Fund House
Axis Mutual Fund
Category
Debt Scheme - Banking and PSU Fund
Plan
Direct
Option
IDCW
Scheme Code
#120439
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 | 1,036.0751 | -0.0515 (0.00%) |
| 10-04-2026 | 1,036.1266 | +0.6834 (+0.07%) |
| 09-04-2026 | 1,035.4432 | +1.3003 (+0.13%) |
| 08-04-2026 | 1,034.1429 | +3.4966 (+0.34%) |
| 07-04-2026 | 1,030.6463 | +0.7912 (+0.08%) |
| 06-04-2026 | 1,029.8551 | +0.4264 (+0.04%) |
| 02-04-2026 | 1,029.4287 | -1.3331 (-0.13%) |
| 31-03-2026 | 1,030.7618 | +0.1910 (+0.02%) |
| 30-03-2026 | 1,030.5708 | +0.9308 (+0.09%) |
| 27-03-2026 | 1,029.6400 | -0.3572 (-0.03%) |
| 25-03-2026 | 1,029.9972 | +0.0838 (+0.01%) |
| 24-03-2026 | 1,029.9134 | -0.3981 (-0.04%) |
| 23-03-2026 | 1,030.3115 | -2.2582 (-0.22%) |
| 20-03-2026 | 1,032.5697 | -0.3973 (-0.04%) |
| 18-03-2026 | 1,032.9670 | +0.6794 (+0.07%) |
| 17-03-2026 | 1,032.2876 | +0.2167 (+0.02%) |
| 16-03-2026 | 1,032.0709 | -0.1870 (-0.02%) |
| 13-03-2026 | 1,032.2579 | -0.4159 (-0.04%) |
| 12-03-2026 | 1,032.6738 | -1.2113 (-0.12%) |
| 11-03-2026 | 1,033.8851 | +0.6463 (+0.06%) |
| 10-03-2026 | 1,033.2388 | +0.7162 (+0.07%) |
| 09-03-2026 | 1,032.5226 | -1.1503 (-0.11%) |
| 06-03-2026 | 1,033.6729 | +0.1067 (+0.01%) |
| 05-03-2026 | 1,033.5662 | +0.6994 (+0.07%) |
| 04-03-2026 | 1,032.8668 | -0.9198 (-0.09%) |
| 02-03-2026 | 1,033.7866 | +0.3556 (+0.03%) |
| 28-02-2026 | 1,033.4310 | +0.2142 (+0.02%) |
| 27-02-2026 | 1,033.2168 | +0.1235 (+0.01%) |
| 26-02-2026 | 1,033.0933 | +0.2745 (+0.03%) |
| 25-02-2026 | 1,032.8188 | -7.2510 (-0.70%) |
| 24-02-2026 | 1,040.0698 | +0.2538 (+0.02%) |
| 23-02-2026 | 1,039.8160 | +0.4820 (+0.05%) |
| 20-02-2026 | 1,039.3340 | -0.0906 (-0.01%) |
| 18-02-2026 | 1,039.4246 | +0.0535 (+0.01%) |
| 17-02-2026 | 1,039.3711 | +0.0716 (+0.01%) |
| 16-02-2026 | 1,039.2995 | +0.6445 (+0.06%) |
| 13-02-2026 | 1,038.6550 | +1.0861 (+0.10%) |
| 12-02-2026 | 1,037.5689 | +0.9744 (+0.09%) |
| 11-02-2026 | 1,036.5945 | +0.5561 (+0.05%) |
| 10-02-2026 | 1,036.0384 | +0.0780 (+0.01%) |
| 09-02-2026 | 1,035.9604 | +0.1166 (+0.01%) |
| 06-02-2026 | 1,035.8438 | -1.0669 (-0.10%) |
| 05-02-2026 | 1,036.9107 | +1.0165 (+0.10%) |
| 04-02-2026 | 1,035.8942 | +1.2996 (+0.13%) |
| 03-02-2026 | 1,034.5946 | +1.2717 (+0.12%) |
| 02-02-2026 | 1,033.3229 | -0.0625 (-0.01%) |
| 31-01-2026 | 1,033.3854 | +0.1854 (+0.02%) |
| 30-01-2026 | 1,033.2000 | +0.8210 (+0.08%) |
| 29-01-2026 | 1,032.3790 | +0.1020 (+0.01%) |
| 28-01-2026 | 1,032.2770 | -0.5418 (-0.05%) |
| 27-01-2026 | 1,032.8188 | +0.5038 (+0.05%) |
| 23-01-2026 | 1,032.3150 | +0.1859 (+0.02%) |
| 22-01-2026 | 1,032.1291 | +0.9809 (+0.10%) |
| 21-01-2026 | 1,031.1482 | -0.1025 (-0.01%) |
| 20-01-2026 | 1,031.2507 | -0.3068 (-0.03%) |
| 19-01-2026 | 1,031.5575 | -0.2569 (-0.02%) |
| 16-01-2026 | 1,031.8144 | -1.1364 (-0.11%) |
| 14-01-2026 | 1,032.9508 | -0.3955 (-0.04%) |
| 13-01-2026 | 1,033.3463 | -0.5961 (-0.06%) |
| 12-01-2026 | 1,033.9424 | +0.4190 (+0.04%) |
About This Fund
Axis Banking & PSU Debt Fund - Direct Plan - Monthly 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 ₹1036.07510 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 - Monthly IDCW is a debt scheme focused on investing in banking and PSU debt instruments. With a current NAV of ₹1034.1429, the fund aims to provide regular income through monthly dividends while maintaining capital stability.
Strengths
Focus on stable and secure banking and PSU debt instruments
Potential for regular income through monthly IDCW
Managed by a reputable fund house with strong expertise
Low correlation with equity markets, providing diversification
Risks / Limitations
Interest rate risk associated with fixed income securities
Lower returns compared to equity funds over the long term
Credit risk if underlying debt instruments default
Who Should Invest?
This fund is ideal for conservative investors seeking regular income with a lower risk profile. It suits individuals with a medium to long-term investment horizon who prefer stability over high returns. Investors looking to diversify their portfolio with fixed income securities can consider this fund as a viable option.
Outlook
Investors should keep an eye on interest rate movements and economic indicators that could impact the performance of debt securities. Additionally, monitoring the credit quality of banking and PSU debt will be crucial.
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 - Monthly IDCW?
The latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is ₹1036.07510 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 - Monthly IDCW belong to?
Axis Banking & PSU Debt Fund - Direct Plan - Monthly 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 - Monthly IDCW?
The Direct plan of Axis Banking & PSU Debt Fund - Direct Plan - Monthly 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 - Monthly IDCW?
You can invest in Axis Banking & PSU Debt Fund - Direct Plan - Monthly 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 - Monthly IDCW?
Yes, you can start a Systematic Investment Plan (SIP) in Axis Banking & PSU Debt Fund - Direct Plan - Monthly 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 - Monthly IDCW?
The AMFI scheme code for Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is 120439. The ISIN (International Securities Identification Number) is INF846K01CT2. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.
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