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

Axis Banking & PSU Debt Fund - Direct Plan - Growth Option

₹2,827.4721
NAV as on 13-04-2026
ISIN: INF846K01CR6
Fund House
Axis Mutual Fund
Category
Debt Scheme - Banking and PSU Fund
Plan
Direct
Option
Growth
Scheme Code
#120438
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 2,827.4721 -0.1404 (0.00%)
10-04-2026 2,827.6125 +1.8651 (+0.07%)
09-04-2026 2,825.7474 +3.5484 (+0.13%)
08-04-2026 2,822.1990 +9.5423 (+0.34%)
07-04-2026 2,812.6567 +2.1591 (+0.08%)
06-04-2026 2,810.4976 +1.1637 (+0.04%)
02-04-2026 2,809.3339 -3.6382 (-0.13%)
31-03-2026 2,812.9721 +0.5213 (+0.02%)
30-03-2026 2,812.4508 +2.5401 (+0.09%)
27-03-2026 2,809.9107 -0.9748 (-0.03%)
25-03-2026 2,810.8855 +0.2288 (+0.01%)
24-03-2026 2,810.6567 -1.0862 (-0.04%)
23-03-2026 2,811.7429 -6.1628 (-0.22%)
20-03-2026 2,817.9057 -1.0843 (-0.04%)
18-03-2026 2,818.9900 +1.8542 (+0.07%)
17-03-2026 2,817.1358 +0.5915 (+0.02%)
16-03-2026 2,816.5443 -0.5105 (-0.02%)
13-03-2026 2,817.0548 -1.1350 (-0.04%)
12-03-2026 2,818.1898 -3.3055 (-0.12%)
11-03-2026 2,821.4953 +1.7638 (+0.06%)
10-03-2026 2,819.7315 +1.9545 (+0.07%)
09-03-2026 2,817.7770 -3.1393 (-0.11%)
06-03-2026 2,820.9163 +0.2910 (+0.01%)
05-03-2026 2,820.6253 +1.9088 (+0.07%)
04-03-2026 2,818.7165 -2.5104 (-0.09%)
02-03-2026 2,821.2269 +0.9705 (+0.03%)
28-02-2026 2,820.2564 +0.5846 (+0.02%)
27-02-2026 2,819.6718 +0.3370 (+0.01%)
26-02-2026 2,819.3348 +0.7496 (+0.03%)
25-02-2026 2,818.5852 +1.4170 (+0.05%)
24-02-2026 2,817.1682 +0.6876 (+0.02%)
23-02-2026 2,816.4806 +1.3056 (+0.05%)
20-02-2026 2,815.1750 -0.2454 (-0.01%)
18-02-2026 2,815.4204 +0.1449 (+0.01%)
17-02-2026 2,815.2755 +0.1940 (+0.01%)
16-02-2026 2,815.0815 +1.7459 (+0.06%)
13-02-2026 2,813.3356 +2.9417 (+0.10%)
12-02-2026 2,810.3939 +2.6394 (+0.09%)
11-02-2026 2,807.7545 +1.5062 (+0.05%)
10-02-2026 2,806.2483 +0.2113 (+0.01%)
09-02-2026 2,806.0370 +0.3158 (+0.01%)
06-02-2026 2,805.7212 -2.8898 (-0.10%)
05-02-2026 2,808.6110 +2.7535 (+0.10%)
04-02-2026 2,805.8575 +3.5201 (+0.13%)
03-02-2026 2,802.3374 +3.4447 (+0.12%)
02-02-2026 2,798.8927 -0.1693 (-0.01%)
31-01-2026 2,799.0620 +0.5021 (+0.02%)
30-01-2026 2,798.5599 +2.2238 (+0.08%)
29-01-2026 2,796.3361 +0.2762 (+0.01%)
28-01-2026 2,796.0599 -1.4680 (-0.05%)
27-01-2026 2,797.5279 +1.5236 (+0.05%)
23-01-2026 2,796.0043 +0.5036 (+0.02%)
22-01-2026 2,795.5007 +2.6568 (+0.10%)
21-01-2026 2,792.8439 -0.2777 (-0.01%)
20-01-2026 2,793.1216 -0.8310 (-0.03%)
19-01-2026 2,793.9526 -0.6956 (-0.02%)
16-01-2026 2,794.6482 -3.0781 (-0.11%)
14-01-2026 2,797.7263 -1.0711 (-0.04%)
13-01-2026 2,798.7974 -1.6145 (-0.06%)
12-01-2026 2,800.4119 +1.1349 (+0.04%)
About This Fund

Axis Banking & PSU Debt Fund - Direct Plan - Growth Option is a mutual fund scheme offered by Axis Mutual Fund. It is classified under the Debt Scheme - Banking and PSU Fund category by SEBI. As a Direct Growth plan, it has a lower expense ratio than its Regular counterpart, with all gains reinvested for compounding. The latest NAV is ₹2827.47210 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 - Growth Option aims to provide investors with a steady income through investments in debt securities of banks and public sector undertakings. This fund's performance is generally stable, appealing to conservative investors seeking fixed income with lower volatility.

Strengths
Focus on high-quality debt securities
Stability in returns due to low credit risk
Suitable for conservative investors
Potential for regular income
Risks / Limitations
Lower returns compared to equity funds
Interest rate risk can impact NAV
Limited growth potential in a rising rate environment
Who Should Invest?

This fund is ideal for conservative investors who prioritize capital preservation and are looking for a steady income stream. It is suitable for those with a medium to long-term investment horizon, typically ranging from 3 to 5 years, who may want to diversify their portfolio with fixed-income instruments while minimizing risk.

Outlook

Investors should monitor interest rate trends and economic indicators as these factors can significantly impact the performance of debt funds. Changes in monetary policy and inflation rates will also play a crucial role in shaping returns.

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 - Growth Option?
The latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Growth Option is ₹2827.47210 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 - Growth Option belong to?
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option 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 - Growth Option?
The Direct plan of Axis Banking & PSU Debt Fund - Direct Plan - Growth Option 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 - Growth Option?
You can invest in Axis Banking & PSU Debt Fund - Direct Plan - Growth Option 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 - Growth Option?
Yes, you can start a Systematic Investment Plan (SIP) in Axis Banking & PSU Debt Fund - Direct Plan - Growth Option. 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 - Growth Option?
The AMFI scheme code for Axis Banking & PSU Debt Fund - Direct Plan - Growth Option is 120438. The ISIN (International Securities Identification Number) is INF846K01CR6. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.
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