Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment

Debt Generate Interest income and beat FD returns
Banking and PSU Fund
Category Rank
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment
Rating
Fund
Time to Invest
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment
NAV
1028.1219
(23/08/2019)
L 52Wk H
998.58
1028.12
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Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment

Debt
Banking and PSU Fund
Generate Interest income and beat FD returns
Rank Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment
Fund
NAV
1028.1219
(23/08/2019)
Time to Invest
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment
Rating
L 52Wk H
998.58
1028.12
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
1.03%
3M
2.53%
6M
4.65%
1Y
8.38%
3Y
6.17%
5Y
6.19%
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 Reinvestment

AUM

7134.09 Cr
Axis Banking & Psu Debt Fund - Regular Monthly Dividend Reinvestment 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 Reinvestment Expense Ratio is 75% lower than other schemes in the category

Turnover Ratio

NA