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  • Axis Floater Fund (Growth)
Axis Mutual Fund

Axis Floater Fund (Growth)

DebtFloater

1156.8985

NAV (Apr 19)

5.5%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1156.8985

NAV (Apr 19)

Fund Returns

Last 1Y
6.7%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
5.5%
6 Month CAGR
4.1%

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.

Expense Ratio
0.57
Launched (3y ago)
Jul 29, 2021
AUM in Crores
279.218
ISIN
INF846K012B8
Lock-in
No Lock-in
Benchmark
NIFTY Long Duration Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Hardik Shah

Fund Manager

Aditya Pagaria

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Floater Fund (Growth)70%8,61,233 1,28,6216.7%
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.

Asset allocation and Holdings

Last updated on 2024-04-19

Top Debt Holdings

7.18% govt stock 2037

37.9%
37.9%

7.26% govt stock 2033

25.4%
25.4%

chhattisgarh (government of) 7.47%

9%
9%

uttar pradesh (government of) 7.48%

7.2%
7.2%

chhattisgarh (government of) 7.39%

5.4%
5.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 13,895 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 272,718 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

4.9%

7.8%

5.5%

7%

5.8%

7.9%

5.8%

7%

-

4.9%

Axis Floater Fund (G) Review

Axis Floater Fund (G) is a Floater Debt fund and has delivered an annualised return of 5.5% over a period of 2 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Aditya Pagaria, Hardik Shah.

Nav of Axis Floater Fund (G) as of 4/19/2024 is ₹1156.90 with the total AUM as of 4/20/2024 is ₹279.218. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Floater Fund (G) was launched on Jul 29, 2021. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Axis Floater Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

Axis Floater Fund (G) 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 NIFTY Long Duration Debt Index TR INR.

Axis Floater Fund (G) is rated as a 0 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Floater Fund (G).

Frequently Asked Questions

What is Axis Floater Fund (G)?

Axis Floater Fund (G) is a Floater Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Floater Fund (G)?

You can invest in Axis Floater Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Floater Fund (G)?

The minimum sip amount for Axis Floater Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Floater Fund (G) good to invest in?

As per Scripbox experts, Axis Floater Fund (G) is a Not Reviewed Yet fund. You can investAxis Floater Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Floater Fund (G)?

The expense ratio of the Axis Floater Fund (G) is 0.57% for regular plan.