Axis Floater Fund - Growth - Regular Plan

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  • (-0.01%)Nav, as on 27-09-2023

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  • Net Change on 27-09-2023

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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
CRISIL Short Term Bond 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 - Growth Option Oct 23, 2007 7.74 5.73 6.95 0.48 18,288.48
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.85 5.66 6.84 1.28 13,742
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.54 5.36 6.78 0.45 13,031.83
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 7.39 5.32 7.21 0.61 8,160.56
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 7.59 4.91 5.73 0.91 323.33

Fund Holdings as on 31-August-2023

  • Clearing Corporation of India Ltd

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

  • 7.59% Small Industries Dev Bank of India (10/02/2026) **

  • 7.58% National Bank For Agriculture and Rural Development (31/07/2026) **

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

  • 7.23% Indian Railway Finance Corporation Limited (15/10/2026)

  • 7.80% HDFC Bank Limited (03/05/2033)

  • 8.1059% Kotak Mahindra Investments Limited (18/07/2025) **

  • 6.50% Tata Capital Housing Finance Limited (15/06/2026) **

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

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

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

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

  • 7.46% REC Limited (30/06/2028) **

  • Net Receivables / (Payables)

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

  • 7.38% Government of India (20/06/2027)

  • Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (19/09/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -AXIS BANK (02/09/2023) (FV 3000 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -NOMURA (29/09/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (29/09/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (29/09/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Floating Receive Fix -HSBC BANK (07/07/2028) (FV 2000 Lacs)

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL AAA

  • CRISIL AAA(SO)

  • Derivatives

  • Sovereign

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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 ₹309.89 crore. Axis Floater Fund is benchmarked against CRISIL Short Term Bond Index as primary index and NIFTY 1 Year T-Bill Index as secondary index.

The NAV of Axis Floater Fund ended down ₹-0.08(-0.01%)yesterday to ₹1114.6371.

Among its top 3 holdings the fund has exposure to Clearing Corporation of India Ltd, 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