Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Floater Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

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NAV on June 18, 2024
Category Fixed income:
Interest rate sensitivity
Credit quality
Moderate Sensitivity High Quality
Total Assets 250 cr
Turnover Ratio 412.88%
Expense Ratio 0.19%
Exit Load -
Returns
  • 1M: 0.31%
  • 1Y: 7.02%
  • 3M: 1.26%
  • 3Y: N/A
  • 6M: 3.49%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since almost 3 years) Hardik Shah (Since over 2 years)
ISIN INF846K018A7
Fund Family Axis
Launch Date July 29, 2021
Benchmark NIFTY Long Duration Debt Index TR INR
Avg. Maturity 10.17 years
Yield To Maturity (%) 7.26%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Long Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -
Sharpe -
Std Dev -
Risk -
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 Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
424.360 8.80% 9,728 cr 0.61% Above Average
46.670 8.18% 14,536 cr 0.26% Below Average
328.779 7.87% 12,802 cr 0.23% Low
43.406 7.66% 7,956 cr 0.31% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
40.508 8.53% 280 cr 0.22% Below Average


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