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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
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.
Axis Asset Management Company Limited manages assets worth 222,545 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 33 equity,93 debt and 35 hybrid 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?
Recommended
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.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
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
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Axis Floater Fund (G)
About Axis Floater Fund (G)
Axis Floater Fund (G) is a Other Other fund and has delivered an annualised return of 0.1% 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 Other Other as of 2021-08-03 is ₹ 1001.0339. The total AUM (Asset Under Management) of the fund as of 2021-08-04 is ₹ . The category risk of the Axis Floater Fund (G) fund is Moderate Risk.
The fund charges 0.0 % as expense ratio.
Axis Floater Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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 meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Ultra Short Duration Debt TR INR
Axis Floater Fund (G) Review
Axis Floater Fund (G) has a score of 0 on a scale of 5. The fund scores 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 0 out of 5.
Scipbox has rated this fund 0 out of 5 based on consistency of performance over various years / tenures.
