
Axis Floating Interest Rates Fund Direct Growth
Axis Floating Interest Rates Fund Direct Growth
as on 29 Oct 2026
Axis Floating Interest Rates Fund Direct Growth is a Debt mutual fund scheme launched on 29 Jul 2021. Investors can begin their investment journey with a minimum SIP of ₹1,000 or a lumpsum investment of ₹5,000. The fund manages total assets worth ₹148.30 crores, and the current NAV stands at ₹1,423.9771 as of 29 Oct 2026. The fund has delivered absolute returns of 5.59% in the past 1 year. For the last 3 years the fund has delivered a CAGR of 8.14%. For 5 years it has given a CAGR of 7.04%. The expense ratio of the fund is 0.22%.
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 36.04 L
7.04%
Total Investment
₹ 30,00,000
Returns
₹ 6,04,376 (7.04%)
Maturity Value
₹ 36,04,376
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
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Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 148.30 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹148.30 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 1,000.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 148.30
Expense Ratio
0.22%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
29 Jul 2021
Fund Age
5 Yrs
Benchmark
NIFTY Medium Duration Debt Index A-III
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
| Name | Qualification |
|---|---|
| Aditya Pagaria | PGDBM |
| Hardik Shah | B-Tech (I.T) & MBA (Finance) |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Moderately Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Axis Mutual Fund
No. of Schemes
69
Total AUM
₹ 3,66,159.62 Cr
Contact Details
One Lodha Place. 22nd & 23rd Floor,Senapati Bapat Marg, Lower Parel, Maharashtra, Mumbai - 400013.
Contact Details
One Lodha Place. 22nd & 23rd Floor,Senapati Bapat Marg, Lower Parel, Maharashtra, Mumbai - 400013.
FAQs
When was Axis Floating Interest Rates Fund launched?
What is the current NAV of Axis Floating Interest Rates Fund?
What is the AUM of Axis Floating Interest Rates Fund?
What is the rate of return of Axis Floating Interest Rates Fund?
- In the past 1Y: 5.59%
- In the past 3Y: 8.14%
- In the past 5Y: 7.04%
What is the expense ratio of Axis Floating Interest Rates Fund?
What is exit load of Axis Floating Interest Rates Fund?
How risky is investing in Axis Floating Interest Rates Fund?
Who is the fund manager Axis Floating Interest Rates Fund?
What is the minimum investment required in Axis Floating Interest Rates Fund?
How to invest in Axis Floating Interest Rates Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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