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Axis Banking & PSU Debt Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Axis Banking & PSU Debt Fund Growth Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹12,219 Cr

Lock In Period

N/A

Expense Ratio

0.62

Exit Load

Nil

Benchmark

Nifty Banking & PSU Debt Index A-II

Summary

Axis Banking & PSU Debt Fund Growth NAV is ₹2771.6439 as of 22 Jun, 2026. Axis Banking & PSU Debt Fund Growth has delivered 21.94% returns since its launch. The minimum SIP investment amount in Axis Banking & PSU Debt Fund Growth is ₹1000. The AUM of Axis Banking & PSU Debt Fund Growth is ₹12,219 Cr. The expense ratio of the fund is 0.62%, and its benchmark is Nifty Banking & PSU Debt Index A-II. The current exit load of the fund is Nil. In the last 1M months, Axis Banking & PSU Debt Fund Growth has delivered 1.44% returns.

Axis Banking & PSU Debt Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M1.440.802.46
6M2.462.115.84
1Y4.854.869.60
3Y6.8414.6128.10

Portfolio Analysis

  • Equity:
  • Debt: 99.66%
  • Others
As on: 2026-05-31
View allocation % by

1. 7.59% REC Limited (31/05/2027)3.79%
2. 7.42% Power Finance Corporation Limited (15/04/2028)3.42%
3. Clearing Corporation of India Ltd3.05%
4. Punjab National Bank (05/02/2027)2.72%
5. HDFC Bank Limited (24/02/2027)2.71%
6. Bank of Baroda (11/01/2027)2.54%
7. 7.44% National Bank For Agriculture and Rural Development (24/02/2028)2.40%
8. 6.54% Tamilnadu State Development Loans (25/02/2029)2.26%
9. Net Receivables / (Payables)2.24%
10. 7.34% Small Industries Dev Bank of India (26/02/2029)2.10%
11. 7.7% Nuclear Power Corporation Of India Limited (21/03/2038)2.05%
12. 6.47% Indian Railway Finance Corporation Limited (30/05/2028)2.00%
13. HDFC Bank Limited (15/02/2027)1.94%
14. Canara Bank (04/03/2027)1.93%
15. 6.85% National Bank For Agriculture and Rural Development (19/01/2029)1.80%
16. 7.22% Small Industries Dev Bank of India (10/04/2029)1.61%
17. 6.80% National Housing Bank (02/04/2032)1.56%
18. Canara Bank (28/01/2027)1.56%
19. 7.69% REC Limited (31/03/2033)1.51%
20. 7.24% Government of India (18/08/2055)1.45%
21. 7.35% National Housing Bank (02/01/2032)1.41%
22. 7.288% Kotak Mahindra Prime Limited (24/10/2028)1.41%
23. 8.25% Bajaj Housing Finance Limited (27/05/2031)1.23%
24. 7.32% NTPC Limited (17/07/2029)1.22%
25. HDFC Bank Limited (21/12/2026)1.18%
26. Kotak Mahindra Bank Limited (29/01/2027)1.17%
27. Canara Bank (02/02/2027)1.17%
28. Siddhivinayak Securitisation Trust (28/09/2030)1.16%
29. ICICI Bank Limited (25/03/2027)1.15%
30. 7.29% National Housing Bank (04/07/2031)1.08%
31. 7.59% National Housing Bank (14/07/2027)1.02%
32. 7.51% Small Industries Dev Bank of India (12/06/2028)1.02%
33. 6.52% REC Limited (31/01/2028)1.00%
34. Kotak Mahindra Bank Limited (21/12/2026)0.98%
35. 7.64% Power Finance Corporation Limited (22/02/2033)0.97%
36. 6.96% Power Finance Corporation Limited (02/03/2028)0.97%
37. Shivshakti Securitisation Trust (28/09/2029)0.97%
38. 6.66% Small Industries Dev Bank of India (25/10/2028)0.88%
39. 8.18% Mahindra & Mahindra Financial Services Limited (31/05/2029)0.82%
40. 7.12% Power Grid Corporation of India Limited (24/12/2034)0.79%
