Can I invest in SIP and Lumpsum in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth?

Yes, you can invest both lumpsum and SIP in AXIS Banking & PSU Debt Fund - Direct (IDCW-D). Minimum lumpsum investment AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is ₹5,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth?

The latest NAV (Net Asset Value) of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is ₹1039.13 as on 2025-02-20.

Which are the biggest stock holdings of AXIS Banking & PSU Debt Fund - Direct (IDCW-D)?

The 5 biggest stock holdings of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) are: E X I M Bank (6.69%), I R F C (4.92%), S I D B I (4.70%), N A B A R D (3.77%), Natl. Hous. Bank (3.28%)

What are the top sectors AXIS Banking & PSU Debt Fund - Direct (IDCW-D) invests in?

A majority of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) 's AUM worth ₹12,993.63 (Cr) is invested in these 3 top sectors: There is no data for Top 3 sector holdings in the portfolio!

Mutual Funds
AXIS Banking & PSU Debt Fund - Direct (IDCW-D)

AXIS Banking & PSU Debt Fund - Direct (IDCW-D)

Banking and PSU Fund

Invest Now

NAV
1039.13(0.00%)
Fund Size (CR)
₹12,968.72
Expense Ratio
0.35
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
8.01%

Absolute Return: 0%

Annualized Return: 0%

Basic Details

Scheme Manager

Aditya Pagaria

Bench Mark

Nifty Banking & PSU Debt Index A-II

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	11 February 2025	10007.91	0.08%	-	0.04%	53/166
1 Month	17 January 2025	10071.76	0.72%	-	0.61%	18/166
3 Month	18 November 2024	10183.68	1.84%	-	1.60%	15/166
6 Month	16 August 2024	10375.99	3.76%	-	3.61%	65/166
1 Year	16 February 2024	10777.83	7.78%	7.78%	7.64%	85/166
3 Year	18 February 2022	12040.89	20.41%	6.39%	6.21%	48/156
5 Year	18 February 2020	13554.36	35.54%	6.27%	6.13%	55/130
Since Inception	1 January 2013	25495.37	154.95%	8.01%	6.99%	18/166

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2024	1,20,000	294732.00	145.61%	145.61%
3 Year	2 March 2022	3,60,000	884340.28	145.65%	34.93%
5 Year	2 March 2020	6,00,000	1475821.84	145.97%	19.72%
10 Year	2 March 2015	12,00,000	2993290.58	149.44%	9.57%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.24%

Standard Deviation

0.03%

Beta

-0.50%

Sharpe Ratio

1.29%

Treynor's Ratio

-0.52%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
E X I M Bank	6.69%	8740	869.38	Corporate Debts	Debt Others
I R F C	4.92%	64050	639.41	Corporate Debts	Debt Others
S I D B I	4.70%	6150	610.81	Corporate Debts	Debt Others
N A B A R D	3.77%	48500	489.74	Corporate Debts	Debt Others
Natl. Hous. Bank	3.28%	42500	425.64	Corporate Debts	Debt Others
Natl. Hous. Bank	2.89%	37500	376.12	Corporate Debts	Debt Others
HDFC Bank	2.82%	36000	366.33	Corporate Debts	Debt Others
REC Ltd	2.51%	32500	325.61	Corporate Debts	Debt Others
REC Ltd	2.50%	32500	324.61	Corporate Debts	Debt Others
HDFC Bank	2.38%	3100	309.27	Corporate Debts	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
AXIS Banking & PSU Debt Fund - Direct (IDCW-D)	12968.72	0.72%	1.84%	3.76%	7.78%	6.39%
TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI	192.80	0.77%	2.18%	4.91%	10.30%	8.36%
Bandhan Banking & PSU Debt Fund - Direct (IDCW-D)	13421.64	0.71%	1.96%	4.05%	8.37%	6.70%
Kotak Banking and PSU Debt Fund - Direct (G)	5654.63	0.70%	1.79%	3.94%	8.32%	6.73%
Mirae Asset Banking and PSU Fund-Dir (G)	49.03	0.75%	2.02%	3.97%	8.28%	6.27%
Mirae Asset Banking and PSU Fund-Dir (IDCW)	49.03	0.74%	2.01%	3.96%	8.27%	6.26%

News

Axis Mutual Fund announces change in Exit Load Structure

Axis Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 20 February 2025

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
Axis Income Advantage Fund of Funds :	' If redeemed / switched-out within 3 months from the date of allotment: - For 10% of investment: Nil. For remaining investment: 0.5%. ' If redeemed/switched out after 3 months from the date of allotment: Nil	Nil

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Axis MF announces change in Fund Manager of the following schemes

Axis Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 01 February, 2025

Change in Fund Manager of the Scheme:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager
Axis Gold ETF	Mr. Aditya Pagaria	Mr. Aditya Pagaria, Mr. Pratik Tibrewal
Axis Silver ETF	Mr. Aditya Pagaria	Mr. Aditya Pagaria, Mr. Pratik Tibrewal
Axis Multi Asset Allocation Fund	Mr. Ashish Naik, Mr. Devang Shah, Mr. Hardik Shah, Mr. Aditya Pagaria, Ms. Krishnaa N (For Foreign Securities)	Mr. Ashish Naik, Mr. Devang Shah, Mr. Hardik Shah, Mr. Aditya Pagaria, Mr. Pratik Tibrewal, Ms. Krishnaa N (For Foreign Securities)
Axis Gold Fund	Mr. Aditya Pagaria	Mr. Aditya Pagaria, Mr. Pratik Tibrewal
Axis Silver Fund of Fund	Mr. Aditya Pagaria	Mr. Aditya Pagaria, Mr. Pratik Tibrewal

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Axis MF Announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Axis Mutual Fund has announced 17 January 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the IDCW option of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Axis Midcap Fund ' Regular Plan ' IDCW Option: 3.59
Axis Midcap Fund ' Direct Plan ' IDCW Option: 4.72
Axis Small Cap Fund ' Regular Plan ' IDCW Option: 4.03
Axis Small Cap Fund ' Direct Plan ' IDCW Option: 4.69
Axis Bluechip Fund ' Regular Plan ' IDCW Option: 0.96
Axis Bluechip Fund ' Direct Plan ' IDCW Option: 1.36
Axis ELSS Tax Saver Fund ' Regular Plan ' IDCW Option: 2.15
Axis ELSS Tax Saver Fund ' Direct Plan ' IDCW Option: 4.57
Axis Focused Fund ' Regular Plan ' IDCW Option: 1.64
Axis Focused Fund ' Direct Plan ' IDCW Option: 2.91
Axis Growth Opportunities Fund ' Regular Plan ' IDCW Option: 1.50
Axis Growth Opportunities Fund ' Direct Plan ' IDCW Option: 1.90
Axis Value Fund ' Regular Plan ' IDCW Option: 1.47
Axis Value Fund ' Direct Plan ' IDCW Option: 1.54
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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹12993.63

AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is an Banking and PSU Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 1 January 2013, this fund is managed by Aditya Pagaria. With assets under management (AUM) worth ₹12,993.63 (Cr), as of 20 February 2025, AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 8.01% since its launch.
The current NAV of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is ₹1,039.13, as on 20 February 2025. The fund's benchmark index is Nifty Banking & PSU Debt Index A-II. You can invest in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.39% and 6.27% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.08% in Debt and 1.99% in cash and cash equivalents.

FAQs

How to Invest in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth?

AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 8.01% since inception. Looking to invest in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, AXIS Banking & PSU Debt Fund - Direct (IDCW-D)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Banking & PSU Debt Fund - Direct (IDCW-D) today and reap the benefits of this Banking and PSU Fund fund!

How much returns has AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth generated?

In the short term, i.e., 1 year, AXIS Banking & PSU Debt Fund - Direct (IDCW-D) has generated annualised return of 7.78%. In the long-term, the fund has generated 6.39% and 6.27% in 3 and 5 years respectively. Since its inception, the fund has generated 8.01% returns.

What is the expense ratio of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth?

The expense ratio of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth is 0.35%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Fund Direct Growth?

The Assets Under Management (AUM) of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is ₹12,993.63 (Cr) as of 2025-02-20 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from AXIS Banking & PSU Debt Fund - Direct (IDCW-D) Direct Growth?

Redeeming or selling units of AXIS Banking & PSU Debt Fund - Direct (IDCW-D) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS Banking & PSU Debt Fund - Direct (IDCW-D):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case AXIS Banking & PSU Debt Fund - Direct (IDCW-D)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).