Axis Banking and PSU Debt Fund - Regular Plan - IDCW

NAVs of 8 Nov 2026

Axis Mutual Fund · Debt fund · Regular plan · IDCW

Banking & PSURegular · IDCWRisk: Moderate

NAV · 6 Nov 2026

₹1,041.1995 ▲ 0.00%

Axis Mutual Fund

Fund size₹12,130 crJuly - September 2026

1-month range₹1,032.78 – 1,041.20

1 year+0.21%

Expense ratio0.65%regular plan, a year

5 years+0.07%a year

What the fund does

To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs). The Scheme shall endeavor to generate optimum returns with low credit risk. There is no assurance that the investment objective of the Scheme will be achieved.

BenchmarkNifty Banking & PSU Debt Index A-II

Launched8 Jun 2012

Fund houseAxis Mutual Fund

Fund managersAditya PagariaHardik Shah

NAV history

Returns

1 week

+0.70%avg 0.6%

1 month

+0.39%avg 0.3%

3 months

+0.12%avg 0.4%

6 months

+0.23%avg 2.5%

This year

+0.25%avg 3.6%

1 year

+0.21%avg 4.1%

3 years (a year)

+0.05%avg 6.7%

5 years (a year)

+0.07%avg 6.0%

Bars: this plan; the thin mark is the Banking & PSU average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.1
2025	+0.0	-0.1	+0.5	-0.4	+0.0	-0.3	+0.3	-0.2	+0.3	-0.0	+0.0	-0.1
2026	-0.1	+0.2	-0.4	+0.1	+0.1	+0.3	-0.1	-0.4	+0.1	-0.2	+0.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings162164 lines in all

Top 10 holdings30.0%of the fund

Debt73.7%bonds, government securities

Money market20.9%CDs, CPs, treasury bills

Where the money is

Equity 0.4%Debt 73.7%Money market 20.9%Cash & others 5.1%

Credit quality (debt and money market)

AAA

64.7%

A1+

20.9%

Sovereign

9.0%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Debt	73.7%	83.7%	-10.05
Money market	20.9%	11.6%	+9.34
Cash & others	5.1%	4.4%	+0.72

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 1

Holding	Sector / type	% of fund
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 INF0RQ622028	–	0.35%

