Fund House
Axis Mutual Fund
Category
Debt Scheme - Banking and PSU Fund
Plan
Direct
Option
IDCW
Scheme Code
#120436
Investment Calculator
SIP (Monthly)
Lumpsum (One-Time)
Invested Amount
—
Est. Returns
—
Total Value
—
Invested
Returns
Calculator uses compound interest. Default return is based on this fund's 1-year performance. Actual returns may vary. Past performance ≠ future results.
NAV History
Recent NAV Data
| Date | NAV (₹) | Change |
|---|---|---|
| 13-04-2026 | 1,038.2027 | -2.3504 (-0.23%) |
| 10-04-2026 | 1,040.5531 | +0.6864 (+0.07%) |
| 09-04-2026 | 1,039.8667 | +1.3058 (+0.13%) |
| 08-04-2026 | 1,038.5609 | +3.5115 (+0.34%) |
| 07-04-2026 | 1,035.0494 | +0.7946 (+0.08%) |
| 06-04-2026 | 1,034.2548 | +0.4282 (+0.04%) |
| 02-04-2026 | 1,033.8266 | -1.3389 (-0.13%) |
| 31-03-2026 | 1,035.1655 | +0.1919 (+0.02%) |
| 30-03-2026 | 1,034.9736 | +0.9347 (+0.09%) |
| 27-03-2026 | 1,034.0389 | -0.3587 (-0.03%) |
| 25-03-2026 | 1,034.3976 | +0.0842 (+0.01%) |
| 24-03-2026 | 1,034.3134 | -0.3998 (-0.04%) |
| 23-03-2026 | 1,034.7132 | -2.2678 (-0.22%) |
| 20-03-2026 | 1,036.9810 | -0.3990 (-0.04%) |
| 18-03-2026 | 1,037.3800 | +0.6823 (+0.07%) |
| 17-03-2026 | 1,036.6977 | +0.2177 (+0.02%) |
| 16-03-2026 | 1,036.4800 | -0.1879 (-0.02%) |
| 13-03-2026 | 1,036.6679 | -0.4177 (-0.04%) |
| 12-03-2026 | 1,037.0856 | -1.2164 (-0.12%) |
| 11-03-2026 | 1,038.3020 | +0.6491 (+0.06%) |
| 10-03-2026 | 1,037.6529 | +0.7193 (+0.07%) |
| 09-03-2026 | 1,036.9336 | -1.1553 (-0.11%) |
| 06-03-2026 | 1,038.0889 | +0.1071 (+0.01%) |
| 05-03-2026 | 1,037.9818 | +0.7024 (+0.07%) |
| 04-03-2026 | 1,037.2794 | -0.9233 (-0.09%) |
| 02-03-2026 | 1,038.2027 | -1.3918 (-0.13%) |
| 28-02-2026 | 1,039.5945 | +0.2154 (+0.02%) |
| 27-02-2026 | 1,039.3791 | +0.1243 (+0.01%) |
| 26-02-2026 | 1,039.2548 | +0.2763 (+0.03%) |
| 25-02-2026 | 1,038.9785 | +0.5223 (+0.05%) |
| 24-02-2026 | 1,038.4562 | +0.2535 (+0.02%) |
| 23-02-2026 | 1,038.2027 | -0.0348 (0.00%) |
| 20-02-2026 | 1,038.2375 | -0.0905 (-0.01%) |
| 18-02-2026 | 1,038.3280 | +0.0535 (+0.01%) |
| 17-02-2026 | 1,038.2745 | +0.0718 (+0.01%) |
| 16-02-2026 | 1,038.2027 | -2.7008 (-0.26%) |
| 13-02-2026 | 1,040.9035 | +1.0884 (+0.10%) |
| 12-02-2026 | 1,039.8151 | +0.9766 (+0.09%) |
| 11-02-2026 | 1,038.8385 | +0.5572 (+0.05%) |
| 10-02-2026 | 1,038.2813 | +0.0786 (+0.01%) |
| 09-02-2026 | 1,038.2027 | -1.8835 (-0.18%) |
| 06-02-2026 | 1,040.0862 | -1.0713 (-0.10%) |
| 05-02-2026 | 1,041.1575 | +1.0207 (+0.10%) |
| 04-02-2026 | 1,040.1368 | +1.3049 (+0.13%) |
| 03-02-2026 | 1,038.8319 | +1.2770 (+0.12%) |
| 02-02-2026 | 1,037.5549 | -0.0628 (-0.01%) |
| 31-01-2026 | 1,037.6177 | +0.1862 (+0.02%) |
| 30-01-2026 | 1,037.4315 | +0.8243 (+0.08%) |
| 29-01-2026 | 1,036.6072 | +0.1024 (+0.01%) |
| 28-01-2026 | 1,036.5048 | -0.5441 (-0.05%) |
| 27-01-2026 | 1,037.0489 | +0.5647 (+0.05%) |
| 23-01-2026 | 1,036.4842 | +0.1867 (+0.02%) |
| 22-01-2026 | 1,036.2975 | +0.9849 (+0.10%) |
| 21-01-2026 | 1,035.3126 | -0.1029 (-0.01%) |
| 20-01-2026 | 1,035.4155 | -0.3081 (-0.03%) |
| 19-01-2026 | 1,035.7236 | -0.2579 (-0.02%) |
| 16-01-2026 | 1,035.9815 | -1.1410 (-0.11%) |
| 14-01-2026 | 1,037.1225 | -0.3971 (-0.04%) |
| 13-01-2026 | 1,037.5196 | -0.6831 (-0.07%) |
| 12-01-2026 | 1,038.2027 | -0.0854 (-0.01%) |
About This Fund
Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW is a mutual fund scheme offered by Axis Mutual Fund. It is classified under the Debt Scheme - Banking and PSU Fund category by SEBI. The latest NAV is ₹1038.20270 as on 13-04-2026. Debt mutual funds invest in fixed-income securities like government bonds, corporate bonds, treasury bills, and money market instruments. They provide relatively stable returns with lower volatility than equity funds. Various sub-categories cater to different duration and credit risk preferences. Past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before investing.
