Axis Floater Fund - IDCW - Regular Plan

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  • 0.04 %Nav, as on 05-06-2023

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  • Net Change on 05-06-2023

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  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | 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 Low 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 - Daily IDCW Option Oct 23, 2007 6.93 5.84 6.00 0.48 14,927.49
HDFC Floating Rate Debt Fund - Monthly IDCW Option Oct 23, 2007 6.96 5.84 6.02 0.48 14,927.49
HDFC Floating Rate Debt Fund - Weekly IDCW Option Oct 23, 2007 6.75 5.72 5.92 0.48 14,927.49
Aditya Birla Sun Life Floating Rate Fund-Regular - DAILY IDCW Oct 21, 2010 6.73 5.51 5.88 0.45 12,202.09
Aditya Birla Sun Life Floating Rate Fund-REGULAR - WEEKLY IDCW Oct 23, 2009 6.72 5.49 5.89 0.45 12,202.09

Fund Holdings as on 31-May-2023

  • Clearing Corporation of India Ltd

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

  • 182 Days Tbill (MD 31/08/2023)

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

  • 7.59% Power Finance Corporation Limited (17/01/2028)

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

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

  • 7.80% Housing Development Finance Corporation Limited (03/05/2033)

  • Punjab National Bank (07/03/2024)

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

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

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

  • 7.9237% Bajaj Housing Finance Limited (16/03/2026) **

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

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

  • Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (14/06/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (14/06/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -NOMURA (12/08/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (12/08/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (12/08/2023) (FV 2500 Lacs)

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 25/05/2023

  • 27/03/2023

  • 25/01/2023

  • 26/12/2022

  • 25/11/2022

  • 25/10/2022

  • 25/08/2022

  • 25/07/2022

  • 25/04/2022

  • 25/03/2022

  • 25/01/2022

  • 27/12/2021

  • 25/11/2021

  • 25/10/2021

  • 27/09/2021

  • 25/08/2021

  • Cash

  • CRISIL AAA

  • CRISIL AAA(SO)

  • Derivatives

  • ICRA A1+

  • 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 ₹334.91 crore. Axis Floater Fund is benchmarked against CRISIL Low Duration Debt Index as primary index and NIFTY 1 Year T-Bill Index as secondary index.

The NAV of Axis Floater Fund ended up ₹0.35(0.04%)yesterday to ₹1003.0518.

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