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Which axis debt fund is best?

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Which axis debt fund is best?

Top 10 Axis Mutual Funds

Fund Name Category Fund Size(in Cr)
Axis Short Term Direct Fund Debt ₹12,809
Axis Nifty 100 Index Fund Other ₹615
Axis Banking & PSU Debt Fund Debt ₹16,241
Axis Strategic Bond Fund Debt ₹1,812

Which is the best Banking and PSU Debt Fund?

Best Banking and PSU Funds ranked by ETMONEY on performance consistency & downside protection

  • Axis Banking & PSU Debt Fund.
  • PGIM India Banking & PSU Debt Fund.
  • Sundaram Banking & PSU Debt Fund.
  • Nippon India Banking & PSU Debt Fund.
  • ICICI Prudential Banking & PSU Debt Fund.
  • Aditya Birla Sun Life Banking & PSU Debt Fund.

What are the benefits of investing in debt funds?

Four benefits of investing in debt mutual funds

  • Stable returns: Debt funds are more likely to give a stable rate of return without dependence on market sentiments.
  • Hedge against volatility: Debt funds can offer you a good hedge against the volatility of the equity market.
  • High liquidity:
  • Lower Fees:
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How debt funds are taxed?

Taxation of Capital Gains of Debt Funds These gains are added to your taxable income and taxed at your income tax slab rate. Long-term capital gains are realised when you sell units of a debt fund after a holding period of three years. These gains are taxed at a flat rate of 20\% after indexation.

What is the difference between equity and debt fund?

The difference between the two comes from where the money is invested. While debt funds invest in fixed income securities, equity funds invest predominantly in equity share and related securities.

Is Banking and PSU Debt Fund good?

Banking & PSU Debt Funds have the potential to generate higher returns than bank fixed deposits but at the same time carries slightly higher risk. This category is suitable for investors with a moderate risk profile and an investment horizon of 2-3 years.

What is PSU Debt Fund?

Introduced by SEBI, Banking and PSU fund is a kind of open-ended debt funds. As the name suggests these funds are primarily invested in debt instruments of Banks and Private Sector Undertakings. Though these funds are the safest means of investment, the return in these funds depends majorly on the market conditions.

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What is the purpose of a debt fund?

Debt funds aim to generate returns for investors by investing their money in avenues like bonds and other fixed-income securities. This means that these funds buy the bonds and earn interest income on the money. The yields that mutual fund investors receive is based on this.

What are disadvantages of debt investment?

List of the Disadvantages of Debt Financing

  • You need to pay back the debt.
  • It can be expensive.
  • Some lenders might put restrictions on how the money can get used.
  • Collateral may be necessary for some forms of debt financing.
  • It can create cash flow challenges for some businesses.

Which debt fund is best for long term?

EQUITY HYBRID DEBT OTHERS Filter

Scheme Name Plan 1W
IDFC Bond Fund – Medium Term Plan – Direct Plan – Growth Direct Plan 0.03\%
Medium to Long Duration Fund
IDFC Bond Fund – Income Plan – Direct Plan – Growth Direct Plan 0.02\%
Money Market Fund
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How debt fund is better than FD?

For instance, if you have invested in an FD at 6\% interest, and the inflation rate is 5\%, the adjusted return would be merely 1\%. Debt funds may deliver relatively higher returns….Inflation Adaptability of Debt Mutual Funds and FDs.

Particulars Debt Funds Fixed Deposits
Return rate 7\% 7\%
Holding period 3 years 3 years