Axis Banking & PSU Debt Fund - Growth - Direct Plan

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  • 0.07 %Nav, as on 04-12-2023

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  • Net Change on 04-12-2023

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Fund Overview Growth | Direct Plan

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  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

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  • 52 Week High Nav Date

Fund 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option 5.91 5.21 6.46 4.71 7.09 7.80
Nifty 10 yr Benchmark G-Sec 0.94 1.03 6.67 2.91 5.69 6.43
NIFTY Banking and PSU Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option Jan 01, 2013 6.46 4.71 7.09 0.34 14,327.70
Bandhan Banking & PSU Debt Fund-Direct Plan- Growth Option Mar 07, 2013 6.86 4.74 7.56 0.32 14,779.63
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth Mar 13, 2013 7.44 5.60 7.49 0.39 8,282.80
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth Jan 01, 2013 6.88 4.92 7.34 0.36 8,150.97
HDFC BANKING AND PSU DEBT FUND - Direct Plan - Growth Option Mar 26, 2014 6.96 4.95 7.40 0.39 6,427.52
Kotak Banking and PSU Debt Direct - Growth Jan 01, 2013 6.83 5.10 7.56 0.37 6,015.55

Fund Holdings as on 30-November-2023

  • 7.1% Export Import Bank of India (18/03/2026) **

  • 7.4% Indian Railway Finance Corporation Limited (18/04/2026) **

  • 7.56% REC Limited (30/06/2026) **

  • 7.9% Bajaj Finance Limited (17/11/2025) **

  • 7.11% Small Industries Dev Bank of India (27/02/2026) **

  • 7.7% HDFC Bank Limited (18/11/2025) **

  • 7.23% Indian Railway Finance Corporation Limited (15/10/2026) **

  • 7.50% National Bank For Agriculture and Rural Development (31/08/2026) **

  • 7.58% National Bank For Agriculture and Rural Development (31/07/2026) **

  • 7.22% National Housing Bank (23/07/2026) **

  • Net Receivables / (Payables)

  • 7.35% NTPC Limited (17/04/2026) **

  • 5.63% Government of India (12/04/2026)

  • 7.2% National Bank For Agriculture and Rural Development (23/09/2025) **

  • 5.83% State Bank of India (25/10/2030) **

  • 7.37% Power Finance Corporation Limited (22/05/2026) **

  • 7.4% National Housing Bank (16/07/2026) **

  • 7.58% Power Finance Corporation Limited (15/01/2026) **

  • 6.18% Indian Bank (13/01/2031) **

  • HDB Financial Services Limited (13/01/2026) (ZCB) **

  • 7.9237% Bajaj Housing Finance Limited (16/03/2026) **

  • 6.24% State Bank of India (20/09/2030) **

  • 5.78% HDFC Bank Limited (25/11/2025) **

  • 5.74% Government of India (15/11/2026)

  • Clearing Corporation of India Ltd

  • 7.43% Small Industries Dev Bank of India (31/08/2026)

  • 7.1% ICICI Bank Limited (17/02/2030) **

  • 7.4% National Bank For Agriculture and Rural Development (30/01/2026) **

  • 7.13% Power Finance Corporation Limited (15/07/2026) **

  • 7.49% National Bank For Agriculture and Rural Development (15/10/2026) **

  • 7.4% HDFC Bank Limited (02/06/2025) **

  • 8.38% Rajasthan State Development Loans (27/01/2026)

  • 7.59% Small Industries Dev Bank of India (10/02/2026) **

  • 7.42% Bajaj Housing Finance Limited (12/08/2025) **

  • 7.51% REC Limited (31/07/2026) **

  • 7.44% Small Industries Dev Bank of India (04/09/2026) **

  • 7.15% Small Industries Dev Bank of India (21/07/2025) **

  • 8.0736% HDB Financial Services Limited (17/04/2026) **

  • 7.59% Government of India (11/01/2026)

  • 7.41% Indian Railway Finance Corporation Limited (15/10/2026) **

  • 7.54% Small Industries Dev Bank of India (12/01/2026) **

  • 6.50% Tata Capital Housing Finance Limited (15/06/2026) **

  • 7.57% Gujarat State Development Loans (09/11/2026)

  • 7.77% REC Limited (30/09/2026) **

  • 8.67% Karnataka State Development Loans (24/02/2026)

