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Return

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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹12,643 Cr

Lock In Period

N/A

Expense Ratio

0.62

Benchmark

Nifty Banking & PSU Debt Index A-II

Exit Load

Nil

Summary

Latest details for Axis Banking & PSU Debt Fund Growth include a ₹2742.5346 NAV as of May 11,2026 and returns since inception of 21.40%. Minimum investments start at SIP ₹1000. The Axis Banking & PSU Debt Fund Growth AUM is ₹12,643 Cr, with a lock-in of N/A years, expense ratio of 0.62%, and benchmark Nifty Banking & PSU Debt Index A-II. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.23% returns, against a category average of 0.81% and a category best of 2.46%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.230.812.46
6M1.581.855.84
1Y5.026.259.60
3Y6.6816.4628.10

Portfolio Analysis

  • Equity:
  • Debt: 98.03%
  • Others
As on: 2026-04-15
View allocation % by

1. Punjab National Bank (05/02/2027)3.75%
2. 7.59% REC Limited (31/05/2027)3.69%
3. 7.42% Power Finance Corporation Limited (15/04/2028)3.33%
4. Bank of Baroda (11/01/2027)2.64%
5. HDFC Bank Limited (24/02/2027)2.61%
6. 7.34% Small Industries Dev Bank of India (26/02/2029)2.37%
7. 7.44% National Bank For Agriculture and Rural Development (24/02/2028)2.34%
8. Net Receivables / (Payables)2.06%
9. HDFC Bank Limited (15/02/2027)1.87%
10. Canara Bank (04/03/2027)1.86%
11. 6.85% National Bank For Agriculture and Rural Development (19/01/2029)1.76%
12. 7.22% Small Industries Dev Bank of India (10/04/2029)1.57%
13. 6.80% National Housing Bank (02/04/2032)1.54%
14. 7.12% Power Grid Corporation of India Limited (24/12/2034)1.52%
15. 7.69% REC Limited (31/03/2033)1.48%
16. 7.288% Kotak Mahindra Prime Limited (24/10/2028)1.37%
17. 7.32% NTPC Limited (17/07/2029)1.19%
18. HDFC Bank Limited (21/12/2026)1.13%
19. Kotak Mahindra Bank Limited (29/01/2027)1.13%
20. Canara Bank (02/02/2027)1.13%
21. Small Industries Dev Bank of India (18/02/2027)1.12%
22. 7.29% National Housing Bank (04/07/2031)1.06%
23. 6.96% Power Finance Corporation Limited (02/03/2028)1.03%
24. 7.59% National Housing Bank (14/07/2027)0.99%
25. 7.51% Small Industries Dev Bank of India (12/06/2028)0.99%
26. 7.01% National Bank For Agriculture and Rural Development (16/03/2029)0.98%
27. 7.08% Power Grid Corporation of India Limited (25/10/2034)0.97%
28. Shivshakti Securitisation Trust (28/09/2029)0.95%
29. Siddhivinayak Securitisation Trust (28/09/2030)0.95%
30. Kotak Mahindra Bank Limited (21/12/2026)0.95%
31. 6.66% Small Industries Dev Bank of India (25/10/2028)0.85%
32. 6.92% Indian Railway Finance Corporation Limited (29/08/2031)0.85%
33. 7.48% National Bank For Agriculture and Rural Development (15/09/2028)0.83%
34. 8.18% Mahindra & Mahindra Financial Services Limited (31/05/2029)0.80%
35. 7.90% Bajaj Finance Limited (13/04/2028)0.79%
36. 7.44% National Bank For Agriculture and Rural Development (17/07/2029)0.79%
37. 7.5519% HDB Financial Services Limited (04/04/2029)0.79%
38. 7.10% Bajaj Housing Finance Limited (16/10/2028)0.78%
39. 7.44% Karnataka State Development Loans (25/02/2036)0.78%
40. 7.68% National Bank For Agriculture and Rural Development (30/04/2029)0.76%
41. Indian Bank (12/01/2027)0.75%
42. Bank of Baroda (27/01/2027)0.75%
43. Canara Bank (28/01/2027)0.75%
44. 8.23% Indian Railway Finance Corporation Limited (29/03/2029)0.73%
45. 7.35% Export Import Bank of India (27/07/2028)0.72%
46. 7.77% Power Finance Corporation Limited (15/04/2028)0.64%
47. 7.2337% Bajaj Finance Limited (28/06/2027)0.62%
48. Radhakrishna Securitisation Trust (28/09/2028)0.61%
49. 8.55% Indian Railway Finance Corporation Limited (21/02/2029)0.61%
50. 7.8% National Bank For Agriculture and Rural Development (15/03/2027)0.60%
51. 7.59% National Housing Bank (08/09/2027)0.60%
52. 7.35% Bharti Telecom Limited (15/10/2027)0.59%
53. 6.52% REC Limited (31/01/2028)0.59%
54. 7.6937% Nexus Select Trust - REIT (28/05/2027)0.59%
55. 8.62% National Bank For Agriculture and Rural Development (14/03/2034)0.58%
56. 6.48% Government of India (06/10/2035)0.58%
57. 6.94% Power Grid Corporation of India Limited (15/04/2035)0.58%
58. 8.06% Bajaj Finance Limited (15/05/2029)0.58%
59. 7.43% National Bank For Financing Infrastructure And Development (04/07/2034)0.55%
60. 7% National Bank For Agriculture and Rural Development (21/02/2031)0.54%
61. 7.8% Tata Capital Housing Finance Limited (05/08/2027)0.54%
62. 7.3763% Bajaj Finance Limited (26/06/2028)0.51%
63. 7.7951% Bajaj Finance Limited (10/12/2027)0.48%
64. 7.56% REC Limited (31/08/2027)0.44%
65. 7.64% Power Finance Corporation Limited (22/02/2033)0.40%
66. 8% Tata Capital Housing Finance Limited (03/11/2027)0.40%
67. 7.45% Export Import Bank of India (12/04/2028)0.40%
68. 7.62% National Bank For Agriculture and Rural Development (10/05/2029)0.40%
69. 7.62% National Bank For Agriculture and Rural Development (31/01/2028)0.40%
70. 7.12% Export Import Bank of India (27/06/2030)0.40%
71. 7.83% Kotak Mahindra Prime Limited (13/07/2028)0.40%
72. 7.5836% Kotak Mahindra Investments Limited (29/08/2029)0.39%
