What the expense gap costs

A scheme’s expense ratio against its category average, in rupees, on a balance you choose.

Scheme 1,648 schemes · NAV as at 03 Sep 2026

Axis

Axis Banking & PSU Debt Fund Banking and PSU Fund · Regular Growth · Axis

AMC Axis Category Banking and PSU Fund NAV ₹2799.12 Launched 2012

Balance held

₹10,00,000

Held for

10 years

No return is assumed on either side. A total expense ratio is charged on the balance whether the market rises or falls, so holding the balance flat isolates the fee and nothing else. Both figures are as disclosed in the source.

Fee over 10y ₹35,422

This scheme’s expense ratio0.36%

Category average0.50%

Fee at this scheme’s ratio, 10 years₹35,422

Fee at the category average₹48,890

Difference₹13,468 less

See this scheme’s facts

Why this one is worth doing first

An expense ratio is the only number on this page that is known in advance. It is charged every year, on the whole balance, regardless of what the market does — which makes the gap between two ratios the most predictable rupee figure a distributor can put in front of you. Nothing here says a cheaper scheme is a better one.

How this is worked out

expense is the scheme’s disclosed total expense ratio; catExpense is the category average as disclosed in the source. Neither is a projection.

A category average is an average, not a benchmark to beat. It is disclosed for 1,293 of 1,648 schemes (78.5%).

Everything else this scheme discloses

NAV history, ratios, expense and load in one place — and a person to walk you through them.

Scheme facts →