Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Floating Rate
NAV: ₹ 1120.4 as on 30-11-2023
Fund Performance
About the Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl
Axis Floater Fund Direct Annually Reinvestment 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
- Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has ₹302 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.2% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹302 Cr |
 | 29 July, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 412.88% |
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
84%
Corporate
9.9%
Cash Equivalent
4.2%
Securitize
1.8%
Top Holdings of Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl as on (31-Oct-23)
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 16.54% | 25% | |
7.06% Govt Stock 2028 | 16.47% | 0% | |
7.17% Govt Stock 2030 | 13.19% | 60% | |
7.68% Govt Stock 2028 | 11.54% | 0% | |
7.18% Govt Stock 2037 | 9.8% | 0% |
See all
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 302.7 Cr as of Oct'23
- AUM decreased by 4 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Hardik Shah
Fund Manager of Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 31 January 2022
Top funds managed
Aditya Pagaria
Fund Manager of Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 29 July 2021
Top funds managed
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.53% since inception which is more than its category average return of 4.98%
AUM size ₹302 Cr
This fund has AUM of ₹302 Cr which is less than its category average of ₹ 5145 Cr
Expense Ratio 0.2%
This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is ₹1120.43 as on 30-Nov-2023.
Existing (Absolute + CAGR) as on 30-Nov-2023.
Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.98% | 0.98% |
6 Month Returns | 2.91% | 2.91% |
1 Year Returns | 6.8% | 6.8% |
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.
0.2% as on October 2023
₹302 Cr as on October 2023
7.26% Govt Stock 2033(16.54%), 7.06% Govt Stock 2028(16.47%), 7.17% Govt Stock 2030(13.19%), 7.68% Govt Stock 2028(11.54%), 7.18% Govt Stock 2037(9.8%) as on October 2023
Government(84.55%), Corporate(9.97%), Cash Equivalent(3.64%) as on October 2023
Yield to Maturity is 7.75 as on October 2023. 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 3.83 as on October 2023. 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 Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Axis Floater Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is 0%