Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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 Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW Jan 01, 2013 Unrated 8.18 6.27 6.62 0.26 14,535.71
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW Jan 01, 2013 Unrated 8.15 6.26 6.61 0.26 14,535.71
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW Jan 01, 2013 Unrated 8.15 6.14 6.52 0.26 14,535.71
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW Jan 01, 2013 7.90 6.18 6.41 0.23 12,802.24
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW Jan 01, 2013 7.76 6.08 6.33 0.23 12,802.24

Fund Holdings as on 31-May-2024

  • 7.26% Government of India (06/02/2033)

  • 7.18% Government of India (24/07/2037)

  • 7.3% Government of India (19/06/2053)

  • 7.34% Government of India (22/04/2064)

  • 7.25% Government of India (12/06/2063)

  • 7.18% Government of India (14/08/2033)

  • 4.04% Government of India (04/10/2028)

  • Net Receivables / (Payables)

  • 7.96% Pipeline Infrastructure Private Limited (11/03/2028) **

  • 7.96% Pipeline Infrastructure Private Limited (11/03/2027) **

  • 9.02% Muthoot Finance Limited (14/07/2027) **

  • Clearing Corporation of India Ltd

  • SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2

  • Interest Rate Swaps Pay Fix Receive Floating -NOMURA (08/08/2024) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -CCIL (12/06/2024) (FV 5000 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (12/06/2024) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (05/08/2024) (FV 1500 Lacs)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 27/03/2024

  • 27/12/2023

  • 26/09/2023

  • 27/06/2023

  • 28/03/2023

  • 27/12/2022

  • 27/09/2022

  • 28/06/2022

  • 28/03/2022

  • 28/12/2021

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • Derivatives

  • Sov

  • Unrated

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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 ₹249.57 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 ₹0.72(0.06%)yesterday to ₹1154.8774.

Among its top 3 holdings the fund has exposure to 7.26% Government of India (06/02/2033), and

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

Fund House Contact

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

022-43255161
022-43255199
www.axismf.com