Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout

Debt Generate Interest income and beat FD returns
Banking and PSU Fund
Category Rank
Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout
Rating
Fund
Time to Invest
Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout
NAV
1011.4826
(16/04/2019)
L 52Wk H
1598.93
1754.55

Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout

Debt
Banking and PSU Fund
Generate Interest income and beat FD returns
Rank Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout
Fund
NAV
1011.4826
(16/04/2019)
Time to Invest
Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout
Rating
L 52Wk H
1598.93
1754.55
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
0.13%
3M
1.83%
6M
4.38%
1Y
6.12%
3Y
5.62%
5Y
5.97%
Historical NAV
NAV for scheme Axis Banking & PSU Debt Fund - Weekly 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 Weekly Dividend Payout

AUM

4580.52 Cr
Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout AUM is 136% higher than other schemes in the category

Load

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

Expense Ratio

0.54%
Axis Banking & Psu Debt Fund - Regular Weekly Dividend Payout Expense Ratio is 70% lower than other schemes in the category

Turnover Ratio

NA