Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.19% | -0.39% | 0.05% | 1.84% | 3.90% | 6.75% | 6.05% | 6.37% | 7.07% |
NAV history
About this fund
Axis Banking and PSU Debt Fund is a corporate-debt fund offered by Axis Mutual Fund, classified under Debt as Debt Scheme - Banking and PSU Fund. Returns and risk depend on the credit quality and duration of the bonds held. Its latest NAV is ₹2,886.07, with assets under management of about ₹12,390 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Axis Banking and PSU Debt Fund has recorded a return of about 3.9%, with a three-year return of 6.8% and a five-year return of 6.0%. Its annualised volatility is 1.4% — relatively low fluctuations — and its Sharpe ratio is -1.82, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.30%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 7.27 | 7.24 | 2.92 | 12.95 | 100% | 3% |
| 3Y | 7.27 | 7.32 | 4.64 | 9.67 | 100% | 0% |
| 5Y | 6.94 | 6.97 | 5.92 | 8.39 | 100% | 0% |
| 7Y | 7.21 | 7.22 | 6.37 | 7.77 | 100% | 0% |
| 10Y | 7.23 | 7.25 | 7.07 | 7.34 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Invesco India Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.64 | -0.14 | 1.89 | 3.68 | 6.93 | 5.58 | 6.52 | – |
| Bandhan Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.16 | 0.61 | 2.53 | 4.97 | 7.01 | 6.21 | 7.14 | – |
| Kotak Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.55 | -0.21 | 1.72 | 3.98 | 7.06 | 6.25 | 7.22 | – |
| DSP Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.60 | -0.44 | 1.49 | 2.81 | 6.68 | 5.84 | 6.73 | 0.28 |
| SBI BANKING & PSU DEBT FUND Debt Scheme - Banking and PSU Fund | 0.05 | 0.64 | 2.53 | 4.30 | 7.08 | 6.11 | 7.05 | – |
| UTI Banking & PSU Debt Fund Debt Scheme - Banking and PSU Fund | 0.23 | 1.43 | 2.98 | 5.69 | 7.48 | 7.75 | 6.45 | – |
| HDFC Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.69 | -0.36 | 1.57 | 3.44 | 6.78 | 6.08 | 6.99 | – |
| Franklin India Banking & PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.12 | 0.71 | 2.54 | 5.26 | 7.32 | 6.38 | 7.16 | 0.19 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Focused Fund Equity Scheme - Focused Fund | -7.38 | -4.22 | -0.38 | -7.89 | 8.15 | 2.42 | 11.03 | 0.77 |
| Axis Gold Fund Other Scheme - FoF Domestic | -6.10 | -1.85 | -6.20 | 11.42 | 31.29 | 23.21 | 15.24 | 0.15 |
| Axis Medium Term Fund Debt Scheme - Medium Duration Fund | -0.54 | 0.20 | 2.50 | 5.29 | 8.17 | 7.15 | 7.67 | – |
| Axis Conservative Hybrid Fund Hybrid Scheme - Conservative Hybrid Fund | -1.54 | -1.86 | -0.65 | -0.69 | 6.16 | 5.47 | 7.09 | 0.94 |
| Axis ELSS- Tax Saver Fund Equity Scheme - ELSS | -4.97 | -4.34 | -2.20 | -6.63 | 9.00 | 4.47 | 11.55 | 0.73 |
| Axis Midcap Fund Equity Scheme - Mid Cap Fund | -6.96 | -5.48 | -1.27 | -0.34 | 14.42 | 11.39 | 16.62 | 0.54 |
| Axis Short Term Fund Debt Scheme - Short Duration Fund | -0.28 | 0.46 | 2.32 | 4.81 | 7.61 | 6.69 | 7.37 | – |
| Axis Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.14 | 1.23 | 2.83 | 5.96 | 7.34 | 6.67 | 6.99 | – |