Axis Floater Fund - Regular Plan - Monthly IDCW
Fund House: Axis Mutual Fund| Category: Debt: Floater |
| Launch Date: 26-07-2021 |
| Asset Class: |
| Benchmark: CRISIL Low Duration Debt |
| TER: 0.57% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 279.22 Cr As on (31-03-2024) |
| Turn over: - | Exit Load: Nil |
1001.0
-4.35 (-0.4343%)
5.38%
Benchmark: 8.69%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks 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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | |
| Alpha | |
| Beta | |
| Yield to Maturity | 8.09 |
| Average Maturity | 10.46 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis Floater Fund - Regular Plan - Monthly IDCW | 26-07-2021 | 7.22 | 6.24 | - | - | - |
| ICICI Prudential Floating Interest Fund - Growth | 17-11-2005 | 8.19 | 7.11 | 6.05 | 6.76 | 7.3 |
| DSP Floater Fund - Regular Plan - Growth | 16-03-2021 | 8.05 | 6.64 | 5.58 | - | - |
| HDFC Floating Rate Debt Fund - Growth Option | 05-10-2007 | 7.96 | 6.93 | 6.05 | 6.81 | 7.49 |
| SBI Floating Rate Debt Fund - Regular Plan - Growth | 27-10-2020 | 7.95 | 6.68 | 5.79 | - | - |
| Franklin India Floating Rate Fund - Growth Plan | 23-04-2001 | 7.75 | 6.6 | 5.55 | 5.75 | 6.05 |
| Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth | 01-06-2003 | 7.57 | 6.72 | 5.92 | 6.59 | 7.48 |
| Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth | 01-06-2003 | 7.57 | 6.72 | 5.93 | 6.6 | 7.48 |
| Kotak Floating Rate Fund-Regular Plan-Growth Option | 05-05-2019 | 7.38 | 6.16 | 5.75 | - | - |
| Nippon India Floating Rate Fund - Growth Plan-Growth Option | 27-08-2004 | 7.23 | 6.24 | 5.53 | 6.9 | 7.36 |
Scheme Characteristics
Minimum investment in floating rate instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
