Axis Floater Fund Direct Growth
DebtFloating RateModerate Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹166 Cr
Expense Ratio
0.19%
ISIN
INF846K014A6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
29 Jul 2021
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹1311.85, Assets Under Management (AUM) of 166.19 Crores, and an expense ratio of 0.19%.
- Axis Floater Fund Direct Growth has given a CAGR return of 7.57% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 91.99% in debts, and 7.25% in cash & cash equivalents.
- You can start investing in Axis Floater Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+12.07%
+9.09% (Cat Avg.)
3 Years
+8.48%
+7.46% (Cat Avg.)
Since Inception
+7.57%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Debt | ₹152.87 Cr | 91.99% |
| Others | ₹13.31 Cr | 8.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹41.41 Cr | 24.92% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹25.82 Cr | 15.53% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.72 Cr | 9.46% |
| West Bengal (Government of) 7.29% | Bond - Sub-sovereign Government Debt | ₹14.8 Cr | 8.91% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.36 Cr | 6.24% |
| Net Receivables / (Payables) | Cash - Collateral | ₹10.31 Cr | 6.20% |
| LIC Housing Finance Ltd. 7.58% | Bond - Corporate Bond | ₹10.11 Cr | 6.08% |
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹9.3 Cr | 5.60% |
| State Government Securities (27/02/2038) | Bond - Gov't/Treasury | ₹5.1 Cr | 3.07% |
| 7.17% Maharashtra State Development Loans (27/02/2037) | Bond - Gov't/Treasury | ₹5.09 Cr | 3.06% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.07 Cr | 3.05% |
| Pipeline Infrastructure Ltd. 7.96% | Bond - Corporate Bond | ₹5.07 Cr | 3.05% |
| Pipeline Infrastructure Pvt Ltd. | Bond - Corporate Bond | ₹5.05 Cr | 3.04% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹1.73 Cr | 1.04% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹1.27 Cr | 0.76% |
| Interest Rate Swaps Pay Fix Receive Floating -Idfc Bank (20/03/2028) (Fv 10 | Interest Rate Swap | ₹-0.02 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating -Ccil (25/04/2025) (Fv 3000 La | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (25/04/2025) (Fv 150 | Interest Rate Swap | ₹-0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹117.87 Cr | 70.92% |
| Bond - Corporate Bond | ₹20.23 Cr | 12.17% |
| Bond - Sub-sovereign Government Debt | ₹14.8 Cr | 8.91% |
| Cash - Collateral | ₹10.31 Cr | 6.20% |
| Cash - Repurchase Agreement | ₹1.73 Cr | 1.04% |
| Mutual Fund - Open End | ₹1.27 Cr | 0.76% |
| Interest Rate Swap | ₹-0.03 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
1.95%
Cat. avg.
1.12%
Lower the better
Sharpe Ratio
This fund
0.71
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.00
Higher the better
Fund Managers
Aditya Pagaria
Since July 2021
Hardik Shah
Since January 2022
Additional Scheme Detailsas of 31st March 2025
ISIN INF846K014A6 | Expense Ratio 0.19% | Exit Load No Charges | Fund Size ₹166 Cr | Age 3 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Long Duration Debt Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Floating Interest Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹6963.88 Cr | 9.2% |
| Nippon India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹7645.68 Cr | 9.5% |
| UTI Floater Fund Direct Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1384.92 Cr | 8.1% |
| UTI Floater Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1384.92 Cr | 7.6% |
| HDFC Floating Rate Debt Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹14724.14 Cr | 9.0% |
| SBI Floating Rate Debt Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹1226.01 Cr | 8.9% |
| SBI Floating Rate Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1226.01 Cr | 9.1% |
| Aditya Birla Sun Life Floating Rate Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹13274.93 Cr | 8.4% |
| Baroda BNP Paribas Floater Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹17.70 Cr | 8.4% |
| Baroda BNP Paribas Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹17.70 Cr | 8.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,02,943 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Floater Fund Direct Growth?
What are the returns of Axis Floater Fund Direct Growth?
What is the portfolio composition of Axis Floater Fund Direct Growth?
Who manages the Axis Floater Fund Direct Growth?
