Axis Floater Fund - IDCW - Direct Plan

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  • 0.12 %Nav, as on 04-12-2023

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  • Net Change on 04-12-2023

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  • Assets (Cr.)

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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
CRISIL Medium Duration Debt Index N/A N/A N/A N/A N/A N/A
NIFTY 1 Year T-Bill 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 7.71 5.66 6.40 0.26 16,419.94
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW Jan 01, 2013 7.68 5.65 6.41 0.26 16,419.94
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW Jan 01, 2013 7.46 5.53 6.31 0.26 16,419.94
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW Jan 01, 2013 7.63 5.44 6.23 0.23 13,078.62
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW Jan 01, 2013 7.62 5.39 6.17 0.23 13,078.62

Fund Holdings as on 30-November-2023

  • 7.06% Government of India (10/04/2028)

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

  • 7.17% Government of India (17/04/2030)

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

  • 4.7% Government of India (22/09/2033)

  • 7.83% Small Industries Dev Bank of India (24/11/2028)

  • 7.78% Bihar State Development Loans (01/11/2031)

  • 7.26% Government of India (22/08/2032)

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

  • Clearing Corporation of India Ltd

  • Net Receivables / (Payables)

  • First Business Receivables Trust (01/01/2025) **

  • 8.3774% HDB Financial Services Limited (24/04/2026)

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

  • Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (08/01/2024) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -AXIS BANK (07/12/2023) (FV 3000 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -NOMURA (06/12/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (06/12/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (30/01/2024) (FV 2500 Lacs)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 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 AAA

  • CRISIL AAA(SO)

  • 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 ₹300.72 crore. Axis Floater Fund is benchmarked against CRISIL Medium Duration Debt Index as primary index and NIFTY 1 Year T-Bill Index as secondary index.

The NAV of Axis Floater Fund ended up ₹1.27(0.12%)yesterday to ₹1100.8489.

Among its top 3 holdings the fund has exposure to 7.06% Government of India (10/04/2028), and

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

Fund House Contact

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

022-43255161
022-43255199
www.axismf.com