AXIS FLOATER FUND

(An open ended debt scheme predominantly investing in floating rate instruments.
A relatively high interest rate risk and moderate credit risk.)

MARCH 2023

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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

DATE OF ALLOTMENT 29th July 2021
MONTHLY AVERAGE332.62Cr.
AS ON 31st March, 2023321.01Cr.
BENCHMARK CRISIL Low Duration Debt Index
Residual Maturity3.6 years
Modified Duration*1.79 year
Macaulay Duration*1.85 years
Annualised Portfolio YTM* 7.92%
*in case of semi annual YTM, it will be annualised
FUND MANAGER
Mr. Aditya Pagaria Work experience: 15 years. He has been managing this fund since 29th July 2021
Mr. Hardik Shah Work experience: 14 years. He has been managing this fund since 31st January 2022


 

Past performance may or may not be sustained in future. Different plans have different expense structure. Aditya Pagaria is managing the scheme since 29th July 2021 and he manages 16 schemes of Axis Mutual Fund & Hardik Shah is managing the scheme since 31st January 2022 and he manages 11 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 1000.


Regular Plan

Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is ₹1000. IDCW means Income Distribution cum Capital Withdrawal.


Entry Load : NA
Exit Load : Nil



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