Our Opinion
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Our Opinion
Riskometer
Moderately High
₹1,369.6372 -0.09%
As on 20-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Axis Floater Fund - Direct Plan
|
|
|
Moderately High
|
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0.19 |
|
 |
|
Moderate
|
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0.27 |
||
|
|
Low to Moderate
|
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0.24 |
||
|
|
Low to Moderate
|
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0.30 |
||
 |
|
Moderate
|
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0.26 |
₹153 Cr
--
5,000
--
1,000
6
About Axis Floater Fund - Direct Plan
Axis Floater Fund - Direct Plan is a debt mutual fund scheme of Axis Mutual Fund. Launched on July 29, 2021, it is currently managed by Aditya Pagaria and Hardik Shah. The fund has an expense ratio of 0.19% with an overall AUM (Assets Under Management) of ₹153 Cr.
Axis Floater Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹1,000.
Investment Strategy
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.
Suitability
Floater funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
1 min read•By News Desk
1 min read•By News Desk
1 min read•By News Desk
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Axis Floater Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Axis Floater Fund - Direct Plan can be bought from the Axis Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Axis Floater Fund - Direct Plan, is ₹1,369.6372 as of 21-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
Tamilnadu State SDL 7.50 28/01/2036 |
9.89
|
|
GOI Sec 7.34 22/04/2064 |
9.30
|
|
GOI Sec 6.48 06/10/2035 |
8.08
|
|
Bihar State SDL 7.72 25/02/2041 |
6.61
|
|
Reserve Bank of India T-Bills 182-D 30/04/2026 |
6.49
|
Over the past five years, Axis Floater Fund - Direct Plan has delivered an annualised return of --% as of 21-Mar-2026.
The minimum investment required to start investing in Axis Floater Fund - Direct Plan is ₹5,000 for the lump sum option and ₹1,000 for the SIP (Systematic Investment Plan) option.
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