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

1010.230 (0.048%)

NAV on August 01, 2025

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 158 cr

Turnover Ratio 605.83%

Expense Ratio 0.19%

Exit Load -

Returns

1M: 0.38%
1Y: 9.72%
3M: 0.72%
3Y: 8.45%
6M: 5.15%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Aditya Pagaria (Since about 4 years) Hardik Shah (Since over 3 years)

ISIN INF846K018A7

Fund Family Axis

Launch Date July 29, 2021

Benchmark NIFTY Long Duration Debt Index TR INR

Avg. Maturity 8.74 years

Yield To Maturity (%) 6.69%

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
Axis Floater Fund Direct Growth	1330.409	9.76%	158 cr	0.19%	High
Nippon India Floater Fund Direct Plan Growth Plan	48.052	9.42%	8,223 cr	0.35%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	51.466	8.94%	15,502 cr	0.26%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	467.722	8.80%	7,573 cr	0.55%	Average

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Franklin India Floating Rate Direct Growth	45.065	9.77%	355 cr	0.25%	Average
Axis Floater Fund Direct Growth	1330.409	9.76%	158 cr	0.19%	High
Kotak Floating Rate Fund Direct Growth	1564.516	9.53%	3,143 cr	0.25%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	467.722	8.80%	7,573 cr	0.55%	Average