73. 7.27% Tata Capital Housing Finance Limited (25/04/2028)0.39%
74. 7.123% Tata Capital Housing Finance Limited (21/07/2027)0.39%
75. 7.38% Power Finance Corporation Limited (15/01/2032)0.39%
76. 7.12% Tata Capital Limited (14/11/2028)0.39%
77. 6.61% Power Finance Corporation Limited (15/07/2028)0.39%
78. 6.47% Indian Railway Finance Corporation Limited (30/05/2028)0.39%
79. Union Bank of India (10/12/2026)0.38%
80. National Bank For Agriculture and Rural Development (14/01/2027)0.38%
81. HDFC Bank Limited (12/03/2027)0.37%
82. Kotak Mahindra Prime Limited (24/03/2027)0.37%
83. Small Industries Dev Bank of India (28/01/2027)0.37%
84. Small Industries Dev Bank of India (04/02/2027)0.37%
85. Punjab National Bank (04/03/2027)0.37%
86. 7.64% REC Limited (30/04/2027)0.36%
87. 8.4% Indian Railway Finance Corporation Limited (08/01/2029)0.33%
88. 7.85% Bajaj Finance Limited (11/09/2028)0.31%
89. 7.48% Maharashtra State Development Loans (25/02/2037)0.27%
90. 7.18% Government of India (14/08/2033)0.24%
91. 7.65% Indian Railway Finance Corporation Limited (18/04/2033)0.24%
92. 7.42% Small Industries Dev Bank of India (12/03/2029)0.24%
93. 6.87% Indian Railway Finance Corporation Limited (14/04/2032)0.23%
94. 8.3% NTPC Limited (15/01/2029)0.20%
95. 7.77% REC Limited (31/03/2028)0.20%
96. 7.67% Indian Railway Finance Corporation Limited (15/12/2033)0.20%
97. 7.83% Small Industries Dev Bank of India (24/11/2028)0.20%
98. 7.55% REC Limited (31/03/2028)0.20%
99. 7.6% Power Finance Corporation Limited (13/04/2029)0.20%
100. 8% Tata Capital Limited (10/09/2027)0.20%
101. 7.68% Small Industries Dev Bank of India (10/08/2027)0.20%
102. 7.71% HDFC Bank Limited (20/12/2033)0.20%
103. 7.70% Power Finance Corporation Limited (15/09/2026)0.20%
104. 7.53% National Bank For Agriculture and Rural Development (24/03/2028)0.20%
105. 7.7165% Nexus Select Trust - REIT (14/06/2028)0.20%
106. 7.25% Nuclear Power Corporation Of India Limited (15/12/2027)0.20%
107. 7.65% HDFC Bank Limited (25/05/2033)0.20%
108. 7.67% LIC Housing Finance Limited (15/04/2033)0.20%
109. 7.43% National Bank For Financing Infrastructure And Development (16/06/2033)0.20%
110. 6.60% REC Limited (30/06/2027)0.20%
111. 7.56% Bajaj Housing Finance Limited (04/10/2034)0.20%
112. 6.95% Bajaj Housing Finance Limited (28/01/2028)0.20%
113. 7.4% Bharti Telecom Limited (01/02/2029)0.20%
114. 6.97% Bajaj Housing Finance Limited (17/07/2028)0.20%
115. HDFC Bank Limited (11/09/2026)0.19%
116. Punjab National Bank (04/02/2027)0.19%
117. 6.74% Small Industries Dev Bank of India (10/01/2029)0.19%
118. 7.55% Bajaj Finance Limited (03/04/2035)0.19%
119. 6.98% Power Grid Corporation of India Limited (12/08/2035)0.19%
120. 7.47% Small Industries Dev Bank of India (05/09/2029)0.18%
121. 7.70% National Bank For Agriculture and Rural Development (30/09/2027)0.17%
122. 8.05% NTPC Limited (05/05/2026)0.14%
123. 7.9% Sundaram Home Finance Limited (24/09/2027)0.12%
124. 7.48% Karnataka State Development Loans (04/09/2037)0.12%
125. 8.1% Bajaj Housing Finance Limited (08/07/2027)0.11%
126. 8.24% L&T Finance Limited (16/06/2027)0.08%
127. 7.39% Maharashtra State Development Loans (03/07/2030)0.08%
128. 7.86% Tata Capital Housing Finance Limited (21/09/2029)0.08%
129. 7.44% Power Finance Corporation Limited (11/06/2027)0.08%
130. 7.10% Power Finance Corporation Limited (11/01/2027)0.08%
131. 8.32% HDFC Bank Limited (04/05/2026)0.08%
132. 6.79% Government of India (07/10/2034)0.08%
133. 7.1% HDFC Bank Limited (12/11/2031)0.08%
134. 7.9265% LIC Housing Finance Limited (14/07/2027)0.08%
135. 5.74% Government of India (15/11/2026)0.04%
136. 7.26% Government of India (06/02/2033)0.04%
137. 8.3439% HDB Financial Services Limited (05/07/2027)0.04%
138. 8.255% Kotak Mahindra Prime Limited (22/06/2026)0.04%
139. 7.71% LIC Housing Finance Limited (09/05/2033)0.04%
140. 7.40 % National Bank For Agriculture and Rural Development (29/04/2030)0.04%
141. 6.28% Government of India (14/07/2032)0.04%
142. 7.37% Power Finance Corporation Limited (22/05/2026)0.04%
143. 7.55% Power Finance Corporation Limited (15/04/2027)0.03%
144. 6.92% Government of India (18/11/2039)0.03%
145. 6.90% LIC Housing Finance Limited (17/09/2027)0.02%
146. 8.285% Tata Capital Limited (10/05/2027)0.02%
147. 8.72% Tamilnadu State Development Loans (19/09/2026)0.01%
148. 7.13% Power Finance Corporation Limited (15/07/2026)0.01%
149. 8.25% Mahindra & Mahindra Financial Services Limited (25/03/2027)0.01%
150. 7.22% National Housing Bank (23/07/2026)0.01%
151. 7.4% Indian Railway Finance Corporation Limited (18/04/2026)0.00%
152. 6.67% ICICI Bank Limited (26/11/2028)0.00%
153. Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (11/03/2027) (FV 10000 Lacs)0.00%
154. Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (22/12/2027) (FV 10000 Lacs)0.00%
155. Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (29/01/2030) (FV 2500 Lacs)0.00%
156. Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (21/03/2027) (FV 7500 Lacs)0.00%
157. Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (06/03/2027) (FV 5000 Lacs)0.00%

