Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Floating Rate
NAV: ₹ 1001.7 as on 30-05-2023
Fund Performance
About the Fund
Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 29 July, 2021. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.
Key parameters
1) Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹1001.749 as on 30-05-2023.
2) Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹339 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.15 %.
Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.15% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹339 Cr |
 | 29 July, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 390.6% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
55.5%
Corporate
27%
Cash Equivalent
15.8%
Securitize
1.6%
Top Holdings of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl as on (30-Apr-23)
Debt Holdings6
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.74 11/15/2026 12:00:00 Am | 31.06% | -95.2% | |
7.59 1/11/2026 12:00:00 Am | 29.44% | 0% | |
5.63 4/12/2026 12:00:00 Am | 16.73% | -25% | |
7.42 9/22/2033 12:00:00 Am | 11.6% | 0% | |
7.01 10/4/2028 12:00:00 Am | 6.89% | 0% |
See all
Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.16% whereas the fund’s underlying benchmark Floating Rate Index returns stands at 0.46% as on Apr'23
- This fund underperformed Floating Rate Index by 0.30% in Apr'23
AUM Change
- AUM of the fund stands at 328.2 Cr as of Apr'23
- AUM increased by 7.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Aditya Pagaria
Fund Manager of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl, since 29 July 2021
Top funds managed
Hardik Shah
Fund Manager of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl, since 31 January 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.44% since inception which is more than its category average return of 4.88%
AUM size ₹339 Cr
This fund has AUM of ₹339 Cr which is less than its category average of ₹ 5051 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹1001.75 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 7.02% | 7.02% |
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.
0.15% as on April 2023
₹339 Cr as on April 2023
5.74 11/15/2026 12:00:00 Am(31.06%), 7.59 1/11/2026 12:00:00 Am(29.44%), 5.63 4/12/2026 12:00:00 Am(16.73%), 7.42 9/22/2033 12:00:00 Am(11.6%), 7.01 10/4/2028 12:00:00 Am(6.89%) as on April 2023
Government(59.32%), Corporate(26.22%), Cash Equivalent(12.89%) as on January 1
Yield to Maturity is 7.6 as on April 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 1.37 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Aditya Pagaria, Hardik Shah are the fund managers of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Axis Floater Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is 0%