- Aditya Pagaria
- Hardik Shah
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
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Axis Floater Fund Direct Growth
DebtFloating RateModerate Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹166 Cr
Expense Ratio
0.19%
ISIN
INF846K014A6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
29 Jul 2021
Risk Level
Your principal amount will be at Moderate Risk
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹1311.85, Assets Under Management (AUM) of 166.19 Crores, and an expense ratio of 0.19%.
- Axis Floater Fund Direct Growth has given a CAGR return of 7.57% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 91.99% in debts, and 7.25% in cash & cash equivalents.
- You can start investing in Axis Floater Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+12.07%
+9.09% (Cat Avg.)
3 Years
+8.48%
+7.46% (Cat Avg.)
Since Inception
+7.57%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Debt | ₹152.87 Cr | 91.99% |
| Others | ₹13.31 Cr | 8.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹41.41 Cr | 24.92% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹25.82 Cr | 15.53% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.72 Cr | 9.46% |
| West Bengal (Government of) 7.29% | Bond - Sub-sovereign Government Debt | ₹14.8 Cr | 8.91% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.36 Cr | 6.24% |
| Net Receivables / (Payables) | Cash - Collateral | ₹10.31 Cr | 6.20% |
| LIC Housing Finance Ltd. 7.58% | Bond - Corporate Bond | ₹10.11 Cr | 6.08% |
| 7.3% Govt Stock 2028 | Bond - Gov't/Treasury | ₹9.3 Cr | 5.60% |
| State Government Securities (27/02/2038) | Bond - Gov't/Treasury | ₹5.1 Cr | 3.07% |
| 7.17% Maharashtra State Development Loans (27/02/2037) | Bond - Gov't/Treasury | ₹5.09 Cr | 3.06% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.07 Cr | 3.05% |
| Pipeline Infrastructure Ltd. 7.96% | Bond - Corporate Bond | ₹5.07 Cr | 3.05% |
| Pipeline Infrastructure Pvt Ltd. | Bond - Corporate Bond | ₹5.05 Cr | 3.04% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹1.73 Cr | 1.04% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹1.27 Cr | 0.76% |
| Interest Rate Swaps Pay Fix Receive Floating -Idfc Bank (20/03/2028) (Fv 10 | Interest Rate Swap | ₹-0.02 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating -Ccil (25/04/2025) (Fv 3000 La | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Icisecpd (25/04/2025) (Fv 150 | Interest Rate Swap | ₹-0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹117.87 Cr | 70.92% |
| Bond - Corporate Bond | ₹20.23 Cr | 12.17% |
| Bond - Sub-sovereign Government Debt | ₹14.8 Cr | 8.91% |
| Cash - Collateral | ₹10.31 Cr | 6.20% |
| Cash - Repurchase Agreement | ₹1.73 Cr | 1.04% |
| Mutual Fund - Open End | ₹1.27 Cr | 0.76% |
| Interest Rate Swap | ₹-0.03 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
1.95%
Cat. avg.
1.12%
Lower the better
Sharpe Ratio
This fund
0.71
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.00
Higher the better
Fund Managers
Aditya Pagaria
Since July 2021
Hardik Shah
Since January 2022
Additional Scheme Detailsas of 31st March 2025
ISIN INF846K014A6 | Expense Ratio 0.19% | Exit Load No Charges | Fund Size ₹166 Cr | Age 3 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Long Duration Debt Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| ICICI Prudential Floating Interest Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹6963.88 Cr | 9.2% |
| Nippon India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹7645.68 Cr | 9.5% |
| UTI Floater Fund Direct Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1384.92 Cr | 8.1% |
| UTI Floater Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1384.92 Cr | 7.6% |
| HDFC Floating Rate Debt Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹14724.14 Cr | 9.0% |
| SBI Floating Rate Debt Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹1226.01 Cr | 8.9% |
| SBI Floating Rate Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1226.01 Cr | 9.1% |
| Aditya Birla Sun Life Floating Rate Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹13274.93 Cr | 8.4% |
| Baroda BNP Paribas Floater Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹17.70 Cr | 8.4% |
| Baroda BNP Paribas Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹17.70 Cr | 8.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,02,943 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Floater Fund Direct Growth?
What are the returns of Axis Floater Fund Direct Growth?
What is the portfolio composition of Axis Floater Fund Direct Growth?
Who manages the Axis Floater Fund Direct Growth?
- Aditya Pagaria
- Hardik Shah
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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