Item: Axis Floater Fund Direct Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Floater Fund Direct Growth

1171.877 (0.016%)

NAV on April 26, 2024

Category Fixed income:

Interest rate sensitivity
Credit quality

N/A

Total Assets 262 cr

Turnover Ratio 412.88%

Expense Ratio 0.20%

Exit Load -

Returns

1M: 0.15%
1Y: 7.09%
3M: 1.69%
3Y: N/A
6M: 4.35%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Aditya Pagaria (Since almost 3 years) Hardik Shah (Since about 2 years)

ISIN INF846K014A6

Fund Family Axis

Launch Date July 29, 2021

Benchmark NIFTY Long Duration Debt Index TR INR

Avg. Maturity -

Yield To Maturity (%) -

INVESTMENT OBJECTIVE

To generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	419.901	8.87%	10,083 cr	0.61%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	46.148	8.17%	14,469 cr	0.26%	Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	325.267	7.80%	12,215 cr	0.23%	Low
Kotak Floating Rate Fund Direct Growth	1394.260	7.77%	3,871 cr	0.22%	Above Average

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	419.901	8.87%	10,083 cr	0.61%	Above Average
Franklin India Floating Rate Direct Growth	40.026	8.50%	267 cr	0.23%	Below Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth		1171.877	7.09%	262 cr	0.2%	-

Other plans of Axis Floater Fund

Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

Arbitrage Fund
Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

Arbitrage Fund

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Axis Strategic Bond Fund Direct Growth Option

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Axis Dynamic Bond Fund Direct Plan Growth Option

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Axis Gilt Fund Direct Plan Growth Option

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Axis Credit Risk Fund Direct Growth

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Low Duration

Axis Floater Fund Direct Growth