Should I invest in Axis Banking & PSU Debt Fund - Monthly IDCW?

We don't give personal investment advice. Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.1%. 5-year CAGR: -0.01%.

Axis

Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW

Latest NAV

₹1,032.9630

As of

3 Jun 2026

3,209 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	+0.04%	+0.02	30 / 60	Q2
1W	+0.24%	+0.18%	+0.06	22 / 60	Q2
2W	+0.31%	+0.25%	+0.06	35 / 60	Q3
1M	+0.11%	+0.10%	+0.02	38 / 60	Q3
3M	-0.05%	-0.18%	+0.13	30 / 60	Q2
6M	-0.03%	+0.11%	-0.15	26 / 60	Q2
YTD	-0.06%	+0.01%	-0.07	31 / 60	Q3
1Y	-0.09%	+0.62%	-0.71	30 / 60	Q2
2Y	-0.05%	+2.02%	-2.06	47 / 60	Q4
3Y	-0.04%	+1.80%	-1.84	40 / 57	Q3
4Y	+0.03%	+1.90%	-1.87	40 / 51	Q4
5Y	-0.01%	+1.49%	-1.49	36 / 50	Q3
7Y	+0.25%	+1.49%	-1.25	29 / 47	Q3
10Y	+0.27%	+1.37%	-1.10	24 / 37	Q3
Inception	+0.24%	+1.97%	-1.73	42 / 57	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.06%	-0.12%	+0.06	25 / 51
2025	-0.09%	+2.37%	-2.45	48 / 52
2024	-0.01%	+2.35%	-2.35	43 / 53
2023	+0.04%	+2.08%	-2.04	37 / 51
2022	+0.02%	+1.10%	-1.08	31 / 50
2021	-0.08%	-0.84%	+0.76	19 / 50
2020	+1.07%	+2.60%	-1.53	26 / 47
2019	+1.22%	+1.86%	-0.65	25 / 45
2018	+0.11%	+1.66%	-1.55	34 / 46
2017	-0.18%	+0.89%	-1.07	34 / 46
2016	+0.39%	+2.60%	-2.21	26 / 43

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.24%

150 windows

min -1.2% · max 2.0%

63% positive

3-Year rolling

+0.27%

126 windows

min -0.2% · max 1.3%

82% positive

5-Year rolling

+0.32%

101 windows

min -0.2% · max 0.7%

88% positive

7-Year rolling

+0.37%

77 windows

min 0.2% · max 0.5%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.76%

3-year · annualised

Sharpe ratio

-8.57

vs risk-free 6.5%

Sortino ratio

-12.60

Downside-only deviation

Max drawdown

-2.13%

Apr 2025 → May 2026

% positive months

47.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option - Direct Plan	HDFC	₹10.0227	3 Jun 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.3658	3 Jun 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,520.0680	3 Jun 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹12.9930	3 Jun 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,062.6489	3 Jun 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.0978	3 Jun 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹104.7496	3 Jun 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5390	3 Jun 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.7262	3 Jun 2026
Kotak Banking and PSU Debt Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹10.2444	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,032.9630
2 Jun 2026	₹1,033.2568
1 Jun 2026	₹1,032.6818
31 May 2026	₹1,032.6275
29 May 2026	₹1,032.2443
27 May 2026	₹1,031.4674
26 May 2026	₹1,030.7422
25 May 2026	₹1,030.6899
22 May 2026	₹1,029.1028
21 May 2026	₹1,028.5098

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is ₹1,032.9630. It's a Banking & PSU Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW has NAV history starting from 25 Feb 2013, a track record of about 13 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is managed by Axis. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW has delivered a absolute return of -0.09% — -0.71 pp behind the Banking & PSU Fund category average of 0.62%. The fund ranks #30 of 60 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW has delivered a CAGR of -0.04% — -1.84 pp behind the Banking & PSU Fund category average of 1.80%. The fund ranks #40 of 57 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW has delivered a CAGR of -0.01% — -1.49 pp behind the Banking & PSU Fund category average of 1.49%. The fund ranks #36 of 50 in its category — the third (Q3) quartile.

₹1 lakh invested in Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW exactly 10 years ago would be worth approximately ₹102,742 today — a multiplier of 1.03×, based on the 10-year CAGR of 0.27%. The category average over the same window would have grown ₹1 lakh to ₹114,619.

A ₹10,000 monthly SIP in Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹599,593 today. That's an XIRR (money-weighted annualised return) of -0.03%.

A ₹10,000 monthly SIP for 10 years in Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,209,599 (multiplier 1.01×). XIRR: 0.16%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW ranks #36 out of 50 funds in the Banking & PSU Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 1.49%; this fund delivered -0.01%.

The worst peak-to-trough decline Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW has experienced over the last 5-year window is 2.13% — its NAV fell from a high on 24 Apr 2025 to a low on 21 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW averaged 0.32% (best 0.68%, worst -0.19%). 88% of rolling windows ended positive. The 5-year Sharpe ratio is -10.19 — negative risk-adjusted performance.

In calendar year 2025, Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW returned -0.09% — lagging the Banking & PSU Fund category average of 2.37% by 2.45 pp. It ranked #48 of 52 in its category that year.

Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Axis Banking & PSU Debt Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.1%. 5-year CAGR: -0.01%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.