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Axis Floating Interest Rates Fund(G)-Direct Plan

Axis Floating Interest Rates Fund(G)-Direct Plan

DebtDirect GrowthHigh Risk

+7.24%

5Y annualised

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NAV : 28 Aug 2026

₹1426.25

Min. SIP amount

₹1,000

Fund size (AUM)

124 Cr

Expense ratio

0.19%

Launched on

29 Jul 2021

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

8,000

3M6M1Y3Y
Total investment
2,88,000
Would've become
3,28,710

Stock Allocation

Stock nameSectorAllocation
7.34% Government Of India (22/04/2064)Government Securities10.88%
Clearing Corporation Of India LtdCash & Cash Equivalents And Net Assets8.09%
6.9% Government Of India (15/04/2065)Government Securities5.18%

Fund Composition

124 Cr

Others

100.00%

Sector Allocation

124 Cr

Government Securities

42.31%

Corporate Debt

30.22%

Certificate Of Deposit

13.19%

Cash & Cash Equivalents And Net Assets

5.73%

Treasury Bills

3.50%

Floating Rate Instruments

2.26%

Alternative Investment Fund

0.96%

Finance

0.92%

Others

0.51%

Minimum investments

Min. for SIP1000
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Income)

Exit load, stamp duty and tax

Exit load

No exit load

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

AP

Aditya Pagaria

Present

HS

Hardik Shah

Present

Similar/Peer Fund Comparison

Fund name
A

Axis Floating Interest Rates Fund(G)-Direct Plan

+8.43%
B

Bandhan Floating Interest Rates Fund(G)-Direct Plan

+7.87%
F

Franklin India Floating Interest Rates Fund(G)-Direct Plan

+8.16%
I

ICICI Pru Floating Interest Rates Fund(G)-Direct Plan

+7.91%
S

SBI Floating Interest Rates Fund(G)-Direct Plan

+7.67%
T

Tata Floating Interest Rates Fund(G)-Direct Plan

+7.50%
I

ICICI Pru Ultra Short to Short Term Fund(G)-Direct Plan

+7.48%
U

UTI Floating Interest Rates Fund(G)-Direct Plan

+7.13%

FAQs

Axis Floating Interest Rates Fund(G)-Direct Plan is a part of Axis Asset Management Company Ltd., it was incepted on 29 Jul 2021. This fund is managed by Aditya Pagaria and Hardik Shah. It is a Debt type of fund.

The current NAV of Axis Floating Interest Rates Fund(G)-Direct Plan is ₹1426.25 (as of 28 Aug 2026).

Axis Floating Interest Rates Fund(G)-Direct Plan has delivered 7.94% in 1 year, 8.43% in 3 years, and 7.24% in 5 years (annualised).

The minimum SIP amount for Axis Floating Interest Rates Fund(G)-Direct Plan is ₹1000.

The expense ratio of Axis Floating Interest Rates Fund(G)-Direct Plan is 0.19%.

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