Axis Banking & PSU Debt Fund - Direct Plan - IDCW - Monthly

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme 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.

Scheme Details

Fund manager(s) – Hardik Shah , Aditya Pagaria
Launch date – 25-Feb-2013
Expense ratio – 0.35% as declared on 31-Jul-2025 (category average is 0.32%)
Benchmark - NIFTY Banking & PSU Debt Index A-II

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

13112.43

0.00

0.00%

Aug - 2025	13112.43	0.00%
Jul - 2025	13286.45	0.00%
Jun - 2025	13264.46	0.00%
May - 2025	13470.40	0.00%
Apr - 2025	13313.34	0.00%
Mar - 2025	12961.49	0.00%
Feb - 2025	12987.92	0.00%
Jan - 2025	12968.72	0.00%

2024

12915.80

0.00

0.00%

Dec - 2024	12915.80	0.00	0.00%
Nov - 2024	13044.53	0.00	0.00%
Oct - 2024	13044.55	0.00	0.00%
Sep - 2024	13159.60	0.00	0.00%
Aug - 2024	13282.68	0.00	0.00%
Jul - 2024	13679.12	0.00	0.00%
Jun - 2024	13685.87	0.00	0.00%
May - 2024	13660.32	81477.95	16.77%
Apr - 2024	13655.95	80680.29	16.93%
Mar - 2024	13728.71	80890.55	16.97%
Feb - 2024	13930.05	80223.63	17.36%
Jan - 2024	14045.22	80069.00	17.54%

2023

14138.47

80183.65

17.63%

Dec - 2023	14138.47	80183.65	17.63%
Nov - 2023	14362.76	80346.64	17.88%
Oct - 2023	14327.70	79368.49	18.05%
Sep - 2023	14425.41	79654.45	18.11%
Aug - 2023	14540.93	80332.61	18.10%
Jul - 2023	14605.62	80956.57	18.04%
Jun - 2023	14715.37	81787.54	17.99%
May - 2023	14780.10	81736.87	18.08%
Apr - 2023	14783.42	81110.56	18.23%
Mar - 2023	14415.52	78484.15	18.37%
Feb - 2023	13953.88	73314.34	19.03%
Jan - 2023	13838.64	73318.83	18.87%

2022

13113.09

74208.59

17.67%

Dec - 2022	13113.09	74208.59	17.67%
Nov - 2022	13182.66	75252.58	17.52%
Oct - 2022	13252.93	76651.58	17.29%
Sep - 2022	13314.23	77785.30	17.12%
Aug - 2022	13871.55	81880.91	16.94%
Jul - 2022	14170.52	82785.88	17.12%
Jun - 2022	14331.02	85128.49	16.83%
May - 2022	14588.00	88850.75	16.42%
Apr - 2022	15080.80	90323.24	16.70%
Mar - 2022	15531.89	93415.66	16.63%
Feb - 2022	15721.67	101302.44	15.52%
Jan - 2022	15853.70	104608.33	15.16%

2021

15960.22

106513.22

14.98%

Dec - 2021	15960.22	106513.22	14.98%
Nov - 2021	16240.55	113508.73	14.31%
Oct - 2021	16525.92	116806.57	14.15%
Sep - 2021	16744.56	117918.18	14.20%
Aug - 2021	16786.01	122278.79	13.73%
Jul - 2021	16407.02	120422.40	13.62%
Jun - 2021	16496.42	120829.19	13.65%
May - 2021	17077.05	120285.43	14.20%
Apr - 2021	16362.98	119665.32	13.67%
Mar - 2021	16154.21	118145.36	13.67%
Feb - 2021	16837.67	125193.80	13.45%
Jan - 2021	16766.94	127435.11	13.16%

2020

16895.63

124611.44

13.56%

Dec - 2020	16895.63	124611.44	13.56%
Nov - 2020	17555.12	123371.11	14.23%
Oct - 2020	18605.61	118432.81	15.71%
Sep - 2020	17590.73	111348.87	15.80%
Aug - 2020	16058.70	104914.41	15.31%
Jul - 2020	16436.89	103791.81	15.84%
Jun - 2020	16455.92	96186.47	17.11%
May - 2020	15316.70	89853.66	17.05%
Apr - 2020	13709.36	79340.17	17.28%
Mar - 2020	13088.76	71984.40	18.18%
Feb - 2020	14469.35	78722.15	18.38%
Jan - 2020	13554.59	74112.05	18.29%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Axis Asset Management Co. Ltd.

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, Pin: 400 013 Mumbai 400025
Tel no.: 022-66496100
Fax no.: 022-43255199
Website.: https://www.axismf.com

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hunch
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23 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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shravanashok
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38 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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8 hrs ago

Build a Stronger Future with Secured Fixed Returns Adani Energy Solutions Limited – 2034 Bond now listed on The Fixed Income ✔️ Coupon: 8.65% p.a. ✔️ Rating: CRISIL AA+ Stable, INDIA RATING AA+ Stable ✔️ Tenor: 9 years 2 months (Maturity: Nov 13, 2034) ✔️ Private Bond | Fixed Returns | High Return | Listed Enjoy the confidence of stable, predictable returns backed by a reputed private issuer—perfect for long-term financial planning. ???? Explore on The Fixed Income : https://www.thefixedincome.com/product/dUJ1cFlnPT0=/865-adani-energy-solutions-limited-2034?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Build a Stronger Future with Secured Fixed Returns Adani Energy Solutions Limited – 2034 Bond now listed on The Fixed Income ✔️ Coupon: 8.65% p.a. ✔️ Rating: CRISIL AA+ Stable, INDIA RATING AA+ Stable ✔️ Tenor: 9 years 2 months (Maturity: Nov 13, 2034) ✔️ Private Bond | Fixed Returns | High Return | Listed Enjoy the confidence of stable, predictable returns backed by a reputed private issuer—perfect for long-term financial planning. ???? Explore on The Fixed Income : https://www.thefixedincome.com/product/dUJ1cFlnPT0=/865-adani-energy-solutions-limited-2034?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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88 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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89 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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95 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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