Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout

Debt Generate Interest income and beat FD returns
Banking and PSU Fund
Category Rank
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout
Rating
Fund
Time to Invest
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout
NAV
1026.244
(21/08/2019)
L 52Wk H
998.58
1027.11
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Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout

Debt
Banking and PSU Fund
Generate Interest income and beat FD returns
Rank Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout
Fund
NAV
1026.244
(21/08/2019)
Time to Invest
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout
Rating
L 52Wk H
998.58
1027.11
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. .

Category
  • Debt - Banking and PSU Fund
Benchmark
  • Crisil 1 Yr T-Bill Index
  • NIFTY Banking and PSU Debt Index
Returns
1M
0.72%
3M
2.62%
6M
4.50%
1Y
8.21%
3Y
6.12%
5Y
6.16%
Historical NAV
NAV for scheme Axis Banking & PSU Debt Fund - Monthly Dividend Option is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout

AUM

7134.09 Cr
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout AUM is 186% higher than other schemes in the category

Load

Entry Load - NIL
Exit Load - NIL
Lock In Period - NIL

Expense Ratio

0.59%
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Payout Expense Ratio is 75% lower than other schemes in the category

Turnover Ratio

NA