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 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
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%
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 Crisil Low Duration Debt 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
388.767 7.76% 12,451 cr 0.62% Average
42.982 7.08% 15,867 cr 0.26% Below Average
1303.158 6.87% 4,880 cr 0.23% High
40.205 6.80% 7,264 cr 0.30% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
388.767 7.76% 12,451 cr 0.62% Average
42.982 7.08% 15,867 cr 0.26% Below Average
303.850 6.94% 12,150 cr 0.23% Below Average
1303.158 6.87% 4,880 cr 0.23% High
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1102.548 7.03% 339 cr 0.15% -


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