41. Indian Bank (12/01/2027)0.78%
42. Bank of Baroda (27/01/2027)0.78%
43. 8.23% Indian Railway Finance Corporation Limited (29/03/2029)0.75%
44. 7.35% Export Import Bank of India (27/07/2028)0.73%
45. 7.3763% Bajaj Finance Limited (26/06/2028)0.73%
46. 7.77% Power Finance Corporation Limited (15/04/2028)0.65%
47. 8.55% Indian Railway Finance Corporation Limited (21/02/2029)0.63%
48. Radhakrishna Securitisation Trust (28/09/2028)0.62%
49. 7.6937% Nexus Select Trust - REIT (28/05/2027)0.61%
50. 7.59% National Housing Bank (08/09/2027)0.61%
51. 7.08% Power Grid Corporation of India Limited (25/10/2034)0.59%
52. 6.65% Indian Railway Finance Corporation Limited (20/05/2030)0.59%
53. 8.06% Bajaj Finance Limited (15/05/2029)0.59%
54. Punjab National Bank (04/03/2027)0.58%
55. 7.8% Tata Capital Housing Finance Limited (05/08/2027)0.52%
56. 6.92% Indian Railway Finance Corporation Limited (29/08/2031)0.51%
57. 7.56% REC Limited (31/08/2027)0.45%
58. 7.35% Bharti Telecom Limited (15/10/2027)0.44%
59. 7.45% Export Import Bank of India (12/04/2028)0.41%
60. 7.90% Bajaj Finance Limited (13/04/2028)0.41%
61. Tata Capital Limited (21/02/2029) (FRN)0.41%
62. 8% Tata Capital Housing Finance Limited (03/11/2027)0.41%
63. 7.12% Export Import Bank of India (27/06/2030)0.41%
64. 7.123% Tata Capital Housing Finance Limited (21/07/2027)0.41%
65. 7.83% Kotak Mahindra Prime Limited (13/07/2028)0.41%
66. 7.62% National Bank For Agriculture and Rural Development (31/01/2028)0.41%
67. 7.5836% Kotak Mahindra Investments Limited (29/08/2029)0.40%
68. 7.10% Bajaj Housing Finance Limited (16/10/2028)0.40%
69. 6.61% Power Finance Corporation Limited (15/07/2028)0.40%
70. 7.12% Tata Capital Limited (14/11/2028)0.40%
71. 7.17% Indian Railway Finance Corporation Limited (27/04/2035)0.40%
72. 7.27% Tata Capital Housing Finance Limited (25/04/2028)0.40%
73. 6.58% Indian Railway Finance Corporation Limited (30/05/2030)0.39%
74. Union Bank of India (10/12/2026)0.39%
75. National Bank For Agriculture and Rural Development (14/01/2027)0.39%
76. Small Industries Dev Bank of India (28/01/2027)0.39%
77. Canara Bank (12/03/2027)0.39%
78. HDFC Bank Limited (12/03/2027)0.39%
79. 7.64% REC Limited (30/04/2027)0.37%
80. 7.68% National Bank For Agriculture and Rural Development (30/04/2029)0.37%
81. 7.2337% Bajaj Finance Limited (28/06/2027)0.35%
82. 8.4% Indian Railway Finance Corporation Limited (08/01/2029)0.33%
83. 7.85% Bajaj Finance Limited (11/09/2028)0.32%
84. 7.7951% Bajaj Finance Limited (10/12/2027)0.29%
85. 7.18% Government of India (14/08/2033)0.25%
86. 7.65% Indian Railway Finance Corporation Limited (18/04/2033)0.24%
87. 7.42% Small Industries Dev Bank of India (12/03/2029)0.24%
88. 6.87% Indian Railway Finance Corporation Limited (14/04/2032)0.24%
89. 8.3% NTPC Limited (15/01/2029)0.21%
90. 7.71% HDFC Bank Limited (20/12/2033)0.20%
91. 7.8% National Bank For Agriculture and Rural Development (15/03/2027)0.20%
92. 7.67% Indian Railway Finance Corporation Limited (15/12/2033)0.20%
93. 7.25% Nuclear Power Corporation Of India Limited (15/12/2027)0.20%
94. 7.6% Power Finance Corporation Limited (13/04/2029)0.20%
95. 7.53% National Bank For Agriculture and Rural Development (24/03/2028)0.20%
