Axis Floater Fund Overview
Category Floater Fund
BMSMONEY Rank 1
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹1236.98(R) -0.06% ₹1253.11(D) -0.06%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 9.23% 6.9% -% -% -%
LumpSum (D) 9.61% 7.3% -% -% -%
SIP (R) -37.15% 2.56% -% -% -%
SIP (D) -36.91% 2.95% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.01 0.01 0.66 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.66% -0.75% -0.31% - 1.14%
Top Floater Fund
Fund Name Rank Rating
Axis Floater Fund 1
DSP Floater Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Axis Floater Fund - Direct Plan - Daily IDCW 1005.23
-0.6100
-0.0600%
Axis Floater Fund - Regular Plan - Daily IDCW 1006.05
-0.6200
-0.0600%
Axis Floater Fund - Direct Plan - Monthly IDCW 1012.89
-0.6100
-0.0600%
Axis Floater Fund - Regular Plan - Monthly IDCW 1017.09
-0.6200
-0.0600%
Axis Floater Fund - Regular Plan - Quarterly IDCW 1187.65
-0.7300
-0.0600%
Axis Floater Fund - Direct Plan - Quarterly IDCW 1202.02
-0.7300
-0.0600%
Axis Floater Fund - Regular Plan - Annual IDCW 1216.43
-0.7400
-0.0600%
Axis Floater Fund - Direct Plan - Annual IDCW 1230.97
-0.7400
-0.0600%
Axis Floater Fund - Regular Plan - Growth 1236.98
-0.7600
-0.0600%
Axis Floater Fund - Direct Plan - Growth 1253.11
-0.7500
-0.0600%

Review Date: 20-12-2024

Axis Floater Fund is the best performing fund in the Floater Fund category. The fund has delivered return of 9.23% in 1 year and 6.9% in 3 years. The category average for the same periods is 8.21% and 6.45% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 1.66, VaR of -0.75, Average Drawdown of -0.19, Semi Deviation of 1.14 and Max Drawdown of -0.31. The category average for the same parameters is 0.93, -0.14, -0.22, 0.72 and -0.26 respectively. The fund has high risk in the category.
  • standard deviation of 1.66 and based on VaR one can expect to lose more than -0.75% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.01 which shows very good performance of fund in the floater fund category.


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.77
    0.49
    		0.32 | 0.77 1 | 12 Very Good
    3M Return % 1.02
    1.70
    		1.02 | 1.96 12 | 12 Poor
    6M Return % 4.18
    4.02
    		3.32 | 4.48 3 | 12 Very Good
    1Y Return % 9.23
    8.21
    		6.98 | 9.23 1 | 12 Very Good
    3Y Return % 6.90
    6.45
    		5.79 | 6.90 1 | 12 Very Good
    1Y SIP Return % -37.15
    -37.49
    		-38.33 | -36.95 2 | 12 Very Good
    3Y SIP Return % 2.56
    2.06
    		1.17 | 2.67 2 | 12 Very Good
    Standard Deviation 1.66
    0.93
    		0.60 | 1.66 12 | 12 Poor
    Semi Deviation 1.14
    0.72
    		0.45 | 1.14 12 | 12 Poor
    Max Drawdown % -0.31
    -0.26
    		-0.72 | 0.00 7 | 12 Average
    VaR 1 Y % -0.75
    -0.14
    		-0.75 | 0.00 12 | 12 Poor
    Average Drawdown % -0.19
    -0.22
    		-0.72 | 0.00 7 | 12 Average
    Sharpe Ratio 0.01
    -0.55
    		-1.67 | 0.01 1 | 12 Very Good
    Sterling Ratio 0.66
    0.62
    		0.57 | 0.66 1 | 12 Very Good
    Sortino Ratio 0.01
    -0.17
    		-0.46 | 0.01 1 | 12 Very Good
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.80 0.52 0.37 | 0.80 1 | 12
    3M Return % 1.11 1.79 1.11 | 2.06 12 | 12
    6M Return % 4.35 4.22 3.54 | 4.62 5 | 12
    1Y Return % 9.61 8.64 7.47 | 9.61 1 | 12
    3Y Return % 7.30 6.87 6.31 | 7.30 2 | 12
    1Y SIP Return % -36.91 -37.22 -38.03 | -36.76 2 | 12
    3Y SIP Return % 2.95 2.50 1.69 | 2.99 3 | 12
    Standard Deviation 1.66 0.93 0.60 | 1.66 12 | 12
    Semi Deviation 1.14 0.72 0.45 | 1.14 12 | 12
    Max Drawdown % -0.31 -0.26 -0.72 | 0.00 7 | 12
    VaR 1 Y % -0.75 -0.14 -0.75 | 0.00 12 | 12
    Average Drawdown % -0.19 -0.22 -0.72 | 0.00 7 | 12
    Sharpe Ratio 0.01 -0.55 -1.67 | 0.01 1 | 12
    Sterling Ratio 0.66 0.62 0.57 | 0.66 1 | 12
    Sortino Ratio 0.01 -0.17 -0.46 | 0.01 1 | 12
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D -0.06 ₹ 9,994.00 -0.06 ₹ 9,994.00
    1W -0.38 ₹ 9,962.00 -0.38 ₹ 9,962.00
    1M 0.77 ₹ 10,077.00 0.80 ₹ 10,080.00
    3M 1.02 ₹ 10,102.00 1.11 ₹ 10,111.00
    6M 4.18 ₹ 10,418.00 4.35 ₹ 10,435.00
    1Y 9.23 ₹ 10,923.00 9.61 ₹ 10,961.00
    3Y 6.90 ₹ 12,216.00 7.30 ₹ 12,354.00
    5Y ₹ ₹
    7Y ₹ ₹
    10Y ₹ ₹
    15Y ₹ ₹

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

    Investment Period Invested Amount Regular Direct
    XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
    1Y ₹ 12000 -37.15 ₹ 9,416.38 -36.91 ₹ 9,434.44
    3Y ₹ 36000 2.56 ₹ 37,439.28 2.95 ₹ 37,664.42
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Axis Floater Fund NAV Regular Growth Axis Floater Fund NAV Direct Growth
    20-12-2024 1236.9791 1253.1125
    19-12-2024 1237.7357 1253.8674
    18-12-2024 1241.5851 1257.7555
    17-12-2024 1240.5049 1256.6497
    16-12-2024 1242.0585 1258.2119
    13-12-2024 1241.7421 1257.8567
    12-12-2024 1239.6233 1255.6989
    11-12-2024 1239.6692 1255.7339
    10-12-2024 1240.6435 1256.7092
    09-12-2024 1240.2833 1256.3328
    06-12-2024 1237.2893 1253.2654
    05-12-2024 1241.3594 1257.3766
    04-12-2024 1240.8855 1256.885
    03-12-2024 1237.9535 1253.9038
    02-12-2024 1238.1707 1254.1122
    29-11-2024 1233.9506 1249.8033
    28-11-2024 1230.0018 1245.7923
    27-11-2024 1230.2786 1246.0612
    26-11-2024 1228.9841 1244.7387
    25-11-2024 1229.5183 1245.2683
    22-11-2024 1227.1222 1242.8072
    21-11-2024 1227.4961 1243.1745

    Fund Launch Date: 29/Jul/2021
    Fund Category: Floater Fund
    Investment Objective: To generate regular income through investment in a portfolio comprising predominantlyof floating rate instrumentsand 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
    Fund Description: An open ended debt scheme predominantly investing in floating rate instruments
    Fund Benchmark: NIFTY Ultra Short Duration Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.