Axis banking psu debt fund

Axis Banking Psu Debt Fund Dividend Payout Weekly Holdings

The fund’s highest allocation is towards debt and has invested 95.02% in this asset class. The top three holdings of the fund are clearing corporation of india ltd, food corporation of india and national bank for agriculture and rural development.

The following taxes are applicable to the income arising from investing in this scheme: * STCG is added to the investor's income and taxed as per the income-tax slab. Axis Mutual Fund launched its first scheme in 2009 and has experienced steady growth having a presence in over 90 cities and more than 20 lakh active investors. The fund house works on three guiding principles of investor- centric focus, long-term wealth creation, and a long-term relationship. It also offers a wide range of schemes to suit the requirements of different AXIS Banking & PSU Debt Fund - Direct (G) Dividend History - Axis Banking & PSU Debt Fund - Regular Plan - Weekly Axis Banking Debt Fund - Weekly Dividend - Payout Axis Banking

& PSU Debt Fund - Weekly Dividend - Payout was previously known

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. However, there is no assurance that the objective of the

Banner-aside

About Axis Banking Psu Debt Fund Dividend Payout Weekly

Pros Cons Of Axis Banking Psu Debt Fund

* The scheme invests at least 70% of its net assets in securities rated AAA/A1+/Sov and equivalent. The scheme uses a bottom-up approach while selecting instruments. * As on December 31, 2018, the scheme is ranked 1 under CRISIL’s Banking & PSU Fund category. * Further, it has generated returns of 8.09% per year over the last 5 years (as on January 31, 2019).

Banner-aside

Axis Banking Psu Debt Fund Reg G

Fund Information And Statistics Of Axis Banking Psu Debt Fund

The scheme was launched on 08 June 2012 by Axis Mutual Fund. has a Moderately-Low risk level associated with it. The minimum redemption amount is Rs.1000. The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption Mr. Aditya Pagaria is the Fund Manager of the Axis Banking & PSU Debt Fund since August 13, 2016. There is no entry load or exit load in this scheme.

Share this post:

Avatar

BlogNiche.com

Professional niche blogs with track record over 1M+ blog posts, Still counting.

Connect: View All Posts

0 replies


Write a reply