Sharpe ratio
0.34Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.65%1Y Absolute Return
-0.12%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Floater Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,73,502 | ₹7,32,612 | ₹1,40,890 | +7.27% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age5.3 yrs
Fund information
Scheme code149049
ISININF846K014A6
BenchmarkNIFTY Medium to Long Duration Debt Index A-III
CategoryDebt Scheme - Floater Fund
Expense ratio0.23%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
1st / 100 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +12.83% | — | — |
| 3M | +2.03% | — | — |
| 6M | +8.81% | — | — |
| 1Y | +6.65% | — | +3.13% |
| 3Y | +8.35% | — | +4.47% |
| 5Y | +7.27% | — | +3.97% |
| Since Launch | +7.09% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.58Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
2.07%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
5.61How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt90.57%
Cash5.49%
Real Estate3.94%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 33 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 10.5104% |
| 7.71% GOI 18-May-2066 | Entities | GOI Securities | 7.8411% |
| GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 | Entities | GOI Securities | 7.6453% |
| GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 | Entities | GOI Securities | 6.9537% |
| Net Receivables | Unspecified | Net Receivables | 5.4885% |
| HDFC Bank Limited (15/02/2027) ** # | Financial | Certificate of Deposit | 4.3353% |
| JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | Debenture | 4.1851% |
| JUBILANT BEVERAGES LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | Debenture | 4.1742% |
| STATE DEVELOPMENT LOAN 37052 BH 11FB39 7.86 FV RS 100 | Unspecified | State Development Loan | 3.8598% |
| PIPELINE INFRASTRUCTURE LIMITED SR 2 7.96 NCD 11MR28 FVRS1AC | Industrials | Debenture | 3.8053% |
Fund management
HA
Hardik Shah
Since 2022 · Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Mr. Shah has done B.E. Information Technology and MBA Finance.
AD
Aditya Pagaria
Since 2021 · Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Compare similar funds
No comparable category funds are available yet.
Summary
A moderately high-risk debt scheme - floater fund. Losses and swings stayed contained — worst fall -1.3%, volatility 2.1%.
Strengths
- Losses and swings stayed contained — worst fall -1.3%, volatility 2.1%.
- Recovered from its worst fall in 0 months.
- Same fund manager for 5+ years — the strategy has not chopped and changed.
- Ranks 1 of 100 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderately high risk level.
Risk drivers
- None