Bonds, money market and cash 163

Holding	Sector / type	% of fund
7.44% National Bank For Agriculture and Rural Development (24/02/2028) INE261F08EK5	CRISIL AAA	6.83%
Net Receivables / (Payables)	–	3.58%
Export Import Bank of India (12/03/2027) INE514E14TU5	CRISIL A1+	3.45%
7.7% Nuclear Power Corporation Of India Limited (21/03/2038) ** INE206D08501	ICRA AAA	3.35%
7.42% Power Finance Corporation Limited (15/04/2028) ** INE134E08NL6	CRISIL AAA	3.29%
Union Bank of India (10/02/2027) INE692A16NK6	IND A1+	3.26%
6.54% Tamilnadu State Development Loans (25/02/2029) IN3120250730	Sovereign	2.69%
7.34% Small Industries Dev Bank of India (26/02/2029) ** INE556F08KS8	CRISIL AAA	2.15%
6.80% National Housing Bank (02/04/2032) ** INE557F08GE4	CARE AAA	1.80%
Tata Capital Limited (21/02/2029) (FRN) ** INE976I07DE9	CRISIL AAA	1.67%
7.29% National Housing Bank (04/07/2031) ** INE557F08GC8	CARE AAA	1.52%
Clearing Corporation of India Ltd	–	1.51%
7.35% National Housing Bank (02/01/2032) ** INE557F08GD6	CARE AAA	1.43%
HDFC Bank Limited (24/02/2027) ** INE040A16IO0	CARE A1+	1.42%
Kotak Mahindra Bank Limited (29/01/2027) ** INE237AD6125	CRISIL A1+	1.23%
Indian Bank (29/01/2027) ** INE562A16QP3	CRISIL A1+	1.23%
7.48% National Bank For Agriculture and Rural Development (15/09/2028) INE261F08EO7	CRISIL AAA	1.21%
Siddhivinayak Securitisation Trust (28/09/2030) ** INE2I7F15012	CRISIL AAA(SO)	1.17%
8.06% Karnataka State Development Loans (27/03/2029) IN1920180222	Sovereign	1.08%
7.4% Small Industries Dev Bank of India (18/06/2031) ** INE556F08LF3	CRISIL AAA	1.06%
7.59% National Housing Bank (14/07/2027) ** INE557F08FY4	CRISIL AAA	1.05%
7.62% National Bank For Agriculture and Rural Development (31/01/2028) ** INE261F08DV4	CRISIL AAA	1.04%
7.32% NTPC Limited (17/07/2029) ** INE733E07KL3	CRISIL AAA	1.04%
7.51% Small Industries Dev Bank of India (12/06/2028) INE556F08KU4	CRISIL AAA	1.04%
7.5% Indian Railway Finance Corporation Limited (07/09/2029) ** INE053F07BW9	CRISIL AAA	1.04%
7.35% Bharti Telecom Limited (15/10/2027) ** INE403D08272	CRISIL AAA	1.04%
6.74% Small Industries Dev Bank of India (10/01/2029) ** INE556F08LA4	CRISIL AAA	1.02%
Shivshakti Securitisation Trust (28/09/2029) ** INE2I7G15010	CRISIL AAA(SO)	0.97%
7.42% Bihar State Development Loans (31/12/2031) IN1320250229	Sovereign	0.91%
7.69% REC Limited (31/03/2033) ** INE020B08EG2	CRISIL AAA	0.87%
HDFC Bank Limited (15/02/2027) ** INE040A16JC3	CARE A1+	0.86%
8.16% Karnataka State Development Loans (20/03/2029) IN1920180214	Sovereign	0.85%
7.48% Indian Railway Finance Corporation Limited (13/08/2029) ** INE053F07BU3	CRISIL AAA	0.83%
7.22% Small Industries Dev Bank of India (10/04/2029) INE556F08LC0	CRISIL AAA	0.82%
6.47% Indian Railway Finance Corporation Limited (30/05/2028) ** INE053F08510	CRISIL AAA	0.82%
Bank of Baroda (27/01/2027) ** INE028A16LC4	CARE A1+	0.82%
Bank of Baroda (04/02/2027) ** INE028A16LF7	CARE A1+	0.82%
6.65% Indian Railway Finance Corporation Limited (20/05/2030) ** INE053F08502	CRISIL AAA	0.81%
7.05% State Bank of India (20/03/2036) ** INE062A08496	CRISIL AAA	0.81%
Bank of Baroda (08/03/2027) INE028A16LS0	IND A1+	0.81%
HDFC Bank Limited (09/03/2027) ** INE040A16IT9	CARE A1+	0.81%
Union Bank of India (16/03/2027) INE692A16LS3	ICRA A1+	0.81%
7.12% Power Grid Corporation of India Limited (24/12/2034) ** INE752E08775	CRISIL AAA	0.80%
Canara Bank (29/06/2027) ** INE476A16K22	CRISIL A1+	0.79%
7.17% Indian Railway Finance Corporation Limited (27/04/2035) ** INE053F08486	CRISIL AAA	0.76%
8.23% Indian Railway Finance Corporation Limited (29/03/2029) ** INE053F07BE7	CRISIL AAA	0.76%
8.2% Tata Capital Housing Finance Limited (25/09/2029) INE033L07IW4	CRISIL AAA	0.75%
7.35% Export Import Bank of India (27/07/2028) ** INE514E08GE8	CRISIL AAA	0.75%
6.92% Indian Railway Finance Corporation Limited (29/08/2031) ** INE053F08122	CRISIL AAA	0.73%
8.19% Karnataka State Development Loans (23/01/2029) IN1920180149	Sovereign	0.72%
7.77% Power Finance Corporation Limited (15/04/2028) ** INE134E08MJ2	CRISIL AAA	0.67%
8.55% Indian Railway Finance Corporation Limited (21/02/2029) ** INE053F07BA5	CRISIL AAA	0.64%
7.59% National Housing Bank (08/09/2027) ** INE557F08FZ1	CRISIL AAA	0.63%
7.57% Indian Railway Finance Corporation Limited (18/04/2029) ** INE053F08353	CRISIL AAA	0.63%
