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Axis Floating Interest Rates Fund
Floating Interest RateRank #1
1/5
NAV (2026-09-07)
₹1402.34
AUM
₹148.61 Cr
Exp. Ratio: 0.53%
RISK LEVEL
High
Returns & Performance
1 Year7.14%1.01% vs cat avgRank #1
3 Year8.06%0.76% vs cat avgRank #1
5 Year6.86%0.47% vs cat avgRank #1
Since Launch6.84%0.44% vs cat avg
Fund vs Category Average
1Y
7.14%+1.01%
3Y
8.06%+0.76%
5Y
6.86%+0.47%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔Above category avg 5Y returns
✔No lock-in period
✔Top-5 ranked in category for 1Y (#1)
✔Overall top-10 rank in category (#1)
✔Outperforms category avg since launch
Cons
No notable cons identified
ISININF846K012B8
NAV₹1402.34
NAV Date2026-09-07
AUM₹148.61 Cr
Expense Ratio0.53%
RiskHigh
Rating1 / 5
Min SIP Amount₹1000
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2009-09-04
INVESTMENT OBJECTIVE
The scheme seeks 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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Hardik Shah
Mr. Shah has done B.E. Information Technology and MBA Finance.
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Floating Interest Rates Fund is ₹1,402.34 as of 2026-09-07.
Axis Floating Interest Rates Fund is classified as a Floating Interest Rate fund.
The Assets Under Management (AUM) of Axis Floating Interest Rates Fund is ₹148.61 Cr.
The expense ratio of Axis Floating Interest Rates Fund is 0.53%.
Axis Floating Interest Rates Fund is managed by Hardik Shah.
The minimum SIP investment for Axis Floating Interest Rates Fund is ₹1,000.
As per the SEBI Riskometer, Axis Floating Interest Rates Fund carries a High risk level.
Axis Floating Interest Rates Fund has delivered 7.14% (1Y), 8.06% (3Y) and 6.86% (5Y) annualised returns as of 2026-09-07.
Axis Floating Interest Rates Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
