Axis Floater Fund Overview
Category Floater Fund
BMSMONEY Rank 1
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹1239.6(R) -0.12% ₹1256.09(D) -0.12%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.73% 6.87% -% -% -%
LumpSum (D) 9.11% 7.26% -% -% -%
SIP (R) -8.73% 5.9% -% -% -%
SIP (D) -8.43% 6.29% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.05 0.02 0.68 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.65% -0.77% -0.32% - 1.15%
Top Floater Fund
Fund Name Rank Rating
Axis Floater Fund 1
DSP Floater Fund 2
Hdfc Floating Rate Debt Fund 3

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Axis Floater Fund - Direct Plan - Daily IDCW 1002.21
-1.1700
-0.1200%
Axis Floater Fund - Regular Plan - Daily IDCW 1005.83
-1.1800
-0.1200%
Axis Floater Fund - Direct Plan - Monthly IDCW 1007.84
-1.1800
-0.1200%
Axis Floater Fund - Regular Plan - Monthly IDCW 1012.09
-1.1900
-0.1200%
Axis Floater Fund - Regular Plan - Quarterly IDCW 1187.16
-1.4000
-0.1200%
Axis Floater Fund - Direct Plan - Quarterly IDCW 1201.83
-1.4000
-0.1200%
Axis Floater Fund - Regular Plan - Annual IDCW 1219.01
-1.4300
-0.1200%
Axis Floater Fund - Direct Plan - Annual IDCW 1233.86
-1.4400
-0.1200%
Axis Floater Fund - Regular Plan - Growth 1239.6
-1.4600
-0.1200%
Axis Floater Fund - Direct Plan - Growth 1256.09
-1.4700
-0.1200%

Review Date: 17-01-2025

Axis Floater Fund is the top performing fund in the Floater Fund category. The fund has delivered return of 8.73% in 1 year and 6.87% in 3 years. The category average for the same periods is 8.08% and 6.56% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 1.65, VaR of -0.77, Average Drawdown of -0.2, Semi Deviation of 1.15 and Max Drawdown of -0.32. The category average for the same parameters is 0.9, -0.14, -0.23, 0.7 and -0.26 respectively. The fund has high risk in the category.
  • standard deviation of 1.65 and based on VaR one can expect to lose more than -0.77% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.05 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 % -0.07
    0.45
    		-0.07 | 0.58 12 | 12 Poor
    3M Return % 0.80
    1.52
    		0.80 | 1.70 12 | 12 Poor
    6M Return % 3.78
    3.84
    		3.30 | 4.29 8 | 12 Average
    1Y Return % 8.73
    8.08
    		6.94 | 9.00 2 | 12 Very Good
    3Y Return % 6.87
    6.56
    		5.90 | 6.88 2 | 12 Very Good
    1Y SIP Return % -8.73
    -8.67
    		-9.51 | -8.08 8 | 12 Average
    3Y SIP Return % 5.91
    5.62
    		4.81 | 6.22 2 | 12 Very Good
    Standard Deviation 1.65
    0.91
    		0.59 | 1.65 12 | 12 Poor
    Semi Deviation 1.15
    0.70
    		0.45 | 1.15 12 | 12 Poor
    Max Drawdown % -0.32
    -0.26
    		-0.72 | 0.00 8 | 12 Average
    VaR 1 Y % -0.77
    -0.14
    		-0.77 | 0.00 12 | 12 Poor
    Average Drawdown % -0.20
    -0.23
    		-0.72 | 0.00 7 | 12 Average
    Sharpe Ratio 0.05
    -0.50
    		-1.64 | 0.05 1 | 12 Very Good
    Sterling Ratio 0.68
    0.64
    		0.59 | 0.68 1 | 12 Very Good
    Sortino Ratio 0.02
    -0.16
    		-0.45 | 0.02 1 | 12 Very Good
    Return data last Updated On : Jan. 17, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.04 0.48 -0.04 | 0.64 12 | 12
    3M Return % 0.88 1.62 0.88 | 1.81 12 | 12
    6M Return % 3.96 4.04 3.51 | 4.43 8 | 12
    1Y Return % 9.11 8.50 7.42 | 9.31 2 | 12
    3Y Return % 7.26 6.99 6.41 | 7.49 3 | 12
    1Y SIP Return % -8.43 -8.33 -9.13 | -7.84 8 | 12
    3Y SIP Return % 6.29 6.05 5.31 | 6.53 4 | 12
    Standard Deviation 1.65 0.91 0.59 | 1.65 12 | 12
    Semi Deviation 1.15 0.70 0.45 | 1.15 12 | 12
    Max Drawdown % -0.32 -0.26 -0.72 | 0.00 8 | 12
    VaR 1 Y % -0.77 -0.14 -0.77 | 0.00 12 | 12
    Average Drawdown % -0.20 -0.23 -0.72 | 0.00 7 | 12
    Sharpe Ratio 0.05 -0.50 -1.64 | 0.05 1 | 12
    Sterling Ratio 0.68 0.64 0.59 | 0.68 1 | 12
    Sortino Ratio 0.02 -0.16 -0.45 | 0.02 1 | 12
    Return data last Updated On : Jan. 17, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D -0.12 ₹ 9,988.00 -0.12 ₹ 9,988.00
    1W -0.16 ₹ 9,984.00 -0.15 ₹ 9,985.00
    1M -0.07 ₹ 9,993.00 -0.04 ₹ 9,996.00
    3M 0.80 ₹ 10,080.00 0.88 ₹ 10,088.00
    6M 3.78 ₹ 10,378.00 3.96 ₹ 10,396.00
    1Y 8.73 ₹ 10,873.00 9.11 ₹ 10,911.00
    3Y 6.87 ₹ 12,205.00 7.26 ₹ 12,342.00
    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 -8.73 ₹ 11,424.18 -8.43 ₹ 11,444.39
    3Y ₹ 36000 5.91 ₹ 39,384.04 6.29 ₹ 39,609.65
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Axis Floater Fund NAV Regular Growth Axis Floater Fund NAV Direct Growth
    17-01-2025 1239.6024 1256.0931
    16-01-2025 1241.0604 1257.559
    15-01-2025 1237.3043 1253.7414
    14-01-2025 1236.0339 1252.4427
    13-01-2025 1235.7321 1252.1253
    10-01-2025 1241.5775 1258.0136
    09-01-2025 1241.8648 1258.2931
    08-01-2025 1242.2882 1258.7106
    07-01-2025 1242.8716 1259.2901
    06-01-2025 1240.7516 1257.1305
    03-01-2025 1239.4955 1255.8233
    02-01-2025 1239.0429 1255.3531
    01-01-2025 1238.7347 1255.0294
    31-12-2024 1240.7149 1257.0241
    30-12-2024 1238.7147 1254.986
    27-12-2024 1237.1952 1253.4121
    26-12-2024 1236.7505 1252.95
    24-12-2024 1237.4534 1253.6391
    23-12-2024 1237.9045 1254.0846
    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

    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.