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.

	DATE OF ALLOTMENT	8th June 2012
	MONTHLY AVERAGE	14,110.38Cr.
	AS ON 31st January, 2024	14,045.22Cr.
	BENCHMARK	NIFTY Banking & PSU Debt Index
	RESIDUAL MATURITY	2.42 years
	MODIFIED DURATION*	2.06 years
	Macaulay DURATION*	2.2 years
	Portfolio YTM*(Annualised)	7.64%
	Adjusted YTM#	7.74%
*in case of semi annual YTM, it will be annualised #Portfolio YTM adjusted for bank bonds with optionality by considering their Yield To Call at respective call dates * As per AMFI Best Practice Guidelines Circular No. 88/2020-21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
	FUND MANAGER
	Mr. Aditya Pagaria	Work experience: 15 years. He has been co-managing this fund since 13th August 2016
	Mr. Hardik Shah	Work experience: 14 years. He has been managing this fund since 3rd July 2023.

# Values are less than 0.005%

 

Past performance may or may not be sustained in future. Different plans have different expense structure. Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 17 schemes of Axis Mutual Fund & Hardik Shah is managing the scheme since 3rd July 2023 and he manages 10 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹1,000.