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Mutual Funds

Axis Floater Fund

Ax

Axis Floater Fund

FloaterRank #1
1/5

NAV (2026-07-14)

1389.54

AUM

₹132.7 Cr

Exp. Ratio: 0.53%

RISK LEVEL

Moderately High

Returns & Performance

1 Year5.98%0.25% vs cat avgRank #3
3 Year8.01%0.57% vs cat avgRank #1
5 Year----
Since Launch6.86%--

Fund vs Category Average

1Y
5.98%+0.25%
3Y
8.01%+0.57%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
No lock-in period
Top-5 ranked in category for 1Y (#3)
Overall top-10 rank in category (#1)

Cons

No notable cons identified

ISININF846K012B8
NAV₹1389.54
NAV Date2026-07-14
AUM₹132.7 Cr
Expense Ratio0.53%
RiskModerately High
Rating1 / 5
Min SIP Amount₹1000
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance.

Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Top Holdings

Holdings data not available for this scheme