Axis Banking & PSU Debt Fund - IDCW - Monthly

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 – 08-Jun-2012
• Expense ratio – 0.63% as declared on 30-Sep-2025 (category average is 0.68%)
• Benchmark - NIFTY Banking & PSU Debt Index A-II

• Min SIP amount - ₹1000
• Min investment amount (one time- first time) - ₹5000
• Min investment amount (addtional purchase) - ₹1000
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Tax Rate

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

Contact Details