1. 7.62% Punjab State Development Loans (30/11/2032)1.47%
2. 7.54% Maharashtra State Development Loans (04/02/2037)0.95%
3. 7.81% Uttar Pradesh State Development Loans (19/10/2034)0.44%
4. 7.68% Andhra Pradesh State Development Loans (04/02/2039)0.39%
5. 7.48% Karnataka State Development Loans (28/07/2035)0.39%
6. 7.53% Tamilnadu State Development Loans (28/01/2037)0.39%
7. 6.98% Gujarat State Development Loans (26/11/2032)0.33%
8. 7.54% Karnataka State Development Loans (21/07/2037)0.29%
9. 7.08% Karnataka State Development Loans (12/08/2031)0.24%
10. 6.97% Karnataka State Development Loans (26/02/2030)0.20%
11. 7.02% Bihar State Development Loans (10/09/2030)0.20%
12. 7.81% Gujarat State Development Loans (12/10/2032)0.16%
13. 7.16% Gujarat State Development Loans (24/12/2031)0.16%
14. 7.54% Bihar State Development Loans (03/09/2033)0.09%
15. 7.58% Tamilnadu State Development Loans (11/02/2037)0.08%
16. 6.95% Rajasthan State Development Loans (10/02/2031)0.08%
17. 7.08% Andhra Pradesh State Development Loans (26/03/2037)0.01%

