Fund Overview Growth | Regular 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 - Growth Option Oct 23, 2007 7.97 5.97 6.76 0.52 13,848.11
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.62 5.89 6.56 0.45 11,408.57
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 8.10 5.94 6.70 1.27 9,927.07
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 7.43 5.52 6.86 0.61 7,942.80
UTI - Floater Fund - Regular Plan - Growth Option Oct 30, 2018 Unrated 6.95 5.07 5.73 0.85 1,488.67

Fund Holdings as on 31-March-2024

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

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

  • 7.47% Chhattisgarh State Development Loans (20/03/2033)

  • 7.48% Uttar Pradesh State Development Loans (22/03/2040)

  • 7.39% Chhatisgarh State Development Loans (13/03/2033)

  • 7.96% Pipeline Infrastructure Private Limited (11/03/2029) **

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

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

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

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

  • Net Receivables / (Payables)

  • Clearing Corporation of India Ltd

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

  • Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (07/05/2024) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (07/05/2024) (FV 2500 Lacs)

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

  • Interest Rate Swaps Pay Fix Receive Floating -CCIL (29/04/2024) (FV 2500 Lacs)

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  • Miscellaneous

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Fund Manager

  • Cash

  • 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 ₹279.22 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 down ₹-3.3(-0.28%)yesterday to ₹1158.2314.

Among its top 3 holdings the fund has exposure to 7.18% Government of India (24/07/2037), 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