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Banking & PSU Debtregulargrowth📊 NIFTY BANKING & PSU DEBT INDEX A-II

Axis Banking & PSU Debt Fund - Regular Plan - Growth option

Axis Mutual Fund

#6 of 21 (1Y)

Today's NAV — all variants

Regular · Growth

₹₹2738.5000

2.02 (+0.07%)

29 May 2026

AMFI: 117446

Direct · Growth

₹₹2831.1289

2.13 (+0.08%)

29 May 2026

AMFI: 120438

Regular · IDCW

₹₹1037.0480

0.76 (+0.07%)

29 May 2026

AMFI: 117447

Direct · IDCW

₹₹1036.8202

0.78 (+0.08%)

29 May 2026

AMFI: 120436

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.25%
1 Month-0.43%
3 Months+0.19%
6 Months+1.01%
1 Year+3.59%
3 Years (CAGR)+6.38%
5 Years (CAGR)+5.63%
10 Years (CAGR)+6.90%
Since Inception (Jun 2012)+7.46%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+3.07%
3 Year SIP+5.97%
5 Year SIP+6.04%
Since Inception (Jun 2012)+6.90%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹83,500

Invested

₹1,38,117

Value today

6.9%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹2,735

Value today

7.5%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹8,35,000

Withdrawn

₹13,53,940

Corpus left

+₹11,88,940 net gain — withdrew ₹8,35,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,47,739

Value today

1.5×

Multiple

Staying invested through that crash turned ₹1L into ₹1,47,739 — a 1.5× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 10 years

Expense ratio drag on your actual returns

Direct plan

₹85,968

Regular plan

₹84,597

Direct earns ₹1,371 more on a ₹60K investment0.23% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseAxis Mutual Fund
CategoryBanking & PSU Debt
Plan Typeregular
Optiongrowth
AUM₹13,007 Cr
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY BANKING & PSU DEBT INDEX A-II
Launch Date12 Jun 2012
AMFI Code117446

Risk Metrics

Trailing 1 year, annualised

-0.32

Sharpe Ratio

Alpha

Beta

-0.34

Sortino

1.05%

Std Dev

-0.56%

Max Drawdown

Portfolio Holdings

Top 50 holdings · as of Mar 2026

Equity18 holdings · 31.7%
Security% NAV

7.59% REC Limited (31/05/2027) **

INE020B08FA2

3.72%

7.42% Power Finance Corporation Limited (15/04/2028) **

INE134E08NL6

3.35%

7.34% Small Industries Dev Bank of India (26/02/2029) **

INE556F08KS8

2.37%

7.44% National Bank For Agriculture and Rural Development (24/02/2028)

INE261F08EK5

2.35%

6.47% Indian Railway Finance Corporation Limited (30/05/2028) **

INE053F08510

1.96%

6.96% Power Finance Corporation Limited (02/03/2028)

INE134E08OC3

1.94%

6.85% National Bank For Agriculture and Rural Development (19/01/2029)

INE261F08EQ2

1.76%

7.22% Small Industries Dev Bank of India (10/04/2029) **

INE556F08LC0

1.58%

6.80% National Housing Bank (02/04/2032) **

INE557F08GE4

1.54%

7.69% REC Limited (31/03/2033) **

INE020B08EG2

1.48%

7.62% Punjab State Development Loans (30/11/2032)

IN2820220159

1.47%

7.288% Kotak Mahindra Prime Limited (24/10/2028) **

INE916DA7TE6

1.38%

7.01% National Bank For Agriculture and Rural Development (16/03/2029)

INE261F08ES8

1.37%

7.32% NTPC Limited (17/07/2029) **

INE733E07KL3

1.19%

6.68% Government of India (07/07/2040)

IN0020250042

1.13%

7.29% National Housing Bank (04/07/2031) **

INE557F08GC8

1.06%

7.51% Small Industries Dev Bank of India (12/06/2028) **

INE556F08KU4

1.00%

7.59% National Housing Bank (14/07/2027) **

INE557F08FY4

1.00%
Debt18 holdings · 34.2%
Security% NAV

Punjab National Bank (05/02/2027) **

INE160A16UE2

3.74%

Punjab National Bank (05/02/2027)

INE160A16UE2

3.40%

Bank of Baroda (11/01/2027) **

INE028A16KZ7

2.66%

HDFC Bank Limited (24/02/2027)

INE040A16IO0

2.64%

Bank of Baroda (11/01/2027) **

INE028A16KZ7

2.63%

HDFC Bank Limited (24/02/2027) **

INE040A16IO0

2.61%

HDFC Bank Limited (15/02/2027)

INE040A16JC3

1.89%

Canara Bank (04/03/2027)

INE476A16H43

1.88%

HDFC Bank Limited (15/02/2027) **

INE040A16JC3

1.86%

Canara Bank (04/03/2027) **

INE476A16H43

1.86%

HDFC Bank Limited (21/12/2026) **

INE040A16II2

1.14%

Canara Bank (02/02/2027) **

INE476A16G44

1.14%

Kotak Mahindra Bank Limited (29/01/2027)

INE237AD6125

1.14%

HDFC Bank Limited (21/12/2026) **

INE040A16II2

1.13%

Small Industries Dev Bank of India (18/02/2027) **

INE556F16CB4

1.12%

ICICI Bank Limited (25/03/2027) **

INE090AD6337

1.12%

Kotak Mahindra Bank Limited (29/01/2027) **

INE237AD6125

1.12%

Canara Bank (02/02/2027) **

INE476A16G44

1.12%
Other14 holdings · 26.6%
Security% NAV

7.59% REC Limited (31/05/2027) **

INE020B08FA2

3.69%

7.42% Power Finance Corporation Limited (15/04/2028) **

INE134E08NL6

3.33%

7.44% National Bank For Agriculture and Rural Development (24/02/2028) **

INE261F08EK5

2.73%

7.34% Small Industries Dev Bank of India (26/02/2029) **

INE556F08KS8

2.37%

6.74% Small Industries Dev Bank of India (10/01/2029)

INE556F08LA4

2.14%

6.85% National Bank For Agriculture and Rural Development (19/01/2029) **

INE261F08EQ2

1.76%

6.80% National Housing Bank (02/04/2032) **

INE557F08GE4

1.53%

7.12% Power Grid Corporation of India Limited (24/12/2034) **

INE752E08775

1.50%

7.62% Punjab State Development Loans (30/11/2032)

IN2820220159

1.47%

7.69% REC Limited (31/03/2033) **

INE020B08EG2

1.47%

7.288% Kotak Mahindra Prime Limited (24/10/2028) **

INE916DA7TE6

1.37%

7.32% NTPC Limited (17/07/2029) **

INE733E07KL3

1.19%

7.29% National Housing Bank (04/07/2031) **

INE557F08GC8

1.06%

7.42% Small Industries Dev Bank of India (12/03/2029)

INE556F08KW0

1.03%

Performance Comparison

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Investment Objective

Axis Banking & PSU Debt Fund - Regular Plan - Growth option by Axis Mutual Fund is a Banking & PSU Debt fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Banking & PSU Debt category.

About This Fund

Axis Banking & PSU Debt Fund - Regular Plan - Growth option is a Banking & PSU Debt mutual fund offered by Axis Mutual Fund. The fund has been operational for over 13 years. It manages assets worth ₹13,007 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANKING & PSU DEBT INDEX A-II.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations