Axis Banking & PSU Debt Fund Growth

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Debt
Banking & PSU
Rating 4
Plan

2214.86 +0.55 (0.02%) NAV as on 06 Feb, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)13896.38
CAGR 4.22%
Exit Load0.00%
Expense ratio0.63%
CategoryDebt
Min Investment5000
Min SIP1000
Launch Date2012-06-08

Asset Allocation

Holdings As On - 07 February 2023

Name
Value (Cr)
Holding %

Power Finance Corporation Ltd.
1188.31
9.06%

Bajaj Finance Limited
929.46
7.09%

Export Import Bank Of India
889.95
6.79%

Small Industries Development Bank Of India
721.58
5.50%

Housing Development Finance Corporation Limited
697.87
5.32%

Small Industries Development Bank Of India
642.04
4.90%

National Bank For Agriculture And Rural Development
639.88
4.88%

National Bank For Agriculture And Rural Development
520.06
3.97%

Hindustan Petroleum Corporation Limited
415.76
3.17%

Clearing Corporation Of India Ltd
335.51
2.56%

Peer Comparison

Risk & Volitility

Alpha -0.30%
Beta 1.08
Sharpe Ratio0.82
Std Deviation 1.49%
Tracking Error 0.84%

About Fund

To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs). The scheme shall endeavor to generate optimum returns with low credit risk.

The Axis Banking & PSU Debt Fund Growth has an AUM of 13896.38 crores & has delivered CAGR of 6.94% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.63%. The minimum investment in Axis Banking & PSU Debt Fund Growth is Rs 5000 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include Power Finance Corporation Ltd., Bajaj Finance Limited, Export Import Bank Of India & Small Industries Development Bank Of India.

Some of the similar funds are IDFC Banking & PSU Debt Fund Regular Growth, Axis Banking & PSU Debt Fund Growth, Aditya Birla Sun Life Banking & PSU Debt Fund Growth Regular Plan, Aditya Birla Sun Life Banking & PSU Debt Fund Retail Growth, ICICI Prudential Banking and PSU Debt Fund Growth. Axis Banking & PSU Debt Fund Growth has a sharpe ratio of 0.82 & a standard deviation of 1.49%.