Fund House
Axis Mutual Fund
Category
Debt Scheme - Banking and PSU Fund
Plan
Direct
Option
Bonus
Scheme Code
#128952
Investment Calculator
SIP (Monthly)
Lumpsum (One-Time)
Invested Amount
—
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
| Date | NAV (₹) | Change |
|---|---|---|
| 14-06-2017 | 1,532.8272 | +0.1052 (+0.01%) |
| 13-06-2017 | 1,532.7220 | +0.6006 (+0.04%) |
| 12-06-2017 | 1,532.1214 | +0.6844 (+0.04%) |
| 09-06-2017 | 1,531.4370 | +0.7719 (+0.05%) |
| 08-06-2017 | 1,530.6651 | +1.6666 (+0.11%) |
| 07-06-2017 | 1,528.9985 | +1.1767 (+0.08%) |
| 06-06-2017 | 1,527.8218 | +0.2373 (+0.02%) |
| 05-06-2017 | 1,527.5845 | +0.9378 (+0.06%) |
| 02-06-2017 | 1,526.6467 | +0.6275 (+0.04%) |
| 01-06-2017 | 1,526.0192 | +0.5653 (+0.04%) |
| 31-05-2017 | 1,525.4539 | +0.3517 (+0.02%) |
| 30-05-2017 | 1,525.1022 | +0.3964 (+0.03%) |
| 29-05-2017 | 1,524.7058 | +0.6075 (+0.04%) |
| 26-05-2017 | 1,524.0983 | +0.6344 (+0.04%) |
| 25-05-2017 | 1,523.4639 | +0.4585 (+0.03%) |
| 24-05-2017 | 1,523.0054 | +0.3080 (+0.02%) |
| 23-05-2017 | 1,522.6974 | +0.3080 (+0.02%) |
| 22-05-2017 | 1,522.3894 | +0.8948 (+0.06%) |
| 19-05-2017 | 1,521.4946 | +0.2458 (+0.02%) |
| 18-05-2017 | 1,521.2488 | +0.3440 (+0.02%) |
| 17-05-2017 | 1,520.9048 | +0.2266 (+0.01%) |
| 16-05-2017 | 1,520.6782 | +0.2473 (+0.02%) |
| 15-05-2017 | 1,520.4309 | +1.3080 (+0.09%) |
| 12-05-2017 | 1,519.1229 | +0.2542 (+0.02%) |
| 11-05-2017 | 1,518.8687 | +0.5369 (+0.04%) |
| 09-05-2017 | 1,518.3318 | +0.2596 (+0.02%) |
| 08-05-2017 | 1,518.0722 | +0.6121 (+0.04%) |
| 05-05-2017 | 1,517.4601 | +0.2450 (+0.02%) |
| 04-05-2017 | 1,517.2151 | +0.1997 (+0.01%) |
| 03-05-2017 | 1,517.0154 | +0.2619 (+0.02%) |
| 02-05-2017 | 1,516.7535 | +0.8848 (+0.06%) |
| 28-04-2017 | 1,515.8687 | +0.1844 (+0.01%) |
| 27-04-2017 | 1,515.6843 | +0.3356 (+0.02%) |
| 26-04-2017 | 1,515.3487 | -0.3948 (-0.03%) |
| 25-04-2017 | 1,515.7435 | +0.3241 (+0.02%) |
| 24-04-2017 | 1,515.4194 | +0.7604 (+0.05%) |
| 21-04-2017 | 1,514.6590 | -0.2120 (-0.01%) |
| 20-04-2017 | 1,514.8710 | +0.2904 (+0.02%) |
| 19-04-2017 | 1,514.5806 | +0.5530 (+0.04%) |
| 18-04-2017 | 1,514.0276 | +0.0153 (+0.00%) |
| 17-04-2017 | 1,514.0123 | +1.1951 (+0.08%) |
| 13-04-2017 | 1,512.8172 | +0.9800 (+0.06%) |
| 12-04-2017 | 1,511.8372 | +0.5261 (+0.03%) |
| 11-04-2017 | 1,511.3111 | +0.6675 (+0.04%) |
| 10-04-2017 | 1,510.6436 | +0.9424 (+0.06%) |
| 07-04-2017 | 1,509.7012 | -0.1652 (-0.01%) |
| 06-04-2017 | 1,509.8664 | -0.9316 (-0.06%) |
| 05-04-2017 | 1,510.7980 | +0.5300 (+0.04%) |
| 03-04-2017 | 1,510.2680 | +1.5606 (+0.10%) |
| 31-03-2017 | 1,508.7074 | +1.1022 (+0.07%) |
| 30-03-2017 | 1,507.6052 | +0.7020 (+0.05%) |
| 29-03-2017 | 1,506.9032 | +0.4424 (+0.03%) |
| 27-03-2017 | 1,506.4608 | +1.0699 (+0.07%) |
| 24-03-2017 | 1,505.3909 | +0.4616 (+0.03%) |
| 23-03-2017 | 1,504.9293 | +0.5568 (+0.04%) |
| 22-03-2017 | 1,504.3725 | +1.4286 (+0.10%) |
| 21-03-2017 | 1,502.9439 | +0.2972 (+0.02%) |
| 20-03-2017 | 1,502.6467 | +0.6068 (+0.04%) |
| 17-03-2017 | 1,502.0399 | +0.1474 (+0.01%) |
| 16-03-2017 | 1,501.8925 | +0.6652 (+0.04%) |
About This Fund
Axis Banking & PSU Debt Fund - Direct Plan - Bonus 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. The latest NAV is ₹1532.82720 as on 14-06-2017. 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 - Bonus Option is a focused debt scheme that primarily invests in banking and public sector undertakings. With a solid NAV of ₹1532.8272, it aims to provide stable returns while managing risk effectively.
Strengths
Diversification across banking and PSU sectors
Relatively stable returns in a volatile market
Expert management by Axis Mutual Fund
Tax efficiency for investors in the long term
Risks / Limitations
Interest rate risk due to fixed income nature
Lower growth potential compared to equity funds
Market sensitivity can affect short-term returns
Who Should Invest?
This fund is ideal for conservative investors looking for stable income with moderate risk. It suits those who have a medium to long-term investment horizon and prefer to invest in debt instruments with a focus on banking and PSU sectors. Investors aiming for capital preservation while generating reasonable returns may find this fund appealing.
Outlook
Investors should keep an eye on interest rate movements and government policies affecting the banking sector, as these can significantly impact the fund's performance.
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 - Bonus Option?
The latest NAV of Axis Banking & PSU Debt Fund - Direct Plan - Bonus Option is ₹1532.82720 as on 14-06-2017. 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 - Bonus Option belong to?
Axis Banking & PSU Debt Fund - Direct Plan - Bonus 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 - Bonus Option?
The Direct plan of Axis Banking & PSU Debt Fund - Direct Plan - Bonus 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 - Bonus Option?
You can invest in Axis Banking & PSU Debt Fund - Direct Plan - Bonus 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 - Bonus Option?
Yes, you can start a Systematic Investment Plan (SIP) in Axis Banking & PSU Debt Fund - Direct Plan - Bonus 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 - Bonus Option?
The AMFI scheme code for Axis Banking & PSU Debt Fund - Direct Plan - Bonus Option is 128952. The ISIN (International Securities Identification Number) is INF846K01NF8. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.
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