Axis Banking and PSU Debt Fund Growth is a Banking & PSU mutual fund scheme from Axis Asset Management Company Limited. The fund was launched on 8 June 2012 and is managed by Aditya Pagaria and Hardik Shah. As of 15 October 2026, the fund has an AUM of ₹11,962.14 Cr and its latest NAV is ₹2,794.00. The fund has a Moderate Risk risk rating.
The fund allows minimum SIP of ₹1,000 and lumpsum investment starting from ₹5,000.
Its top holdings include National Bank For Agriculture And Rural Development, Nuclear Power Corporation Of India Limited, Power Finance Corporation Limited, Small Industries Development Bank Of India, and Rec Limited. The fund has delivered 4.0% returns over the last 1 year, 6.5% annualised returns over 3 years, 5.8% annualised returns over 5 years, and 7.4% annualised returns since inception.
Axis Banking and PSU Debt Fund Growth may be suitable for investors looking for Banking & PSU and who are comfortable with Moderate Risk risk.






