Axis Banking & PSU Debt Fund - Regular Growth

It’s simple – if you don’t use your car, scooter or even for that matter a battery, you tend to lose it. Your money is no different. The smart thing to do is to invest in Liquid Funds or in Axis Banking Debt Fund.So if you have some spare cash languishing in your savings account, and if you don't want to block it in a fixed deposit or risk investing it in shares, Axis Banking Debt Fund is the answer.

When should you invest ?

Axis Banking Debt Fund is suitable for investors with a holding period of more than a month and invests primarily in Bank Certificate of Deposits.Thus invest in this fund only when you have surplus money that you need to park for a short period of time in relatively lower risk instruments. Especially money that might be idling in a savings account. This fund is therefore meant for money that you do not want to block in longer term investments such as shares, fixed deposits, government bonds, etc.

Key Features

An open ended debt fund
Suitable for an investment horizon of more than 15 days
Portfolio average maturity is typically between 40 and 120 days

This Product is Suitable for Investor who are seeking

Stable returns in the short to medium term
Investment in debt and money market instruments across the yield curve and credit spectrum

Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Fund Type	An Open- Ended Debt Scheme
Investment Plan	Growth/ Dividend
Allotment date	08 June 2012
Benchmark	Crisil Short Term Bond Fund Index
Entry Load	Nil
Exit Load:	Nil Exit Load w.e.f. 14th July 2014
Minimum Investment	Rs.5,000 & in multiples of Re.1 thereafter
Additional purchase	Rs.100 & in multiples of Rs.1 thereafter
Sleep in Peace (SIP)	Monthly - Rs.1,000 & in multiples of Re.1 thereafter Yearly - Rs. 12,000 & in multiples of Re. 1 thereafter