Item: Axis Floater Fund Direct Growth
Rating: 4
Author: Morningstar

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

1387.135 (0.291%)

NAV on June 05, 2026

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 149 cr

Turnover Ratio 605.83%

Expense Ratio 0.20%

Exit Load -

Returns

1M: 0.61%
1Y: 4.16%
3M: 1.13%
3Y: 7.90%
6M: 2.62%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Aditya Pagaria (Since almost 5 years) Hardik Shah (Since over 4 years)

ISIN INF846K014A6

Fund Family Axis

Launch Date July 29, 2021

Benchmark NIFTY Long Duration Debt Index TR INR

Avg. Maturity 9.26 years

Yield To Maturity (%) 7.36%

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

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Top Performing

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	492.012	6.49%	7,492 cr	0.26%	Below Average
Franklin India Floating Rate Direct Growth	47.155	5.92%	290 cr	0.23%	Above Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	377.700	5.85%	13,441 cr	0.21%	Low
HDFC Floating Rate Debt - Direct Plan - Growth Option	53.838	5.72%	16,432 cr	0.31%	Below Average