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

1001.749 (0.022%)

NAV on May 30, 2023

Category Fixed income:

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 339 cr

Turnover Ratio 390.60%

Expense Ratio 0.15%

Exit Load -

Returns

1M: 0.71%
1Y: 7.00%
3M: 2.73%
3Y: N/A
6M: 3.77%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Aditya Pagaria (Since almost 2 years) Hardik Shah (Since over 1 year)

ISIN INF846K018A7

Fund Family Axis

Launch Date July 29, 2021

Benchmark Crisil Low Duration Debt TR INR

Avg. Maturity 3.15 years

Yield To Maturity (%) 7.60%

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

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Top Performing

Top Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	388.767	7.76%	12,451 cr	0.62%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	42.982	7.08%	15,867 cr	0.26%	Below Average
Kotak Floating Rate Fund Direct Growth	1303.158	6.87%	4,880 cr	0.23%	High
Nippon India Floating Rate Fund Direct Plan Growth Plan	40.205	6.80%	7,264 cr	0.30%	Average

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	388.767	7.76%	12,451 cr	0.62%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	42.982	7.08%	15,867 cr	0.26%	Below Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	303.850	6.94%	12,150 cr	0.23%	Below Average
Kotak Floating Rate Fund Direct Growth	1303.158	6.87%	4,880 cr	0.23%	High

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth		1102.548	7.03%	339 cr	0.15%	-

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Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

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Axis Floater Fund Direct Growth

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Axis Credit Risk Fund Direct Growth

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Low Duration

Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl