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

1008.129 (-0.078%)

NAV on February 21, 2025

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Extensive Sensitivity High Quality

Total Assets 175 cr

Turnover Ratio 664.95%

Expense Ratio 0.20%

Exit Load -

Returns

1M: -0.40%
1Y: 5.98%
3M: -0.55%
3Y: 6.57%
6M: 0.84%
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 19.61 years

Yield To Maturity (%) 7.10%

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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	448.517	8.86%	7,198 cr	0.55%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	49.285	8.58%	15,085 cr	0.26%	Below Average
Axis Floater Fund Direct Growth	1265.713	8.54%	175 cr	0.20%	High
Nippon India Floating Rate Fund Direct Plan Growth Plan	45.881	8.47%	7,635 cr	0.32%	Average