  • 7.13% Power Finance Corporation Limited (08/08/2025) **

  • 8.04% HDB Financial Services Limited (25/02/2026) **

  • 8.67% Maharastra State Development Loans (24/02/2026)

  • 7.64% REC Limited (30/06/2026) **

  • Government of India (19/03/2027)

  • 7.40% Government of India (19/09/2026)

  • 7.8376% Kotak Mahindra Prime Limited (21/07/2025) **

  • 6.80% Government of India (15/06/2025)

  • 6.80% Government of India (15/12/2026)

  • 7.40% Government of India (19/03/2026)

  • 7.57% National Bank For Agriculture and Rural Development (19/03/2026)

  • 6.80% Government of India (15/06/2026)

  • 7.97% Tata Capital Housing Finance Limited (03/11/2025) **

  • 8% Bajaj Finance Limited (27/02/2026) **

  • 7.97% Kotak Mahindra Prime Limited (22/05/2026) **

  • 7.6% REC Limited (27/02/2026) **

  • 7.47% Small Industries Dev Bank of India (25/11/2025) **

  • 7.44% REC Limited (30/04/2026)

  • 7.23% Small Industries Dev Bank of India (09/03/2026) **

  • 6.43% HDFC Bank Limited (29/09/2025)

  • 6.18% Gujarat State Development Loans (31/03/2026)

  • 5.94% REC Limited (31/01/2026) **

  • 6.95% Government of India (16/12/2026)

  • 8.15% Tamilnadu State Development Loans(13/11/2025)

  • 8.16% Karnataka State Development Loans (26/11/2025)

  • 7.55% Power Finance Corporation Limited (15/07/2026) **

  • 7.36% Government of India (12/09/2026)

  • SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2

  • Government of India (16/06/2026)

  • Kotak Mahindra Investments Limited (29/01/2026) (ZCB) **

  • 7.77% Power Finance Corporation Limited (15/07/2026) **

  • 7.8% HDFC Bank Limited (02/06/2025) **

  • 7.70% Power Finance Corporation Limited (15/09/2026) **

  • 7.9% Kotak Mahindra Prime Limited (13/01/2026) **

  • 7.64% Power Finance Corporation Limited (25/08/2026) **

  • 7.35% National Bank For Agriculture and Rural Development (08/07/2025) **

  • Export Import Bank of India (14/03/2024)

  • 6.3% HDB Financial Services Limited (17/03/2025)

  • 8.49% Tamil Nadu State Development Loans (10/02/2026)

  • 6.95% Government of India (16/06/2025)

  • 8.1432% LIC Housing Finance Limited (25/03/2026) **

  • 8.40% Nuclear Power Corporation Of India Limited (28/11/2025) **

  • 8.18% Export Import Bank of India (07/12/2025) **

  • 7.8925% Bajaj Finance Limited (10/06/2025)

  • 7.74% Sundaram Finance Limited (09/06/2025) **

  • 7.25% National Bank For Agriculture and Rural Development (01/08/2025)

  • 7.36% Government of India (12/03/2026)

  • 8.32% HDFC Bank Limited (04/05/2026) **

  • 6.5% Power Finance Corporation Limited (17/09/2025)

  • 7.63% Government of India (17/12/2026)

  • Kotak Mahindra Investments Limited (19/05/2026) (ZCB) **

  • 8.22% Tamil Nadu State Development Loans (09/12/2025)

  • 8.90% Power Finance Corporation Limited (15/03/2025) **

  • 8.04% Chattisgarh State Development Loans (20/03/2026)

  • 5.79% Government of India (11/05/2030)

  • 5.9% Telangana State Development Loans (27/05/2025)

  • 7.35% Government of India (22/06/2024)

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • ICRA AAA

  • Sov

  • Unrated

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About Axis Banking & PSU Debt Fund

Scheme Analysis

Axis Banking & PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to Axis Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹14,362.76 crore. Axis Banking & PSU Debt Fund is benchmarked against Nifty 10 yr Benchmark G-Sec as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of Axis Banking & PSU Debt Fund ended up ₹1.77(0.07%)yesterday to ₹2391.4869.

Among its top 3 holdings the fund has exposure to 7.1% Export Import Bank of India (18/03/2026) **, and

The Axis Banking & PSU Debt Fund is managed by Aditya Pagaria and Hardik Shah.

Fund House Contact

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

022-43255161
022-43255199
www.axismf.com