AX
Axis Banking and PSU Debt Fund Direct Growth
Latest NAV
+4.81% 1Y
Sign In to Add to Portfolio
Benchmark: Nifty Banking & PSU Debt Index A-II
Expense ratio
0.36%
AUM
₹11,994 Cr
Min SIP
₹1,000
Min lump sum
₹5,000
1Y
+4.81%
3Y (ann.)
+6.91%
5Y (ann.)
+6.14%
Launched
Jan 2013
Where the NAV sits & how risky it is
₹2,896.79
52-week range
at 96%
₹2,896.79
Low 06 Oct 2025₹2,767.47
High 14 Aug 2026₹2,901.60
Risk level
Moderate
Low
Very high
NAV history
02 Jan 2013
Since inception
05 Oct 2026
Returns by period
1W
+0.01%
1M
+0.11%
3M
+0.37%
6M
+2.89%
1Y
+4.81%
3Y
+6.91%
5Y
+6.14%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹1,000
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
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 manager(s): Aditya Pagaria, Hardik Shah
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
01 Jan 2013
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
Similar schemes
RANKED BY 1Y RETURN
Bank of India Credit Risk Fund Direct Growth
1▲ 12.4 pts ahead of this fund
Aditya Birla Sun Life Credit Risk Fund Direct Growth
2▲ 7.2 pts ahead of this fund
DSP Credit Risk Fund Direct Growth
3▲ 6.0 pts ahead of this fund
Jm Dynamic Term Fund Direct Plan Half Yearly Bonus Option Principal Units
4▲ 4.3 pts ahead of this fund
Aditya Birla Sun Life Medium Term Fund Direct Growth
5▲ 3.6 pts ahead of this fund
Baroda BNP Paribas Banking & PSU Bond Fund Direct Growth
6▲ 3.4 pts ahead of this fund