Axis Floater Fund - IDCW - Regular Plan

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  • (-0.03%)Nav, as on 01-12-2023

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  • Net Change on 01-12-2023

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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 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 - Daily IDCW Option Oct 23, 2007 7.46 5.42 6.19 0.48 16,419.94
HDFC Floating Rate Debt Fund - Monthly IDCW Option Oct 23, 2007 7.43 5.41 6.21 0.48 16,419.94
HDFC Floating Rate Debt Fund - Weekly IDCW Option Oct 23, 2007 7.22 5.29 6.10 0.48 16,419.94
Aditya Birla Sun Life Floating Rate Fund-Regular - DAILY IDCW Oct 21, 2010 7.36 5.17 5.97 0.46 13,078.62
Aditya Birla Sun Life Floating Rate Fund-REGULAR - WEEKLY IDCW Oct 23, 2009 7.14 5.12 5.95 0.46 13,078.62

Fund Holdings as on 31-October-2023

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

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

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

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

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

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

  • 7.78% State Government Securities (01/11/2031)

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

  • Net Receivables / (Payables)

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

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

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

  • 7.85% Bajaj Housing Finance Limited (01/09/2028) **

  • Clearing Corporation of India Ltd

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

  • Interest Rate Swaps Pay Fix Receive Floating -NOMURA (03/11/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (03/11/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (26/11/2023) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Fix Receive Floating -AXIS BANK (06/11/2023) (FV 3000 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

Most Recent Dividend

  • 28/11/2023

  • 25/09/2023

  • 25/08/2023

  • 25/07/2023

  • 26/06/2023

  • 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

  • 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 ₹302.67 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 down ₹-0.26(-0.03%)yesterday to ₹1001.3757.

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

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

022-43255161
022-43255199
www.axismf.com