3 Year return
7.05%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹259.41 Cr.
Expense Ratio
0.21% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Axis Mutual Fund Managers
AP
Aditya Pagaria
Fund Manager since Mar 2019
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Floating Interest Fund |
6.76% |
4 |
Nippon India Floating Rate Fund |
6.35% |
2.5 |
Kotak Floating Rate Fund |
6.29% |
3 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Floater Fund Direct Plan Growth
The Axis Floater Fund Direct Plan Growth is an open-ended dynamic asset allocation mutual fund scheme that invests in a portfolio of equity and debt securities. The fund's asset allocation is managed dynamically to adjust the risk-reward profile of the fund according to market conditions. The fund is managed by Axis Mutual Fund, one of the leading asset management companies in India.
Investment Objectives of the Scheme
The investment objective of the Axis Floater Fund Direct Plan Growth is to generate income and capital appreciation for its investors by investing in a diversified portfolio of equity and debt securities.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.21% |
Fund Manager | Aditya Pagaria |
Fund Size | ₹259.41 Cr |
Risk Profile | Moderately Low |
Is This Scheme Right for Me?
The Axis Floater Fund Direct Plan Growth is a good option for investors who are looking for a balanced investment that can generate income and capital appreciation. The fund is suitable for investors who have a medium risk tolerance and who are looking for a relatively stable investment. However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Ready to Invest? Start Your SIP Now!
FAQs
What is today's NAV of Axis Floater Fund?
What is the AUM of Axis Floater Fund?
What is the expense ratio of Axis Floater Fund?
What are the returns of Axis Floater Fund since inception?
What is the minimum SIP amount to invest in Axis Floater Fund?
How do I invest in Axis Floater Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Floater Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Floater Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Floater Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.