Open Ended Schemes Debt Scheme - Banking and PSU Fund Axis Mutual Fund Direct Plan

Axis Banking & PSU Debt Fund - Direct Plan - Daily IDCW

₹1,039.0795
NAV as on 13-04-2026
Fund House
Axis Mutual Fund
Category
Debt Scheme - Banking and PSU Fund
Plan
Direct
Option
IDCW
Scheme Code
#120437
Investment Calculator
SIP (Monthly)
Lumpsum (One-Time)
Invested Amount
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Est. Returns
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Total Value
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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
DateNAV (₹)Change
13-04-2026 1,039.0795 -0.0515 (0.00%)
10-04-2026 1,039.1310 +0.0000 (+0.00%)
09-04-2026 1,039.1310 +0.0000 (+0.00%)
08-04-2026 1,039.1310 +3.2552 (+0.31%)
07-04-2026 1,035.8758 +0.7951 (+0.08%)
06-04-2026 1,035.0807 +0.4287 (+0.04%)
02-04-2026 1,034.6520 -1.3399 (-0.13%)
31-03-2026 1,035.9919 +0.1920 (+0.02%)
30-03-2026 1,035.7999 +0.9355 (+0.09%)
27-03-2026 1,034.8644 -0.3590 (-0.03%)
25-03-2026 1,035.2234 +0.0843 (+0.01%)
24-03-2026 1,035.1391 -0.4000 (-0.04%)
23-03-2026 1,035.5391 -2.2697 (-0.22%)
20-03-2026 1,037.8088 -0.3993 (-0.04%)
18-03-2026 1,038.2081 +0.6829 (+0.07%)
17-03-2026 1,037.5252 +0.2177 (+0.02%)
16-03-2026 1,037.3075 -0.1879 (-0.02%)
13-03-2026 1,037.4954 -0.4181 (-0.04%)
12-03-2026 1,037.9135 -1.2175 (-0.12%)
11-03-2026 1,039.1310 +0.5508 (+0.05%)
10-03-2026 1,038.5802 +0.7199 (+0.07%)
09-03-2026 1,037.8603 -1.1563 (-0.11%)
06-03-2026 1,039.0166 +0.1073 (+0.01%)
05-03-2026 1,038.9093 +0.7030 (+0.07%)
04-03-2026 1,038.2063 -0.9247 (-0.09%)
02-03-2026 1,039.1310 -0.2153 (-0.02%)
28-02-2026 1,039.3463 +0.2153 (+0.02%)
27-02-2026 1,039.1310 +0.0000 (+0.00%)
26-02-2026 1,039.1310 +0.0000 (+0.00%)
25-02-2026 1,039.1310 +0.0000 (+0.00%)
24-02-2026 1,039.1310 +0.0000 (+0.00%)
23-02-2026 1,039.1310 +0.0907 (+0.01%)
20-02-2026 1,039.0403 -0.0907 (-0.01%)
18-02-2026 1,039.1310 +0.0000 (+0.00%)
17-02-2026 1,039.1310 +0.0000 (+0.00%)
16-02-2026 1,039.1310 +0.0000 (+0.00%)
13-02-2026 1,039.1310 +0.0000 (+0.00%)
12-02-2026 1,039.1310 +0.3169 (+0.03%)
11-02-2026 1,038.8141 +0.5572 (+0.05%)
10-02-2026 1,038.2569 +0.0782 (+0.01%)
09-02-2026 1,038.1787 +0.1168 (+0.01%)
06-02-2026 1,038.0619 -1.0691 (-0.10%)
05-02-2026 1,039.1310 +0.0000 (+0.00%)
04-02-2026 1,039.1310 +0.0000 (+0.00%)
03-02-2026 1,039.1310 +0.6487 (+0.06%)
02-02-2026 1,038.4823 -0.0628 (-0.01%)
31-01-2026 1,038.5451 +0.1863 (+0.02%)
30-01-2026 1,038.3588 +0.8251 (+0.08%)
29-01-2026 1,037.5337 +0.1025 (+0.01%)
28-01-2026 1,037.4312 -0.5447 (-0.05%)
27-01-2026 1,037.9759 +0.5653 (+0.05%)
23-01-2026 1,037.4106 +0.1869 (+0.02%)
22-01-2026 1,037.2237 +0.9857 (+0.10%)
21-01-2026 1,036.2380 -0.1030 (-0.01%)
20-01-2026 1,036.3410 -0.3083 (-0.03%)
19-01-2026 1,036.6493 -0.2581 (-0.02%)
16-01-2026 1,036.9074 -1.1421 (-0.11%)
14-01-2026 1,038.0495 -0.3974 (-0.04%)
13-01-2026 1,038.4469 -0.6841 (-0.07%)
12-01-2026 1,039.1310 +0.3875 (+0.04%)
About This Fund

Axis Banking & PSU Debt Fund - Direct Plan - Daily 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 ₹1039.07950 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 - Daily IDCW is a debt fund focused on banking and public sector undertakings, offering investors a stable income stream. With a NAV of ₹1039.1310, it aims to provide moderate returns with relatively lower risk compared to equity markets.

Strengths
Stable income generation
Lower risk compared to equity funds
Focus on high-quality debt instruments
Daily IDCW option for regular income
Risks / Limitations
Lower potential returns compared to equity funds
Interest rate risk affecting bond prices
Limited growth potential in a low-interest environment
Who Should Invest?

This fund is ideal for conservative investors looking for a steady income while preserving capital. It is suitable for those with a medium-term investment horizon of 3-5 years who want to diversify their portfolio with lower-risk debt instruments. Investors seeking regular income through daily dividends may also find this fund appealing.

Outlook

Investors should monitor interest rate trends and economic indicators that could influence bond yields and the performance of debt funds. Changes in monetary policy and fiscal measures can impact the overall debt market.

Ideal SIP
₹2,000-₹10,000
Investment Horizon
3-5 years
Frequently Asked Questions
What is the latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Daily IDCW?
The latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Daily IDCW is ₹1039.07950 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 - Daily IDCW belong to?
Axis Banking & PSU Debt Fund - Direct Plan - Daily 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 - Daily IDCW?
The Direct plan of Axis Banking & PSU Debt Fund - Direct Plan - Daily 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 - Daily IDCW?
You can invest in Axis Banking & PSU Debt Fund - Direct Plan - Daily 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 - Daily IDCW?
Yes, you can start a Systematic Investment Plan (SIP) in Axis Banking & PSU Debt Fund - Direct Plan - Daily 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 - Daily IDCW?
The AMFI scheme code for Axis Banking & PSU Debt Fund - Direct Plan - Daily IDCW is 120437. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.
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