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.
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
Punjab National Bank 15/09/2026
Financial
₹14.52
9.86
HDFC Bank Ltd. 21/12/2026
Financial
₹9.74
7.83
REC Ltd. 8.56 29/11/2028
Financial
₹10.59
6.86
LIC Housing Finance Ltd. 7.74 22/10/2027
Financial
₹10.18
6.59
HDFC Bank Ltd. 21/09/2026
Financial
₹9.57
6.39
Punjab National Bank 09/02/2027
Financial
₹9.47
6.39
Kotak Mahindra Bank Ltd. 29/01/2027
Financial
₹9.35
6.25
LIC Housing Finance Ltd. 7.58 23/03/2035
Financial
₹10.25
5.70
HDFC Bank Ltd. 15/02/2027
Financial
₹5.75
4.34
Cholamandalam Investment and Finance Company Ltd. 27/02/2029
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Floating Interest Rates Fund is ₹1,401.7 as of 2026-08-25.
Axis Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Axis Floating Interest Rates Fund is ₹124.36 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 7.8% (1Y), 8.15% (3Y) and 6.89% (5Y) annualised returns as of 2026-08-25.
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.
