Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Floater Fund - Regular Plan - Daily IDCW
★★★★★ monitor_heart Health Score: 50/100 · AverageAxis Mutual Fund · Debt · Floater
₹1,012.85
AUM: ₹132 Cr
NAV updated 6 days ago
Plan
Regular
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.23%
Exit Load
Nil
Fund Manager
Aditya Pagaria
Inception
Jul 2021
Benchmark
NIFTY Medium to Long Duration Debt Index A-III
Sharpe Ratio
-3.46
Std Dev (1Y)
1.95%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.12%
3m
+2.59%
6m
+4.6%
1y
+6.24%
3y
+8.33%
5y
—
10y
—
since inception
+0.27%
rate_review TopFund's Take on Axis Floater Fund - Regular Plan - Daily IDCW
Axis Floater Fund - Regular Plan - Daily IDCW sits in the middle of the pack for Floater funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 50/100.
Cost: At 0.23%, the expense ratio is meaningfully cheaper — about 15% below the Floater category average of 0.27% (based on 68 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.46 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.95% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
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info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Axis Floater Fund - Regular Plan - Daily IDCW
The current NAV (Net Asset Value) of Axis Floater Fund - Regular Plan - Daily IDCW is ₹1012.85. NAV is updated every business day after market close by AMFI.
1Y: 6.24% · 3Y CAGR: 8.33%
The expense ratio is 0.23% per annum — the annual fee deducted from your investment to cover fund management costs.
Axis Floater Fund - Regular Plan - Daily IDCW is managed by Aditya Pagaria at Axis Mutual Fund.
Axis Floater Fund - Regular Plan - Daily IDCW is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Axis Floater Fund - Regular Plan - Daily IDCW is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Axis Floater Fund - Regular Plan - Daily IDCW is ₹133 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.