1. 7.27% Indian Railway Finance Corporation Limited (15/06/2027)0.40%
2. 7.85% Power Finance Corporation Limited (03/04/2028)0.32%
3. 7.70% REC Limited (10/12/2027)0.20%

1. 182 Days Tbill (MD 30/04/2026)0.79%
2. 5.79% Government of India (11/05/2030)0.04%

About Fund

Axis Banking & PSU Debt Fund Growth managed by Axis Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹12,643 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
This FundInvesco India Banking and PSU Fund Growth097.35 CR0.63
This FundBandhan Banking and PSU Fund Growth212342.71 CR0.66
This FundAxis Banking & PSU Debt Fund Growth312643.12 CR0.62
This FundICICI Prudential Banking and PSU Debt Fund Growth59174.97 CR0.73
This FundFranklin India Banking & PSU Debt Fund Growth4472.91 CR0.47
Fund Name1Y3Y
This FundInvesco India Banking and PSU Fund Growth4.336521.3291
This FundBandhan Banking and PSU Fund Growth5.022821.3359
This FundAxis Banking & PSU Debt Fund Growth5.017321.4013
This FundICICI Prudential Banking and PSU Debt Fund Growth5.125522.472
This FundFranklin India Banking & PSU Debt Fund Growth6.227422.8407

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 : 0.23%
  • 6 Months : 1.58%
  • 1 Year : 5.02%
  • 3 Years : 6.68%
Returns of Axis Banking & PSU Debt Fund Growth are updated daily based on NAV of ₹ 2742.5346 as on May 11,2026. Since inception, the return has been 21.40%.

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 ₹12,643 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.
Min Inv Amount: ₹500