Expert AI Review
Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW is a debt scheme focused on investments in banking and public sector undertakings. With a NAV of ₹1038.5609, it aims to provide stable returns through a diversified fixed-income portfolio.
Strengths
Invests primarily in high-quality banking and PSU securities
Potential for stable income generation with lower volatility
Weekly IDCW option offers regular income for investors
Managed by a reputed fund house with a strong track record
Risks / Limitations
Interest rate risk could impact returns
Lower returns compared to equity funds in bullish markets
Limited growth potential compared to other debt categories
Who Should Invest?
This fund is ideal for conservative investors seeking steady income with lower risk. It suits those with a medium-term investment horizon who prefer exposure to the banking and PSU sectors. Investors looking for a regular income stream can benefit from the weekly IDCW option.
Outlook
Investors should keep an eye on changes in interest rates and the economic outlook, as these factors can significantly affect the performance of debt funds.
Ideal SIP
₹2,000-₹10,000
Investment Horizon
5+ years
Frequently Asked Questions
What is the latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW?
The latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW is ₹1038.20270 as on 13-04-2026. NAV (Net Asset Value) represents the per-unit market value of the fund and is updated on every business day by AMFI.
What category does Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW belong to?
Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW is classified under "Debt Scheme - Banking and PSU Fund" by SEBI. Debt mutual funds invest in fixed-income securities like government bonds, corporate bonds, treasury bills, and money market instruments. They provide relatively stable returns with lower volatility than equity funds. Various sub-categories cater to different duration and credit risk preferences.
What is the difference between Direct and Regular plan of Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW?
The Direct plan of Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW has a lower expense ratio as it does not involve any distributor/agent commission. This means more of your money is invested, leading to better long-term returns compared to the Regular plan. You can invest in Direct plans through the AMC website or platforms like MFCentral, Kfintech, or CAMS.
How can I invest in Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW?
You can invest in Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW through: (1) The Axis Mutual Fund official website or app, (2) SEBI-registered online platforms like Groww, Zerodha Coin, ET Money, Kuvera, (3) MFCentral or your bank's investment portal, or (4) Through a SEBI-registered mutual fund distributor. You can start a SIP (Systematic Investment Plan) with as low as ₹500/month or make a lumpsum investment.
Can I start a SIP in Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW?
Yes, you can start a Systematic Investment Plan (SIP) in Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW. SIP allows you to invest a fixed amount (typically starting from ₹500) at regular intervals (monthly/quarterly). SIP helps in rupee cost averaging and disciplined investing. Use our SIP calculator on this page to estimate your potential returns.
What is the scheme code and ISIN of Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW?
The AMFI scheme code for Axis Banking & PSU Debt Fund - Direct Plan - Weekly IDCW is 120436. The ISIN (International Securities Identification Number) is INF846K01CV8. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.
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