Item: Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl
Rating: 3
Author: Morningstar

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

1019.218 (0.041%)

NAV on March 31, 2025

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Extensive Sensitivity High Quality

Total Assets 163 cr

Turnover Ratio 664.95%

Expense Ratio 0.19%

Exit Load -

Returns

1M: 1.81%
1Y: 6.26%
3M: 1.05%
3Y: 6.70%
6M: 0.34%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

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

ISIN INF846K018A7

Fund Family Axis

Launch Date July 29, 2021

Benchmark NIFTY Long Duration Debt Index TR INR

Avg. Maturity 19.59 years

Yield To Maturity (%) 6.96%

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.

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Top Performing

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Floater Fund Direct Growth	1294.782	10.10%	163 cr	0.19%	High
ICICI Prudential Floating Interest Fund Direct Plan Growth	452.695	8.62%	7,189 cr	0.55%	Above Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	46.398	8.61%	7,593 cr	0.32%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	49.787	8.57%	14,969 cr	0.26%	Below Average