Axis Banking & PSU Debt Fund

Q: What are the returns of this mutual fund scheme?

The Axis Banking & PSU Debt Fund is a 13 yrs 4 m old fund and has delivered average annual returns of 7.67% since inception. Axis Banking & PSU Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.99% 7.39% 5.79% 7.22% 7.67%

Q: How much does this mutual fund charge as expense ratio?

The Axis Banking & PSU Debt Fund has an expense ratio of 0.63% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2691.3135+0.05% 1 day change	7.67% p.a.	App exclusive #NA View Ranked Funds	₹13,056 Cr

Historical NAV & returns

NAV: ₹2691.3135 as on Oct 20, 2025

This fund Category average

Axis Banking & PSU Debt Fund overview

AUM (Fund size)	₹13,056 Cr
Exit load	0%
Lock-in Period	Nil
Age	13 yrs 4 m since May 30, 2012
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹1
Expense ratio	0.63% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Banking & PSU Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.72%	0.76%
3 Months	1.26%	1.22%
6 Months	3.09%	2.95%
1 Year	7.99%	7.81%
2 Years	7.84%	7.96%
3 Years	7.39%	7.51%
4 Years	6.28%	6.26%
5 Years	5.79%	5.8%
7 Years	7.27%	7.16%
10 Years	7.22%	7.09%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 78.20473912%

SOV 11.39563372%

Cash & Call Money 5.79994809%

A1+ 4.29177969%

Top Debt Holdings

GOI 10.04%

Export-Import Bank Of India 5.61%

Indian Railway Finance Corporation Ltd. 4.43%

Others 3.23%

Allocation by Instruments

Debenture 37.71986963999999%

Bonds 25.739365990000003%

GOI Securities 10.04120941%

Non Convertible Debenture 6.50347517%

Other Holdings

Others 0.31%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Banking & PSU Debt Fund	0.72%	3.09%	7.99%	7.39%	5.79%	7.22%
ICICI Prudential Banking & PSU Debt Fund	0.77%	3.03%	7.98%	7.64%	6.29%	7.4%
Bandhan Banking and PSU Fund	0.58%	2.89%	7.59%	7.3%	5.75%	7.17%
Sundaram Banking & PSU Fund	0.76%	3.07%	8.04%	7.69%	5.65%	6.66%
Aditya Birla Sun Life Banking & PSU Debt Fund	0.86%	2.92%	7.88%	7.59%	5.96%	7.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Banking & PSU Debt Fund	0.99	2.42	0.72	1.26
ICICI Prudential Banking & PSU Debt Fund	0.87	1.84	1.11	1.68
Bandhan Banking and PSU Fund	0.92	2.39	0.72	1.22
Sundaram Banking & PSU Fund	1.08	2.64	0.92	1.69
Aditya Birla Sun Life Banking & PSU Debt Fund	1.13	2.58	0.78	1.17

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Banking & PSU Debt Fund	N.A.	13,056 Cr	13 yrs 4 m	0.63%
ICICI Prudential Banking & PSU Debt Fund	N.A.	9,744 Cr	15 yrs 9 m	0.73%
Bandhan Banking and PSU Fund	N.A.	13,082 Cr	12 yrs 8 m	0.66%
Sundaram Banking & PSU Fund	N.A.	400 Cr	20 yrs 10 m	0.41%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	9,057 Cr	17 yrs 6 m	0.73%

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.06 vs. 3.98 Higher outperformance against benchmark
Sharpe	0.72 vs. 4.44 Poor risk-adjusted returns
Beta	2.42 vs. 1.83 More sensitive to market's ups & downs
Standard deviation	0.99 vs. 1.06 More stable returns

Compare Axis Banking & PSU Debt Fund in detail with

About this fund

About Axis Banking & PSU Debt Fund

Axis Banking & PSU Debt Fund is a Banking and PSU mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 13 yrs 4 m, having been launched on 30/05/2012. Axis Banking & PSU Debt Fund has ₹13,056 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Banking & PSU Debt Fund as of 20/10/2025 is ₹2691.31. The fund has an expense ratio of 0.63%, which is higher than what most other Banking And Psu funds charge.

Axis Banking & PSU Debt Fund returns of last 1-year are 8.04%. Since launch, it has delivered 7.68% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Axis Banking & PSU Debt Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Export-Import Bank Of India, Indian Railway Finance Corporation Ltd., Small Industries Devp. Bank of India Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	13,056 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Aditya Pagaria

Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Investment objective

The scheme seeks to generate stable returns by investing predominantly in debt and money market instruments issued by banks, Public Sector Units & Public Financial Institutions.

Axis Mutual Fund details

No. of schemes	70 view all schemes
Total AUM	3,54,362 Cr as on Sep 30, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Axis Strategic Bond Fund	N.A.	1,908 Cr	8.61%	8.19%
Axis Credit Risk Fund	N.A.	367 Cr	8.79%	7.96%
Axis Dynamic Bond Fund	N.A.	1,209 Cr	7.45%	7.87%
Axis Short Duration Fund	N.A.	12,201 Cr	8.55%	7.78%
Axis Gilt Fund	N.A.	679 Cr	6.31%	7.74%
Axis Treasury Advantage Fund	N.A.	7,517 Cr	7.68%	7.45%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Banking & PSU Debt Fund?

The current Net Asset Value (NAV) of the Axis Banking & PSU Debt Fund plan is approximately ₹2691.3135 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Axis Banking & PSU Debt Fund is a 13 yrs 4 m old fund and has delivered average annual returns of 7.67% since inception.

Axis Banking & PSU Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.99%	7.39%	5.79%	7.22%	7.67%

How much does this mutual fund charge as expense ratio?

The Axis Banking & PSU Debt Fund has an expense ratio of 0.63%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Axis Banking & PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately 13,056 Cr as on Sep 30, 2025.

To whom does Axis Banking & PSU Debt Fund lend to?

The top 3 debt holdings of Axis Banking & PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	10.04%
Export-Import Bank Of India	5.61%
Indian Railway Finance Corporation Ltd.	4.43%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Banking & PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	78.20473912%
SOV	11.39563372%
Cash & Call Money	5.79994809%

What is risk level of Axis Banking & PSU Debt Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Axis Banking & PSU Debt Fund?

Redeeming your investments in the Axis Banking & PSU Debt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Banking and PSU

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.