96. 7.7165% Nexus Select Trust - REIT (14/06/2028)0.20%
97. 7.37% Indian Railway Finance Corporation Limited (31/07/2029)0.20%
98. 7.83% Small Industries Dev Bank of India (24/11/2028)0.20%
99. 7.68% Small Industries Dev Bank of India (10/08/2027)0.20%
100. 8.1167% Bajaj Finance Limited (10/05/2027)0.20%
101. 6.60% REC Limited (30/06/2027)0.20%
102. 7.65% HDFC Bank Limited (25/05/2033)0.20%
103. 6.95% Bajaj Housing Finance Limited (28/01/2028)0.20%
104. 6.74% Small Industries Dev Bank of India (10/01/2029)0.20%
105. 7.56% Bajaj Housing Finance Limited (04/10/2034)0.20%
106. 7.55% Bajaj Finance Limited (03/04/2035)0.20%
107. 7.38% Power Finance Corporation Limited (15/01/2032)0.20%
108. 6.97% Bajaj Housing Finance Limited (17/07/2028)0.20%
109. 7.01% National Bank For Agriculture and Rural Development (16/03/2029)0.20%
110. 7.4% Bharti Telecom Limited (01/02/2029)0.20%
111. 6.98% Power Grid Corporation of India Limited (12/08/2035)0.20%
112. Export Import Bank of India (05/06/2026)0.20%
113. Punjab National Bank (04/02/2027)0.19%
114. National Bank For Agriculture and Rural Development (04/02/2027)0.19%
115. Kotak Mahindra Bank Limited (05/03/2027)0.19%
116. 7.70% National Bank For Agriculture and Rural Development (30/09/2027)0.18%
117. 7.47% Small Industries Dev Bank of India (05/09/2029)0.18%
118. 7.9% Sundaram Home Finance Limited (24/09/2027)0.12%
119. 8.1% Bajaj Housing Finance Limited (08/07/2027)0.11%
120. 7.9265% LIC Housing Finance Limited (14/07/2027)0.08%
121. 7.10% Power Finance Corporation Limited (11/01/2027)0.08%
122. 7.39% Maharashtra State Development Loans (03/07/2030)0.08%
123. 7.44% Power Finance Corporation Limited (11/06/2027)0.08%
124. 7.86% Tata Capital Housing Finance Limited (21/09/2029)0.08%
125. 7.1% HDFC Bank Limited (12/11/2031)0.08%
126. 8.3439% HDB Financial Services Limited (05/07/2027)0.06%
127. 5.74% Government of India (15/11/2026)0.04%
128. 7.26% Government of India (06/02/2033)0.04%
129. 8.255% Kotak Mahindra Prime Limited (22/06/2026)0.04%
130. 7.48% National Bank For Agriculture and Rural Development (15/09/2028)0.04%
131. 7.71% LIC Housing Finance Limited (09/05/2033)0.04%
132. 7.40 % National Bank For Agriculture and Rural Development (29/04/2030)0.04%
133. 6.28% Government of India (14/07/2032)0.04%
134. 8.24% L&T Finance Limited (16/06/2027)0.03%
135. 7.55% Power Finance Corporation Limited (15/04/2027)0.03%
136. 6.92% Government of India (18/11/2039)0.03%
137. 6.90% LIC Housing Finance Limited (17/09/2027)0.02%
138. 8.285% Tata Capital Limited (10/05/2027)0.02%
139. Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (22/12/2027) (FV 10000 Lacs)0.01%
140. 8.72% Tamilnadu State Development Loans (19/09/2026)0.01%
141. 7.13% Power Finance Corporation Limited (15/07/2026)0.01%
142. 7.22% National Housing Bank (23/07/2026)0.01%
143. 8.25% Mahindra & Mahindra Financial Services Limited (25/03/2027)0.01%
144. Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (21/03/2027) (FV 7500 Lacs)0.00%
145. Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (06/03/2027) (FV 5000 Lacs)0.00%
146. Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (11/03/2027) (FV 10000 Lacs)0.00%
147. 6.67% ICICI Bank Limited (26/11/2028)0.00%