7.04% Small Industries Dev Bank of India (09/02/2029) ** INE556F08LB2	CRISIL AAA	0.62%
Radhakrishna Securitisation Trust (28/09/2028) ** INE2I7H15018	CRISIL AAA(SO)	0.62%
Small Industries Dev Bank of India (04/02/2027) ** INE556F16BY8	CARE A1+	0.61%
7.08% Power Grid Corporation of India Limited (25/10/2034) ** INE752E08767	CRISIL AAA	0.60%
7.3% Government of India (19/06/2053) IN0020230051	Sovereign	0.56%
Small Industries Dev Bank of India (11/08/2027) INE556F16CF5	CARE A1+	0.55%
7.8% Tata Capital Housing Finance Limited (05/08/2027) ** INE033L07HU0	CRISIL AAA	0.53%
7.64% Bajaj Housing Finance Limited (01/07/2030) INE377Y07664	CRISIL AAA	0.49%
7.56% REC Limited (31/08/2027) ** INE020B08FF1	ICRA AAA	0.46%
8.32% Karnataka State Development Loans (13/03/2029) IN1920180206	Sovereign	0.43%
8.08% Tamilnadu State Development Loans (26/12/2028) IN3120180200	Sovereign	0.43%
7.725% Larsen & Toubro Limited (28/04/2028) ** INE018A08BE9	CRISIL AAA	0.42%
7.89% REC Limited (30/03/2030) ** INE020B08CI2	CRISIL AAA	0.42%
7.95% LIC Housing Finance Limited (29/01/2028) ** INE115A07MW4	CRISIL AAA	0.42%
8% Tata Capital Housing Finance Limited (03/11/2027) ** INE033L07HY2	CRISIL AAA	0.42%
7.59% REC Limited (31/05/2027) INE020B08FA2	CRISIL AAA	0.42%
7.90% Bajaj Finance Limited (13/04/2028) ** INE296A07SI8	CRISIL AAA	0.42%
7.58% REC Limited (31/05/2029) ** INE020B08FD6	ICRA AAA	0.42%
7.46% Indian Railway Finance Corporation Limited (18/06/2029) ** INE053F08387	CRISIL AAA	0.42%
7.66% Bajaj Housing Finance Limited (20/03/2028) ** INE377Y07532	CRISIL AAA	0.42%
7.12% Export Import Bank of India (27/06/2030) ** INE514E08GF5	CRISIL AAA	0.41%
7.34% REC Limited (30/04/2030) ** INE020B08FL9	CRISIL AAA	0.41%
Bank of Baroda (11/01/2027) INE028A16KZ7	CARE A1+	0.41%
ICICI Bank Limited (12/02/2027) ** INE090AD6287	CRISIL A1+	0.41%
Export Import Bank of India (01/03/2027) ** INE514E16CP6	CRISIL A1+	0.41%
HDFC Bank Limited (12/03/2027) ** INE040A16IZ6	CARE A1+	0.41%
7.87% Bajaj Housing Finance Limited (04/08/2036) ** INE377Y07680	CRISIL AAA	0.40%
6.58% Indian Railway Finance Corporation Limited (30/05/2030) ** INE053F08528	CRISIL AAA	0.40%
ICICI Bank Limited (25/03/2027) ** INE090AD6337	ICRA A1+	0.40%
7.64% REC Limited (30/04/2027) ** INE020B08EX7	ICRA AAA	0.38%
8.4% Indian Railway Finance Corporation Limited (08/01/2029) ** INE053F07AZ4	CRISIL AAA	0.34%
7.85% Power Finance Corporation Limited (03/04/2028) ** INE134E08JP5	CRISIL AAA	0.33%
7.07% Bajaj Finance Limited (21/09/2028) ** INE296A07TN6	CRISIL AAA	0.33%
7.85% Bajaj Finance Limited (11/09/2028) ** INE296A07SO6	CRISIL AAA	0.32%
7.7951% Bajaj Finance Limited (10/12/2027) INE296A07TF2	CRISIL AAA	0.29%
Bank of Baroda (25/01/2027) INE028A16LD2	CARE A1+	0.29%
Punjab National Bank (04/02/2027) ** INE160A16UD4	CRISIL A1+	0.29%
7.18% Government of India (14/08/2033) IN0020230085	Sovereign	0.25%
8.25% Bajaj Housing Finance Limited (27/05/2031) INE377Y07656	CRISIL AAA	0.25%
7.65% Indian Railway Finance Corporation Limited (18/04/2033) ** INE053F08247	CRISIL AAA	0.25%
6.87% Indian Railway Finance Corporation Limited (14/04/2032) ** INE053F08163	CRISIL AAA	0.24%
8.32% Karnataka State Development Loans (06/02/2029) IN1920180164	Sovereign	0.21%
8.3% NTPC Limited (15/01/2029) ** INE733E07KJ7	CRISIL AAA	0.21%
7.8% National Bank For Agriculture and Rural Development (15/03/2027) INE261F08EF5	ICRA AAA	0.21%
7.70% REC Limited (10/12/2027) ** INE020B08AQ9	CRISIL AAA	0.21%
7.68% Small Industries Dev Bank of India (10/08/2027) INE556F08KP4	CRISIL AAA	0.21%
7.68% Small Industries Dev Bank of India (09/07/2027) ** INE556F08KO7	CRISIL AAA	0.21%
7.83% Small Industries Dev Bank of India (24/11/2028) ** INE556F08KL3	CRISIL AAA	0.21%
7.45% Export Import Bank of India (12/04/2028) ** INE514E08GB4	CRISIL AAA	0.21%
7.25% Nuclear Power Corporation Of India Limited (15/12/2027) ** INE206D08410	CRISIL AAA	0.21%
7.33% Indian Railway Finance Corporation Limited (27/08/2027) ** INE053F07AC3	CRISIL AAA	0.21%
8.18% Mahindra & Mahindra Financial Services Limited (31/05/2029) INE774D07VF8	CRISIL AAA	0.21%
7.53% National Bank For Agriculture and Rural Development (24/03/2028) INE261F08EM1	ICRA AAA	0.21%
7.6% Power Finance Corporation Limited (13/04/2029) ** INE134E08MX3	CRISIL AAA	0.21%
7.4% Export Import Bank of India (14/03/2029) ** INE514E08GC2	CRISIL AAA	0.21%
