Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-0.26%
1 Month-0.82%
3 Months+0.26%
6 Months+1.87%
1 Year+4.73%
3 Years (CAGR)+7.47%
5 Years (CAGR)—
10 Years (CAGR)—
Since Inception (Aug 2021)+6.42%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP+3.52%
3 Year SIP+6.79%
5 Year SIP—
Since Inception (Aug 2021)+6.88%
Fund Details
Fund HouseAxis Mutual Fund
CategoryFloater Fund
Plan Typeregular
Optiongrowth
AUM₹153 Cr
Expense Ratio0.49%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date02 Aug 2021
AMFI Code149048
Risk Metrics
—
Sharpe Ratio
—
Alpha
—
Beta
—
Sortino
—
Std Dev
—
Max Drawdown
Performance Comparison
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Axis Floater Fund - Regular Plan - Growth by Axis Mutual Fund is a Floater Fund fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Floater Fund category.
About This Fund
Axis Floater Fund - Regular Plan - Growth is a Floater Fund mutual fund offered by Axis Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹153 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 0.49%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations