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OmniAsset › Mutual funds › Axis Floating Interest Rates Fund

Axis Floating Interest Rates Fund

Floating Interest Rates fund benchmarked to NIFTY Medium to Long Duration Debt Index A-III. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20261006.0917
CategoryFloating Interest Rates
PlanDirect · Idcw
Launched12 Jul 2021
Risk labelthe scheme's own riskometerHigh
Legal benchmarkSEBI Tier-1NIFTY Medium to Long Duration Debt Index A-III
Expense ratiodirect plan, a year0.22%
AUM₹0.10 Cr
Growth of ₹10,000₹10,0312 Sep 2021 to 2 Sep 2026
₹10,341₹10,235₹10,130₹10,024₹9,919Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,031 (+0.1% a year) Axis Floating Interest Rates Fund

Performance (trailing, annualised)

1Y annualised0.48%
3Y annualised0.10%
5Y annualised0.06%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,19,937-0.10%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,58,656-0.24%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹5,99,630-0.02%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 2022-0.01%
Calendar 20230.19%
Calendar 20240.54%
Calendar 2025-0.19%

Rolling returns

Rolling 1Y · average210 windows since 2 Aug 20220.16%
Rolling 1Y · median0.14%
Rolling 1Y · worst window-3.21%
Rolling 1Y · best window3.49%
Rolling 1Y · windows positive59%
Rolling 3Y · average108 windows since 2 Aug 20240.34%
Rolling 3Y · median0.28%
Rolling 3Y · worst window-0.18%
Rolling 3Y · best window1.23%
Rolling 3Y · windows positive86%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)3.26%
Downside deviation (3Y)2.76%
Maximum drawdown-4.21%

Management

Fund managerMr. Aditya Pagaria, Mr. Hardik Shah
Managing since10 Jun 2022

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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