Axis Floating Interest Rates Fund Direct Growth - Latest NAV and Returns

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Home › Mutual Funds › Axis Mutual Fund › Axis Floating Interest Rates Fund Direct Growth

1424.793 (-0.141%)

NAV on October 08, 2026

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 149 cr

Turnover Ratio 884.96%

Expense Ratio 0.23%

Exit Load -

Returns

1M: Negative return: -0.21%
1Y: Positive return: 6.14%
3M: Positive return: 0.69%
3Y: Positive return: 8.39%
6M: Positive return: 3.77%
5Y: Positive return: 7.13%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Aditya Pagaria (Since about 5 years) Hardik Shah (Since over 4 years)

ISIN INF846K014A6

Fund Family Axis

Launch Date July 29, 2021

Benchmark Nifty Medium Duration Debt TR INR

Avg. Maturity 7.73 years

Yield To Maturity (%) 7.59%

INVESTMENT OBJECTIVE

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 be no assurance or guarantee that the investment objective of the scheme would be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

Top Rated
Top Performing

Top Floating Rate Funds

Name		Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
ICICI Prudential Floating Interest Rates Fund Direct Plan Growth		₹ 502.393	6.24%	₹ 9,119 cr	0.29%	Below Average
Franklin India Floating Interest Rates Direct Growth		₹ 48.230	6.20%	₹ 281 cr	0.38%	Average
Axis Floating Interest Rates Fund Direct Growth		₹ 1424.793	6.14%	₹ 149 cr	0.23%	High
HDFC Floating Interest Rates - Direct Plan - Growth Option		₹ 54.934	5.56%	₹ 16,133 cr	0.27%	Below Average

Other plans of Axis Floating Interest Rates Fund

Axis Floating Interest Rates Fund Regular Quarterly Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Annually Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Growth

Floating Rate
Axis Floating Interest Rates Fund Regular Annually Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Daily Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Monthly Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Quarterly Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Monthly Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Annually Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Regular Quarterly Payout Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

Floating Rate
Axis Floating Interest Rates Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl

Floating Rate

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