Axis Floater Fund - IDCW - Direct Plan

Item: Axis Floater Fund - IDCW - Direct Plan
Rating: 2
Author: PersonalFN

Invest Now

₹1023.386 0.22 %Nav, as on 16-09-2024
Previous Nav
₹ 1021.0951
Net Change on 16-09-2024
₹2.29
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 259.41
Expense Ratio
0.21%
(As on Aug 31, 2024)

Fund Overview IDCW | Direct Plan

Fund House
Axis Mutual Fund
Launch Date
29-Jul-2021
Benchmark
NIFTY 1 Year T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
NIL
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
1116.86
52 Week Low Nav Date
09-Oct-2023
52 Week High Nav (₹)
1236.76
52 Week High Nav Date
16-Sep-2024

Fund Objective

To generate regular income through investment in a portfolio comprising predominantly of floatingrate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may alsoinvest a portion of its net assets in fixed rate debt and money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIFTY 1 Year T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Long Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW	Jan 01, 2013	8.06	6.51	6.47	0.23	12,671.53
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW	Jan 01, 2013	7.76	6.36	6.36	0.23	12,671.53
ICICI Prudential Floating Interest Fund - Direct Plan - Daily IDCW	Jan 01, 2013	8.14	6.67	7.15	0.56	8,965.52
ICICI Prudential Floating Interest Fund - Direct Plan - IDCW Others	Jan 19, 2016	8.14	6.71	7.43	0.56	8,965.52
ICICI Prudential Floating Interest Fund - Direct Plan - Weekly IDCW	Jan 02, 2013	8.14	6.71	7.17	0.56	8,965.52

Fund Holdings as on 31-August-2024

Company % Assets
7.34% Government of India (22/04/2064)
24.07
7.18% Government of India (24/07/2037)
23.66
7.3% Government of India (19/06/2053)
13.99
7.26% Government of India (06/02/2033)
11.83
7.18% Government of India (14/08/2033)
5.89
7.46% Government of India (06/11/2073)
4.08
4.04% Government of India (04/10/2028)
3.59
Clearing Corporation of India Ltd
2.59
7.25% Government of India (12/06/2063)
1.98
7.96% Pipeline Infrastructure Private Limited (11/03/2028) **
1.94
7.96% Pipeline Infrastructure Private Limited (11/03/2027) **
1.94
9.02% Muthoot Finance Limited (14/07/2027) **
1.94
Net Receivables / (Payables)
1.06
7.1% Government of India (08/04/2034)
0.98
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2
0.46
Interest Rate Swaps Pay Fix Receive Floating -CCIL (13/09/2024) (FV 5500 Lacs)
0.00
Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (20/10/2024) (FV 2500 Lacs)
0.00
Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (13/09/2024) (FV 2000 Lacs)
0.00

Sector Holding%
Miscellaneous
90.07

Fund Manager

Aditya Pagaria

Education:PGDBM
Experience:
Basic Details:Mr. Aditya Pagaria is associated with ICICI Prudential AMC from May 2007 till date. Prior to working in Dealing function, he was handling NAV and fund accounting related functions.
Funds Managed:
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund
Axis Banking & PSU Debt Fund
Axis Banking & PSU Debt Fund
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund
Axis CRISIL IBX SDL May 2027 Index Fund
Axis CRISIL IBX SDL May 2027 Index Fund
Axis Equity Hybrid Fund
Axis Floater Fund
Axis Gold Fund
Axis Liquid Fund
Axis Money Market Fund
Axis Nifty SDL September 2026 Debt Index Fund
Axis Overnight Fund
Axis Short Term Fund
Axis Silver Fund of Fund
Axis Treasury Advantage Fund
Axis Banking & PSU Debt Fund
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund
Axis CRISIL IBX SDL May 2027 Index Fund
Axis Equity Hybrid Fund
Axis Floater Fund
Axis Gold Exchange Traded Fund
Axis Gold Fund
Axis Liquid Fund
Axis Money Market Fund
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Fund of Fund
Axis Nifty SDL September 2026 Debt Index Fund
Axis Overnight Fund
Axis Short Term Fund
Axis Silver ETF
Axis Silver Fund of Fund
Axis Treasury Advantage Fund
Axis Ultra Short Term Fund