1. 7.62% Punjab State Development Loans (30/11/2032)1.51%
2. 7.07% Gujarat State Development Loans (12/02/2032)0.33%
3. 7.08% Karnataka State Development Loans (12/08/2031)0.24%
4. 7.54% Karnataka State Development Loans (21/07/2037)0.22%
5. 6.97% Karnataka State Development Loans (26/02/2030)0.20%
6. 7.02% Bihar State Development Loans (10/09/2030)0.20%
7. 7.81% Gujarat State Development Loans (12/10/2032)0.17%
8. 7.16% Gujarat State Development Loans (24/12/2031)0.16%
9. 7.54% Bihar State Development Loans (03/09/2033)0.09%
10. 7.58% Tamilnadu State Development Loans (11/02/2037)0.08%
11. 6.95% Rajasthan State Development Loans (10/02/2031)0.08%
12. 7.08% Andhra Pradesh State Development Loans (26/03/2037)0.01%

1. 7.27% Indian Railway Finance Corporation Limited (15/06/2027)0.41%
2. 7.85% Power Finance Corporation Limited (03/04/2028)0.33%
3. 7.70% REC Limited (10/12/2027)0.20%

1. 5.79% Government of India (11/05/2030)0.04%

About Fund Axis Banking & PSU Debt Fund Growth

Axis Banking & PSU Debt Fund Growth managed by Axis Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹12,219 Crore. The fund benchmarks its performance against the Nifty Banking & PSU Debt Index A-II while maintaining an expense ratio of 0.62. Under the expert guidance of Aditya Pagaria ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Aditya Pagaria

Mr. Aditya has done his education from Institute of Technology and Management, SK Somaiya College. Prior to this he was working as Asst. Manager with ICICI Prudential AMC.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
DSP Banking & PSU Debt Fund Growth53381.46 CR0.59
LIC MF Banking & PSU Fund Growth11831.19 CR0.64
Axis Banking & PSU Debt Fund Growth312219.33 CR0.62
Kotak Banking and PSU Debt Fund - Growth55008.73 CR0.75
ICICI Prudential Banking and PSU Debt Fund Growth58943.23 CR0.73
Fund Name1Y3Y
This FundDSP Banking & PSU Debt Fund Growth4.026321.7233
This FundLIC MF Banking & PSU Fund Growth4.467821.8651
This FundAxis Banking & PSU Debt Fund Growth4.853821.9435
This FundKotak Banking and PSU Debt Fund - Growth4.958822.9208
This FundICICI Prudential Banking and PSU Debt Fund Growth5.194723.0624

Axis Banking & PSU Debt Fund Growth FAQs

Axis Banking & PSU Debt Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Banking & PSU Debt Fund Growth is 0.62. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Banking & PSU Debt Fund Growth’s fund performance is as follows:
  • 1 Month : 1.44%
  • 6 Months : 2.46%
  • 1 Year : 4.85%
  • 3 Years : 6.84%
Returns of Axis Banking & PSU Debt Fund Growth are updated daily based on NAV of ₹ 2771.6439 as on Jun 19,2026. Since inception, the return has been 21.94%.

You can invest in Axis Banking & PSU Debt Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Banking & PSU Debt Fund Growth is ₹12,219 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Banking & PSU Debt Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.