Axis Floater Fund - Direct Plan - Growth

Q: What kind of returns does Axis Floater Fund - Direct Plan - Growth provide?

Axis Floater Fund - Direct Plan - Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Axis Floater Fund - Direct Plan - Growth had a return of 11.55% over the past 1 year.

Q: How much expense ratio is charged by Axis Floater Fund - Direct Plan - Growth?

The expense ratio for Axis Floater Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 31 May 2025, the expense ratio charged by Axis Floater Fund - Direct Plan - Growth is typically around undefined %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Axis Floater Fund - Direct Plan - Growth?

As of 31 May 2025, the Assets Under Management (AUM) of Axis Floater Fund - Direct Plan - Growth is approximately ₹185.8703 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Axis Floater Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Axis Floater Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 31 May 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Axis Floater Fund - Direct Plan - Growth?

The PE ratio for Axis Floater Fund - Direct Plan - Growth is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Axis Floater Fund - Direct Plan - Growth?

The exit load for Axis Floater Fund - Direct Plan - Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Debt

NAV

₹ 1329.31

CAGR (3 Years)

8.86%

AUM (Cr)

₹ 185.87

Risk

Low to Moderate Risk

About Axis Floater Fund - Direct Plan - Growth

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