Skip to main content

Instant redemption funds, UPI payments, KYC and more on the MobiKwik App!

Download close button
Home › Mutual Funds › Axis Mutual Fund › Axis Floater Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Floater Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Add To Compare

NAV: ₹1005.581 (0.077%)
NAV on August 13, 2026
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Total Assets ₹124 cr
Turnover Ratio 605.83%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: Positive return: 0.71%
  • 1Y: Positive return: 8.10%
  • 3M: Positive return: 3.59%
  • 3Y: Positive return: 7.70%
  • 6M: Positive return: 4.90%
  • 5Y: Positive return: 6.75%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since about 5 years) Hardik Shah (Since over 4 years)
ISIN INF846K011B0
Fund Family Axis
Launch Date July 29, 2021
Benchmark NIFTY Long Duration Debt Index TR INR
Avg. Maturity 14.41 years
Yield To Maturity (%) 7.56%

Asset Allocation

  • Equity: 3.7%
  • Debt: 68.0%
  • Cash: 27.3%
  • Other: 1.0%
CREDIT QUALITY (%)
AAA 77.47%
AA 22.53%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Long Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.695
Sharpe 0.410
Std Dev 2.523
Risk High
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.

View Factsheet

Top Floating Rate Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
AXIS ASSET MANAGEMENT COMPANY LIMITED logo
Axis Floater Fund Direct Growth
₹ 1428.832 8.13% ₹ 124 cr 0.22% High
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Floating Interest Fund Direct Plan Growth
₹ 501.535 7.16% ₹ 8,464 cr 0.26% Below Average
FRANKLIN TEMPLETON ASSET MANAGEMENT (INDIA) PVT. LTD. logo
Franklin India Floating Rate Direct Growth
₹ 47.992 6.71% ₹ 279 cr 0.23% Average
HDFC AMC LTD. logo
HDFC Floating Rate Debt - Direct Plan - Growth Option
₹ 54.833 6.57% ₹ 16,452 cr 0.27% Below Average


Other plans of Axis Floater Fund


Other Debt funds by Axis

Data Partner Morningstar Logo – Data Partner
Visit AMC website to read all scheme related documents Axis Fund