Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl

Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl

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Debt
Direct
Floating Rate
NAV: ₹ 1171.95 as on 27-05-2024

About the Fund

Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 29 July, 2021. The fund is managed by Hardik Shah, Aditya Pagaria. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl has ₹252 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance

Overview

Expense ratio
Expense ratio
0.19%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹252 Cr
Inception Date
Inception Date
29 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
412.88%

Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.5%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
77.3%
Cash Equivalent
18.8%
Corporate
4%

Top Holdings of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings10
Holdings
Weight%
1M Change
7.26% Govt Stock 2033
7.26% Govt Stock 2033
27.86%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
27.74%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
12.02%
33.3%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
3.98%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
3.97%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 252.4 Cr
₹ 279.2 Cr
₹ 300.6 Cr
  • AUM of the fund stands at 252.4 Cr as of Apr'24
  • AUM decreased by 26.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Hardik Shah
Hardik Shah
Fund Manager of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl, since 31 January 2022
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl, since 29 July 2021

Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.39% since inception which is more than its category average return of 5.1%
AUM size ₹252 Cr

AUM size ₹252 Cr

This fund has AUM of ₹252 Cr which is less than its category average of ₹ 4697 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl is ₹1171.95 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.78%
1.78%
6 Month Returns
5.28%
5.28%
1 Year Returns
8.18%
8.18%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.19% as on April 2024
₹252 Cr as on April 2024
7.26% Govt Stock 2033(27.86%), 7.18% Govt Stock 2037(27.74%), 7.3% Govt Stock 2053(12.02%), 7.25% Govt Stock 2063(3.98%), 7.18% Govt Stock 2033(3.97%) as on April 2024
Government(87.53%), Cash Equivalent(6.52%), Corporate(5.95%) as on April 2024
Yield to Maturity is 7.26 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 5.94 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Hardik Shah, Aditya Pagaria are the fund managers of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl
The Exit load of Axis Floater Fund Direct Annually Payout Inc Dist cum Cap Wdrl is 0%