Hardik Shah

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
16/09/2024
4.12
12/09/2024
2.50
11/09/2024
1.75
10/09/2024
1.74
09/09/2024
5.42
06/09/2024
0.85
05/09/2024
2.17
04/09/2024
3.36
03/09/2024
2.00
02/09/2024
3.82
29/08/2024
2.70
28/08/2024
1.90
27/08/2024
2.11
26/08/2024
5.71
23/08/2024
4.10
22/08/2024
4.78
21/08/2024
2.39
20/08/2024
1.60
19/08/2024
6.09
16/08/2024
4.75
14/08/2024
2.78
13/08/2024
1.65
12/08/2024
4.50
09/08/2024
2.37
08/08/2024
2.35
07/08/2024
2.09
06/08/2024
1.83
05/08/2024
5.61
02/08/2024
3.31
01/08/2024
2.49
31/07/2024
1.42
29/07/2024
5.60
26/07/2024
0.75
25/07/2024
2.46
24/07/2024
2.95
23/07/2024
22.83
22/07/2024
5.66
19/07/2024
2.83
18/07/2024
3.61
16/07/2024
1.47
15/07/2024
6.27
12/07/2024
3.72
11/07/2024
2.38
10/07/2024
1.88
09/07/2024
1.90
08/07/2024
5.20
05/07/2024
2.20
04/07/2024
2.47
03/07/2024
1.85
02/07/2024
1.92
01/07/2024
6.06
28/06/2024
2.17
27/06/2024
6.35
26/06/2024
1.91
25/06/2024
2.30
24/06/2024
5.73
21/06/2024
3.16
20/06/2024
2.54
19/06/2024
2.15
18/06/2024
7.60
14/06/2024
1.88
13/06/2024
2.38
12/06/2024
1.84
11/06/2024
1.79
10/06/2024
5.59
07/06/2024
2.13
06/06/2024
1.98
05/06/2024
4.25
04/06/2024
11.46
03/06/2024
5.86
31/05/2024
6.97
30/05/2024
0.60
29/05/2024
1.85
28/05/2024
1.85
27/05/2024
6.02
24/05/2024
4.38
22/05/2024
1.84
21/05/2024
7.66
17/05/2024
0.80
14/05/2024
2.33
13/05/2024
6.48
10/05/2024
8.35
09/05/2024
1.94
08/05/2024
1.91
07/05/2024
1.87
06/05/2024
5.66
03/05/2024
7.65
02/05/2024
16.34
29/04/2024
3.67
23/04/2024
3.23
15/04/2024
4.83
10/04/2024
3.38
08/04/2024
6.72
05/04/2024
1.96
04/04/2024
1.89
03/04/2024
1.89
02/04/2024
7.27
27/03/2024
9.17
26/03/2024
7.72
22/03/2024
1.95
21/03/2024
8.68
20/03/2024
1.88
19/03/2024
6.75
18/03/2024
5.72
15/03/2024
1.93
14/03/2024
1.92
13/03/2024
1.88
12/03/2024
6.66
11/03/2024
7.89
07/03/2024
2.82
06/03/2024
1.77
05/03/2024
10.28
04/03/2024
5.97
01/03/2024
1.88
29/02/2024
3.61
28/02/2024
1.49
27/02/2024
1.11
26/02/2024
5.65
23/02/2024
1.25
22/02/2024
1.91
21/02/2024
1.91
20/02/2024
7.65
16/02/2024
1.41
15/02/2024
3.02
14/02/2024
1.91
13/02/2024
1.91
12/02/2024
5.77
09/02/2024
1.95
08/02/2024
2.32
07/02/2024
1.81
06/02/2024
1.54
05/02/2024
5.37
02/02/2024
1.98
01/02/2024
2.17
31/01/2024
1.77
30/01/2024
0.20
29/01/2024
7.71
25/01/2024
5.77
24/01/2024
1.91
23/01/2024
7.58
19/01/2024
2.03
18/01/2024
2.19
17/01/2024
1.90
16/01/2024
1.88
15/01/2024
5.70
12/01/2024
2.03
11/01/2024
2.03
10/01/2024
1.88
09/01/2024
5.27
08/01/2024
13.93
29/12/2023
8.20
26/12/2023
9.89
22/12/2023
1.34
21/12/2023
1.79
20/12/2023
