Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

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NAV on May 13, 2025
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Extensive Sensitivity High Quality
Total Assets 181 cr
Turnover Ratio 664.95%
Expense Ratio 0.19%
Exit Load -
Returns
  • 1M: 1.16%
  • 1Y: 11.78%
  • 3M: 4.43%
  • 3Y: 8.72%
  • 6M: 6.12%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Aditya Pagaria (Since almost 4 years) Hardik Shah (Since over 3 years)
ISIN INF846K017A9
Fund Family Axis
Launch Date July 29, 2021
Benchmark NIFTY Long Duration Debt Index TR INR
Avg. Maturity 17.27 years
Yield To Maturity (%) 7.53%
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 1.825
Sharpe 0.881
Std Dev 2.092
Risk High
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
1322.011 11.82% 181 cr 0.19% High
47.191 9.62% 7,731 cr 0.32% Average
50.535 9.22% 14,469 cr 0.26% Below Average
458.870 9.12% 7,227 cr 0.55% Above Average


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