• Mutual Funds
  • Axis Mutual Fund
  • Axis Floater Fund (Growth)
Axis Mutual Fund

Axis Floater Fund (Growth)

DebtFloater

1012.3265

NAV (Dec 06)

1.2%
Till Date CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

0 Years.

Relative Size

2,755 Cr.

Impact of Interest Rate Changes

.

Credit Quality Of Fund's Portfolio

.

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Short Term Money

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1012.3265

NAV (Dec 6)

Fund Returns

Last 1Y

NA

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

1.2%

6 Month CAGR

NA

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Scheme Information

Investment Objective

To generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low to Moderate Risk

Expense Ratio

0.73

Launched (0y ago)

Jul 29, 2021

AUM in Crores

2754.655

ISIN

INF846K012B8

Lock-in

No Lock-in

Benchmark

Crisil Low Duration Debt Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Aditya Pagaria

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 11,691 cr

5

₹ 33,567 cr

5

₹ 8,400 cr

5

₹ 31,118 cr

5

amc-icon

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 255,984 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,101 debt and 35 hybrid funds.

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  • tel-amc-about
    022-43255161
  • mail-amc-about
    customerservice@axismf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.8%

    7.2%

    19.7%

    13.5%

    26.5%

    19.5%

    4.3%

    6.8%

    25.6%

    19.2%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Axis Floater Fund (G)

    About Axis Floater Fund (G)

    Axis Floater Fund (G) is a Floater Debt fund and has delivered an annualised return of 1.2% over a period of 0 years. . The fund is managed by Axis Asset Management Company Limited. The fund manager’s name is Aditya Pagaria

    Axis Floater Fund (G) Investment Objective

    To generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved . However, there is no assurance that the objective of the scheme will be realized.

    Axis Floater Fund (G) NAV,AUM,Risk

    The Axis Floater Fund (G) fund was launched on Jul 29, 2021. The NAV (Net Asset Value) of this Floater Debt fund as of 2021-12-06 is ₹1012.33. The total AUM (Asset Under Management) of the fund as of 07/12/2021 is ₹2754.655. The category risk of the Axis Floater Fund (G) fund is Low to Moderate Risk. The fund charges 0.73 % as expense ratio.

    Axis Floater Fund (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 57.5% in this asset class. The top three holdings of the fund are , govt stock , reliance industries limited , clearing corporation of india ltd , export-import bank of india , net receivables / (payables) , l&t finance limited , piramal capital & housing finance limited , muthoot finance limited , lic housing finance limited , rural electrification corporation limited , rural electrification corporation limited , power finance corporation limited , power finance corporation limited , 7.37% govt stock 2023 , icici securities limited , deutsche investments india private limited , sikka ports & terminals limited , jamnagar utilities & power private limited , power finance corporation limited , 182 dtb 16122021 , tata capital financial services limited , housing development finance corporation limited , varanasi sangam expressway private limited , 7.16% govt stock 2023 , sundew properties limited , tata motors finance limited , mahindra rural housing finance limited , bharti hexacom limited , cholamandalam investment and fin. co. ltd , l&t finance limited , first business receivables trust , tata teleservices limited , first business receivables trust , tata teleservices limited , hinduja leyland finance limited , national bank for agriculture and rural development , 4.45% govt stock 2034 , icici securities limited , food corporation of india , infina finance private limited , rural electrification corporation limited , 06.69 mp sdl 2025 , power finance corporation limited , power finance corporation limited , power finance corporation limited , kotak mahindra investments limited , rural electrification corporation limited , 8.06% rajasthan sdl 2025

    Axis Floater Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Axis Floater Fund (G) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Crisil Low Duration Debt Index TR INR.

    Axis Floater Fund (G) Review

    Axis Floater Fund (G) has a score of 0 on a scale of 5. The fund has a score of 0 out of 5 based on historical performance. As compared to the other funds in its category, Axis Floater Fund (G) has a score of 0out of 5 The credit risk of the fund is 0 out of 5 as compared to other debt funds.

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