Item: Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

1010.912 (0.089%)

NAV on May 14, 2024

Category Fixed income:

Interest rate sensitivity
Credit quality

N/A

Total Assets 252 cr

Turnover Ratio 412.88%

Expense Ratio 0.20%

Exit Load -

Returns

1M: 0.56%
1Y: 7.10%
3M: 1.37%
3Y: N/A
6M: 4.13%
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF846K018A7

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

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	420.701	8.58%	9,867 cr	0.61%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	46.286	8.11%	14,483 cr	0.26%	Below Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	326.325	7.84%	12,215 cr	0.23%	Low