1.90
19/12/2023
8.11
18/12/2023
5.68
15/12/2023
1.88
14/12/2023
26.02
13/12/2023
7.32
07/12/2023
4.55
06/12/2023
8.23
05/12/2023
3.27
04/12/2023
3.45
29/11/2023
9.28
17/11/2023
7.24
16/11/2023
1.54
15/11/2023
22.60
13/11/2023
2.32
09/11/2023
2.62
08/11/2023
7.89
07/11/2023
8.36
06/11/2023
10.36
03/11/2023
4.74
02/11/2023
11.16
21/09/2023
4.09
20/09/2023
2.65
14/09/2023
14.48
13/09/2023
15.36
07/09/2023
6.40
04/09/2023
1.93
01/09/2023
3.37
30/08/2023
4.93
29/08/2023
2.05
28/08/2023
9.66
25/08/2023
1.46
24/08/2023
3.91
23/08/2023
7.41
21/08/2023
2.98
10/08/2023
5.69
09/08/2023
2.68
08/08/2023
0.85
02/08/2023
0.26
27/07/2023
1.19
26/07/2023
0.51
24/07/2023
7.23
20/07/2023
2.82
19/07/2023
1.63
18/07/2023
8.52
17/07/2023
6.56
14/07/2023
1.97
13/07/2023
15.95
12/07/2023
1.43
11/07/2023
10.83
05/07/2023
3.11
04/07/2023
5.08
03/07/2023
1.69
28/06/2023
5.79
20/06/2023
2.81
19/06/2023
3.07
16/06/2023
5.25
07/06/2023
2.84
06/06/2023
4.78
05/06/2023
3.75
01/06/2023
7.18
31/05/2023
2.93
30/05/2023
2.18
29/05/2023
3.72
26/05/2023
1.47
24/05/2023
0.41
22/05/2023
10.75
19/05/2023
2.44
18/05/2023
2.17
17/05/2023
4.31
16/05/2023
4.25
15/05/2023
4.89
12/05/2023
4.09
11/05/2023
2.69
10/05/2023
0.39
09/05/2023
1.16
08/05/2023
7.15
04/05/2023
6.22
03/05/2023
6.64
02/05/2023
6.46
28/04/2023
0.40
27/04/2023
2.75
26/04/2023
0.75
24/04/2023
9.23
21/04/2023
3.22
20/04/2023
4.60
19/04/2023
2.96
18/04/2023
2.92
17/04/2023
4.92
13/04/2023
3.42
12/04/2023
3.60
11/04/2023
0.07
10/04/2023
8.92
06/04/2023
20.05
05/04/2023
9.60
03/04/2023
6.19
31/03/2023
2.75
29/03/2023
5.28
27/03/2023
7.70
24/03/2023
7.23
23/03/2023
2.55
20/03/2023
12.71
17/03/2023
7.45
16/03/2023
1.07
15/03/2023
5.38
14/03/2023
2.37
13/03/2023
30.89
10/03/2023
1.77
06/03/2023
6.42
03/03/2023
1.81
03/02/2023
4.66
01/02/2023
11.48
19/01/2023
9.60
18/01/2023
3.20
13/01/2023
5.50
12/01/2023
9.11
11/01/2023
6.72
10/01/2023
6.53
09/01/2023
11.39
05/01/2023
2.22
04/01/2023
3.23
03/01/2023
4.51
02/01/2023
2.72
29/12/2022
2.21
27/12/2022
1.67
21/12/2022
2.18
19/12/2022
4.01
16/12/2022
0.44
14/12/2022
6.22
13/12/2022
2.07
05/12/2022
0.67
01/12/2022
14.61
30/11/2022
2.69
28/11/2022
4.57
24/11/2022
14.95
17/11/2022
4.89
16/11/2022
0.10
15/11/2022
14.11
14/11/2022
3.93
11/11/2022
25.41
10/11/2022
20.29
09/11/2022
6.08
02/11/2022
2.64
01/11/2022
0.76
27/10/2022
1.79
13/09/2022
5.86
09/09/2022
6.12
08/09/2022
6.78
06/09/2022
0.51
01/09/2022
3.09
26/08/2022
8.13
17/08/2022
26.75
12/08/2022
1.06
11/08/2022
13.29
10/08/2022
3.57
04/08/2022
4.19
02/08/2022
6.05
01/08/2022
10.86
29/07/2022
11.41
28/07/2022
9.99
27/07/2022
4.07
26/07/2022
0.06
25/07/2022
5.41
22/07/2022
4.43
18/07/2022
2.03
14/07/2022
2.45
13/07/2022
10.71
12/07/2022
8.63
06/07/2022
10.81
05/07/2022
4.04
04/07/2022
8.62
01/07/2022
6.11
30/06/2022
0.28
02/05/2022
3.88
29/04/2022
2.70
28/04/2022
0.27
27/04/2022
1.49
26/04/2022
3.53
25/04/2022
7.11
22/04/2022
4.80
05/04/2022
8.20
31/03/2022
9.88
28/03/2022
10.72
25/03/2022
8.44
24/03/2022
15.28
23/03/2022
3.20
22/03/2022
3.25
21/03/2022
6.34
17/03/2022
2.18
16/03/2022
5.32
15/03/2022
4.32
14/02/2022
1.73
11/02/2022
1.64
10/02/2022
4.94
31/01/2022
5.61
28/01/2022
0.80
27/01/2022
0.52
25/01/2022
3.17
24/01/2022
1.31
21/01/2022
4.42
20/01/2022
2.92
19/01/2022
1.74
18/01/2022
2.02
17/01/2022
0.63
14/01/2022
3.18
13/01/2022
2.60
12/01/2022
2.86
11/01/2022
10.18
10/01/2022
1.39
06/01/2022
3.72
05/01/2022
1.04
31/12/2021
2.40
16/12/2021
4.81
14/12/2021
0.28
13/12/2021
1.23
08/12/2021
3.24
07/12/2021
0.68
06/12/2021
2.67
03/12/2021
0.06
02/12/2021
1.70
30/11/2021
0.57
25/11/2021
0.53
24/11/2021
0.66
23/11/2021
0.10
22/11/2021
5.60
18/11/2021
1.51
17/11/2021
0.53
16/11/2021
0.38
15/11/2021
2.67
11/11/2021
1.69
09/11/2021
2.37
08/11/2021
1.90
22/10/2021
1.05
18/10/2021
1.15
13/10/2021
1.37
12/10/2021
4.89
11/10/2021
8.05
08/10/2021
4.41
07/10/2021
0.50
04/10/2021
1.08
01/10/2021
3.77
30/09/2021
2.08
29/09/2021
0.47
28/09/2021
3.30
23/09/2021
2.46
21/09/2021
1.17
20/09/2021
3.65
17/09/2021
0.02
15/09/2021
3.19
14/09/2021
0.70
13/09/2021
2.53
06/09/2021
3.29
02/09/2021
1.75
01/09/2021
5.26
31/08/2021
1.85
30/08/2021
6.18
27/08/2021
2.92
23/08/2021
3.21
20/08/2021
2.19
18/08/2021
1.91
17/08/2021
26.81

Holding Type Holding %
Cash
3.65
CRISIL AA+
1.94
CRISIL AAA
3.88
Derivatives
0.00
Sovereign
90.07
Unrated
0.46

About Axis Floater Fund

Scheme Analysis

Axis Floater Fund is a Debt - Floater Fund fund and belongs to Axis Mutual Fund. It was launched on 29-Jul-2021 and currently has an AUM of ₹259.41 crore. Axis Floater Fund is benchmarked against NIFTY 1 Year T-Bill Index as primary index and NIFTY Long Duration Debt Index as secondary index.

The NAV of Axis Floater Fund ended up ₹2.29(0.22%)yesterday to ₹1023.386.

Among its top 3 holdings the fund has exposure to 7.34% Government of India (22/04/2064), and

The Axis Floater Fund is managed by Aditya Pagaria and Hardik Shah.

Fund House Contact

Address:

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel Mumbai - 400 013

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

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