7.67% Indian Railway Finance Corporation Limited (15/12/2033) ** INE053F08346	CRISIL AAA	0.21%
6.60% REC Limited (30/06/2027) INE020B08FZ9	ICRA AAA	0.21%
7.42% Small Industries Dev Bank of India (12/03/2029) ** INE556F08KW0	CRISIL AAA	0.21%
7.3763% Bajaj Finance Limited (26/06/2028) INE296A07TJ4	CRISIL AAA	0.21%
6.95% Bajaj Housing Finance Limited (28/01/2028) ** INE377Y07615	CRISIL AAA	0.21%
7.288% Kotak Mahindra Prime Limited (24/10/2028) ** INE916DA7TE6	CRISIL AAA	0.21%
7.71% HDFC Bank Limited (20/12/2033) ** INE040A08AJ4	CRISIL AAA	0.21%
6.61% Power Finance Corporation Limited (15/07/2028) ** INE134E08NS1	CRISIL AAA	0.21%
6.97% Bajaj Housing Finance Limited (17/07/2028) ** INE377Y07599	CRISIL AAA	0.20%
7.4% Bharti Telecom Limited (01/02/2029) INE403D08298	CRISIL AAA	0.20%
7.38% Power Finance Corporation Limited (15/01/2032) ** INE134E08NM4	CRISIL AAA	0.20%
6.90% REC Limited (31/03/2031) ** INE020B08DA7	CRISIL AAA	0.20%
7.56% Bajaj Housing Finance Limited (04/10/2034) ** INE377Y07516	CRISIL AAA	0.20%
6.98% Power Grid Corporation of India Limited (12/08/2035) ** INE752E08791	CRISIL AAA	0.20%
Canara Bank (02/02/2027) ** INE476A16G44	CRISIL A1+	0.20%
Kotak Mahindra Bank Limited (12/02/2027) ** INE237AD6141	CRISIL A1+	0.20%
Kotak Mahindra Bank Limited (05/03/2027) ** INE237AD6166	CRISIL A1+	0.20%
Canara Bank (04/03/2027) INE476A16H43	CRISIL A1+	0.20%
7.2337% Bajaj Finance Limited (28/06/2027) ** INE296A07TK2	CRISIL AAA	0.19%
7.47% Small Industries Dev Bank of India (05/09/2029) ** INE556F08KR0	CRISIL AAA	0.19%
8.06% Bajaj Finance Limited (15/05/2029) ** INE296A07SZ2	CRISIL AAA	0.18%
7.70% National Bank For Agriculture and Rural Development (30/09/2027) INE261F08EI9	ICRA AAA	0.18%
7.81% Gujarat State Development Loans (12/10/2032) IN1520220113	Sovereign	0.17%
7.07% Gujarat State Development Loans (12/02/2032) IN1520240202	Sovereign	0.13%
7.9% Sundaram Home Finance Limited (24/09/2027) ** INE667F07IV3	ICRA AAA	0.13%
7.54% Bihar State Development Loans (03/09/2033) IN1320250088	Sovereign	0.10%
7.10% Power Finance Corporation Limited (11/01/2027) ** INE134E08IP7	CRISIL AAA	0.08%
7.39% Maharashtra State Development Loans (03/07/2030) IN2220190036	Sovereign	0.08%
7.44% Power Finance Corporation Limited (11/06/2027) ** INE134E08JC3	CRISIL AAA	0.08%
7.37% Indian Railway Finance Corporation Limited (31/07/2029) ** INE053F08411	CRISIL AAA	0.08%
7.86% Tata Capital Housing Finance Limited (21/09/2029) INE033L07IJ1	CRISIL AAA	0.08%
6.95% Rajasthan State Development Loans (10/02/2031) IN2920200655	Sovereign	0.08%
6.66% Small Industries Dev Bank of India (25/10/2028) ** INE556F08KZ3	CRISIL AAA	0.08%
8.1% Bajaj Housing Finance Limited (08/07/2027) ** INE377Y07482	CRISIL AAA	0.08%
7.1% HDFC Bank Limited (12/11/2031) ** INE040A08831	CRISIL AAA	0.08%
7.9265% LIC Housing Finance Limited (14/07/2027) ** INE115A07QS3	CRISIL AAA	0.08%
8.3439% HDB Financial Services Limited (05/07/2027) ** INE756I07EZ8	CRISIL AAA	0.06%
5.74% Government of India (15/11/2026) IN0020210186	Sovereign	0.05%
7.26% Government of India (06/02/2033) IN0020220151	Sovereign	0.04%
7.60% Power Finance Corporation Limited (20/02/2027) ** INE134E08IT9	CRISIL AAA	0.04%
7.3% Bharti Telecom Limited (01/12/2027) ** INE403D08306	CRISIL AAA	0.04%
7.40 % National Bank For Agriculture and Rural Development (29/04/2030) ** INE261F08EL3	CRISIL AAA	0.04%
7.56% Karnataka State Development Loans (11/02/2036) IN1920250199	Sovereign	0.04%
7.71% LIC Housing Finance Limited (09/05/2033) ** INE115A07QI4	CRISIL AAA	0.04%
5.79% Government of India (11/05/2030) IN0020200070	Sovereign	0.04%
6.28% Government of India (14/07/2032) IN0020250059	Sovereign	0.04%
8.24% L&T Finance Limited (16/06/2027) ** INE498L07038	ICRA AAA	0.03%
7.55% Power Finance Corporation Limited (15/04/2027) ** INE134E08MZ8	CRISIL AAA	0.03%
6.92% Government of India (18/11/2039) IN0020240134	Sovereign	0.03%
6.90% LIC Housing Finance Limited (17/09/2027) INE115A07RH4	CRISIL AAA	0.02%
7.71% Government of India (18/05/2066) IN0020260033	Sovereign	0.02%
8.285% Tata Capital Limited (10/05/2027) ** INE976I07CT9	CRISIL AAA	0.02%
7.54% Karnataka State Development Loans (21/07/2037) IN1920250124	Sovereign	0.02%
7.08% Andhra Pradesh State Development Loans (26/03/2037) IN1020240801	Sovereign	0.01%

