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Axis Banking & PSU Debt Fund

5 Value Research
0.15%
Change from previous, NAV as on Aug 21, 2019
Category: Debt: Banking and PSU
Assets: R 7,134 crore (As on Jul 31, 2019)
Expense: 0.59% (As on Jul 31, 2019)
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Basic Details
Fund House: Axis Mutual Fund
Launch Date: Jun 07, 2012
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderately Low
Risk Grade: Below Average
Return Grade: High
Type: Open-ended
Investment Details
Return since Launch: 8.65%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) 1,000
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) 1
Exit Load (%) 0
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 7.36 1.04 3.48 11.03 8.34 8.47 -
CCIL T Bill Liquidity Weight 3.00 0.35 1.22 4.61 4.25 4.66 -
Category 6.81 0.74 3.69 10.02 7.58 8.23 -
Rank within Category 7 4 13 4 1 6 -
Number of funds in category 17 18 18 17 14 13 -
As on Aug 21, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Axis Banking & PSU Debt Fund Jun-2012 11.03 8.34 8.47 0.59 7,134
Edelweiss Banking and PSU Debt Fund - Regular Plan Sep-2013 12.33 8.04 8.47 0.55 103
Franklin India Banking & PSU Debt Fund Apr-2014 11.71 8.00 8.44 0.58 267
Invesco India Banking & PSU Debt Fund Dec-2012 9.82 7.32 7.34 0.65 36
LIC MF Banking & PSU Debt Fund May-2007 10.71 7.81 7.54 0.82 712
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 93 93 30 53
Modified Duration (yrs) 2.20 2.80 2.20 2.64
Average Maturity (yrs) 2.60 3.50 2.60 3.51
Yield to Maturity (%) 7.13 8.79 7.13 7.32
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 7.50 6.57
  9.95% Food Corporation of India 2022 Bonds AAA 5.18 - 9.72 6.57
  8.81% SIDBI 2022 Debenture AAA 0.00 - 8.14 5.64
  7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 6.29 5.39
  7.17% Nat. Highways Authority 2021 Non Convertible Debenture AAA 2.56 - 5.96 4.50
  8.9% State Bank of India 2028 Non Convertible Debenture AAA 0.00 - 4.66 3.97
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.57 3.13
  8.35% REC 2022 Debenture AAA 0.00 - 3.08 2.80
  8.6% National Bank Agr. Rur. Devp 2022 Debenture AAA 2.63 - 10.84 2.63
  7.1% Power Finance Corp. 2022 Bonds/NCDs AAA 2.47 - 5.49 2.47
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Aug 08, 2019 0.1699   More...
    Aug 07, 2019 0.7940    
    Aug 06, 2019 0.0518    
    Aug 02, 2019 1.4136    
    Aug 01, 2019 0.6518    
    Jul 31, 2019 0.7992    
    Jul 30, 2019 0.7219    
    Jul 29, 2019 0.4426    
    Jul 19, 2019 0.2304    
    Jul 16, 2019 0.9311    
    Jul 15, 2019 1.0350    
    Jul 12, 2019 0.4308    
    Jul 11, 2019 0.4873    
    Jul 10, 2019 0.1947    
    Jul 09, 2019 0.5033    
    Jul 08, 2019 1.6360    
    Jul 05, 2019 1.7809    
    Jul 04, 2019 0.8614    
    Jul 03, 2019 0.5180    
    Jun 20, 2019 0.5414    
    Jun 19, 2019 0.2360    
    Jun 06, 2019 0.5808    
    Jun 03, 2019 0.9533    
    May 31, 2019 0.8173    
    May 28, 2019 0.2626    
+ Dividend Monthly Jul 25, 2019 8.1870   More...
    Jun 25, 2019 2.4116    
    May 27, 2019 11.4778    
    Mar 25, 2019 6.8946    
    Feb 25, 2019 6.2289    
    Jan 25, 2019 5.0938    
    Dec 26, 2018 8.7047    
    Nov 26, 2018 9.7998    
    Oct 25, 2018 3.5657    
    Aug 27, 2018 5.0067    
    Jul 25, 2018 5.5705    
    Jun 25, 2018 3.9477    
    Apr 25, 2018 3.4599    
    Mar 26, 2018 4.6972    
    Feb 26, 2018 3.6554    
    Jan 25, 2018 3.3998    
    Dec 26, 2017 2.6102    
    Nov 27, 2017 3.5503    
    Oct 25, 2017 4.1621    
    Sep 25, 2017 3.0939    
    Aug 28, 2017 4.5167    
    Jul 25, 2017 5.4414    
    Jun 27, 2017 6.0929    
    May 25, 2017 3.6034    
    Apr 25, 2017 4.3868    
+ Dividend Weekly Aug 13, 2019 2.0339   More...
    Aug 05, 2019 3.2521    
    Jul 29, 2019 1.1326    
    Jul 22, 2019 0.5451    
    Jul 15, 2019 2.6550    
    Jul 08, 2019 4.9607    
    Jun 24, 2019 1.2065    
    Jun 03, 2019 2.0350    
    May 27, 2019 5.3414    
    May 20, 2019 0.9940    
    Apr 02, 2019 2.0920    
    Mar 25, 2019 1.2418    
    Mar 18, 2019 2.6623    
    Mar 11, 2019 2.2827    
    Mar 05, 2019 1.5422    
    Feb 25, 2019 1.3524    
    Feb 18, 2019 1.3727    
    Feb 11, 2019 3.0493    
    Jan 28, 2019 0.7974    
    Jan 14, 2019 2.1188    
    Jan 07, 2019 0.3931    
    Dec 31, 2018 1.7080    
    Dec 24, 2018 3.8405    
    Dec 17, 2018 0.7165    
    Dec 10, 2018 0.5001    
News and Analysis
Contact Information

AMC: Axis Asset Management Company Ltd.

Address: 'Axis House' - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025 | Phone: 022-24255161 | Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com



Registrar & Transfer Agent: Karvy Fintech Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034 | Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com