

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Hardik Shah

Lead Fund Manager.

Jul 3, 2023 - Present

Schemes managed20
Total AUM₹ 41,058.74 Cr
Highest Return In 1 Yr10.40 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

₹ 132.08

3.61%

3.42%

Very High Risk

₹128.00Cr

Taurus Infrastructure Fund-Direct Plan-Growth Option

₹ 74.51

4.36%

3.06%

Very High Risk

₹9.31Cr

Axis Long Duration Fund Direct Growth

₹ 1,240.46

-1.94%

-1.68%

Moderate Risk

₹364.09Cr

Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option

Very High Risk

NAV₹ 132.08
Fund Size₹128.00Cr

Fund Return3.61%

Category Return3.42%

Taurus Infrastructure Fund-Direct Plan-Growth Option

Very High Risk

NAV₹ 74.51
Fund Size₹9.31Cr

Fund Return4.36%

Category Return3.06%

Axis Long Duration Fund Direct Growth

Moderate Risk--

NAV₹ 1,240.46
Fund Size₹364.09Cr

Fund Return-1.94%

Category Return-1.68%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Jun, 2025

EQUITY (-%)

DEBT (86.41%)

CASH (13.30%)

Allocation by Market Cap

Other Cap(0.30%)

Industry Holdings

No Data For Allocation

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
-0.44
This Fund
VS
-0.65
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
80.40
This Fund
VS
65.82
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.12
This Fund
VS
1.26
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.70
This Fund
VS
0.51
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.38
This Fund
VS
1.06
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
1.02
This Fund
VS
1.42
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth ₹ 3,36,158.60 crores. It’s current offering of mutual fund schemes includes 33 equity, 30 debt and 12 hybrid schemes.

Phone

+91 22 43255161

customerservice@axismf.com

AUM

₹ 3,36,158.60 Cr (

As on May 31, 2025

)

Address

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

FAQ's

What is the category of Axis Banking & PSU Debt Fund Direct Plan Growth ?

The category of Axis Banking & PSU Debt Fund Direct Plan Growth is Fixed Income - Banking and PSU

What is the current NAV of Axis Banking & PSU Debt Fund Direct Plan Growth ?

The current NAV of Axis Banking & PSU Debt Fund Direct Plan Growth as on Jul 04, 2025 is ₹2,732.67

How safe is Axis Banking & PSU Debt Fund Direct Plan Growth ?

The risk level of Axis Banking & PSU Debt Fund Direct Plan Growth is Moderate.

What are short term returns given by Axis Banking & PSU Debt Fund Direct Plan Growth ?

The return given by Axis Banking & PSU Debt Fund Direct Plan Growth in 1 month is 0.29%, 3 months is 2.33%, 6 months is 5.22%, and 1 year is 9.38%

What are the long term returns given by Axis Banking & PSU Debt Fund Direct Plan Growth ?

The return given by Axis Banking & PSU Debt Fund Direct Plan Growth in 3 years is 7.51% and 5 years is 6.21%.

What is the expense ratio of Axis Banking & PSU Debt Fund Direct Plan Growth ?

The expense ratio of Axis Banking & PSU Debt Fund Direct Plan Growth is 0.34%

What is the AUM of Axis Banking & PSU Debt Fund Direct Plan Growth ?

The assets under Management (AUM) of Axis Banking & PSU Debt Fund Direct Plan Growth is Rs 13,470.40 crores.

What is the minimum investment in Axis Banking & PSU Debt Fund Direct Plan Growth ?

The minimum Lumpsum investment in Axis Banking & PSU Debt Fund Direct Plan Growth is ₹5,000.00 and the minimum SIP investment in Axis Banking & PSU Debt Fund Direct Plan Growth is ₹1,000.00

What is the asset allocation of Axis Banking & PSU Debt Fund Direct Plan Growth?

Axis Banking & PSU Debt Fund Direct Plan Growth has an exposure of 86.41% in Debt and 13.30% in Cash & Money Market Securities