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From the fund house's monthly portfolio (axismf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.5%yearly, from daily NAVs

Worst fall-0.99%28 Mar 2025 → 23 Oct 2026

RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹12,130 cr across all plans · this plan ₹0.99 cr
Fund house	Axis Mutual Fund
Category	Debt · Banking & PSU
Plan	Regular
Option	IDCW
Expense ratio (TER)	Direct 0.36% · Regular 0.65% (5 Nov 2026)
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	120436
ISIN	INF846K01CV8
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Regular · Growth	₹2,809.8989	+4.17%
Regular · Growth	₹2,908.5720	+4.46%
Regular · IDCW	₹1,039.1264	-0.00%
Regular · IDCW	₹1,040.5432	+0.15%
Regular · IDCW	₹1,037.9521	+0.28%
Regular · IDCW	₹1,039.1310	0.00%
Regular · IDCW	₹1,038.4034	+0.32%

Top Banking & PSU funds (regular plans)

Fund	1 year	3 years (a year)
UTI Banking & PSU Debt Fund	+5.53%	+7.20%
Franklin India Banking & PSU Debt Fund	+5.23%	+7.06%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)	+4.40%	+7.00%
Axis Banking and PSU Debt Fund	+4.46%	+6.92%
Mirae Asset Banking and PSU Debt Fund	+4.06%	+6.89%
Kotak Banking and PSU Debt Fund	+4.41%	+6.86%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)	+4.23%	+6.85%
Edelweiss Banking and PSU Debt Fund	+3.91%	+6.79%

All Banking & PSU funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Axis Banking and PSU Debt Fund - Regular Plan - IDCW today?

₹1,041.1995 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Axis Banking and PSU Debt Fund - Regular Plan - IDCW?

1 year: 0.21%, 3 years: 0.05% a year, 5 years: 0.07% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.