Which funds are similar to Axis Banking and PSU Debt Direct-Growth?
Funds similar to Axis Banking and PSU Debt Direct-Growth in the Debt: Banking and PSU Debt category include Bandhan Banking and PSU Debt Fund Direct-Growth, Aditya Birla Sun Life Banking and PSU Debt Fund Direct-Growth, and ICICI Prudential Banking and PSU Debt Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Axis Banking and PSU Debt Direct-Growth in its category?
On a 3-year return basis Axis Banking and PSU Debt Direct-Growth is ranked 16 out of 19 funds in the Debt: Banking and PSU Debt category as of 6 Sep 2026. On a 5-year return basis it ranks 11 out of 18. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Axis Banking and PSU Debt Direct-Growth's expense ratio compare to similar funds?
Axis Banking and PSU Debt Direct-Growth has an expense ratio of 0.36%. The peers Bandhan Banking and PSU Debt Fund Direct-Growth has an expense ratio of 0.36% and Aditya Birla Sun Life Banking and PSU Debt Fund Direct-Growth has 0.41%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Axis Banking and PSU Debt Direct-Growth's AUM compare to similar funds?
Axis Banking and PSU Debt Direct-Growth has an AUM of ₹12,003.9 crore. The peers Bandhan Banking and PSU Debt Fund Direct-Growth has an AUM of ₹12,122 crore and Aditya Birla Sun Life Banking and PSU Debt Fund Direct-Growth has ₹8,682.46 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Banking and PSU Debt?
The top performing fund in the Debt: Banking and PSU Debt category on a 3-year basis is Franklin India Banking & PSU Debt Fund Direct-Growth with a CAGR of 7.58% as of 6 Sep 2026. Axis Banking and PSU Debt Direct-Growth has delivered 7.07% CAGR over the same period, ranking 16 out of 19 funds. You can view and compare the full category ranking on sharpely.
How does Axis Banking and PSU Debt Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Axis Banking and PSU Debt Direct-Growth has a Sharpe ratio of 0.81 compared to the Debt: Banking and PSU Debt average of 0.87 as of 6 Sep 2026. It ranks 10 out of 19 funds in its category on Sharpe ratio.
