Item: Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

1010.597 (-0.029%)

NAV on April 13, 2026

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 147 cr

Turnover Ratio 605.83%

Expense Ratio 0.19%

Exit Load -

Returns

1M: 0.32%
1Y: 5.21%
3M: 1.49%
3Y: 7.99%
6M: 2.23%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

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

ISIN INF846K017A9

Fund Family Axis

Launch Date July 29, 2021

Benchmark NIFTY Long Duration Debt Index TR INR

Avg. Maturity 8.32 years

Yield To Maturity (%) 6.98%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	488.646	7.26%	7,215 cr	0.30%	Below Average
Franklin India Floating Rate Direct Growth	46.841	6.99%	314 cr	0.25%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	53.452	6.64%	16,766 cr	0.27%	Below Average
Nippon India Floater Fund Direct Plan Growth Plan	49.666	6.26%	8,347 cr	0.35%	Average