Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl

Debt

Axis Mutual Fund

Floating Rate

Get the latest NAV of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1389.34

NAV as on 09 Sep 2026

7.18%/per year

Since Inception

Absolute Gain%

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Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Performance vs. Floating Rate Index

Fund returns vs Benchmark returns vs Category Average returns as on (09-Sep-26)

The fund has consistently outperformed the benchmark (Floating Rate Index) over the last 1Y, 3Y, 5Y time periods.

Period	1M	3M	6M	1Y	3Y	5Y
This Fund	0.15%	2.56%	4.37%	7.5%	8.39%	7.2%
Floating Rate Index	0.27%	2.01%	2.63%	5.77%	6.79%	5.99%
Floating Rate Avg	0.28%	1.59%	2.99%	6.1%	7.37%	6.46%
Best in Floating Rate	0.53%	2.83%	4.2%	7.48%	8.42%	7.24%
Worst in Floating Rate	0.14%	1.85%	2.9%	5.88%	7.19%	6.35%

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl	-	124Cr	0.23%	7.5%	8.39%	-2.38	12.20	0.72	1.30	0.62
Nippon India Floating Rate Fund Weekly Payout Inc Dist cum Cap Wdrl	-	7,635Cr	0.32%	8.54%	6.84%	-0.90	--	--	0.79	0.30
Nippon India Floating Rate Fund Weekly Reinvestment Inc Dist cum Cap Wdrl	-	7,635Cr	0.32%	8.54%	6.84%	-0.90	--	--	0.79	0.30
Kotak Floating Rate Fund Monthly Reinvestment of Income Distribution cum Cap Wdrl	-	3,275Cr	0.25%	8.83%	6.85%	-0.94	--	--	0.56	0.24

See all

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Returns Calculator

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Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

Cash allocation has gone down from 11.3% to 7.1%

Debt allocation has gone up from 83.7% to 85.2%

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Top 3 Sectors in July were Financial Services, Government & Corporate

Jul'26

Financial Services

62%

Corporate

44%

Industrial

38%

Jun'26

Financial Services

100%

Government

51%

Corporate

41%

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.23%
Benchmark	NIFTY Long Duration Debt Index TR INR
AUM	₹124 Cr
Inception Date	29 July, 2021
Min Lumpsum/SIP	₹5,000/₹1,000
Exit Load	0%
Lock In	No Lock-in
TurnOver	884.96%
Risk	High Risk

About Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 29 July, 2021. The fund is managed by Hardik Shah, Aditya Pagaria. This fund is suitable to keep your money safe.

Key Parameters

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has ₹124 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
The fund has an expense ratio 0.2.

Returns

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 7.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.50%, 8.39% and 7.20% respectively.

Holdings

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Industrial, Government, Cash Equivalent. Its top holdings are 6.94% Govt Stock 2036, 7.34% Govt Stock 2064, Jubilant Bevco Limited, Jubilant Beverages Limited, 7.71% Govt Stock 2066

Taxation

As it is a floating rate mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Manager

Hardik Shah

Fund Manager of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 31 January 2022

Aditya Pagaria

Fund Manager of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 29 July 2021

Learn more about Axis Mutual Fund

Parameters	Jul'26	Jun'26	May'26
AUM	₹ 124.4 Cr	₹ 132.7 Cr	₹ 143.4 Cr

AUM of the fund stands at 124.4 Cr as of Jul'26
AUM decreased by 8.3 Cr between Jul'26 and Jun'26

Frequently Asked Questions for Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl

How do I invest in Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl?

INDmoney makes it simple to invest in the Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl. To do so, follow the steps below:

Download the INDmoney app.
Search for ‘Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl’.
Select whether you want to invest in SIP or lump sum.
Enter the amount you wish to invest.
Set up payments via bank mandate or UPI.

What is the current NAV of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl?

The NAV of the fund today is ₹1389.34. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl fund has generated a return of 7.50% in 1 year, 8.39% in 3 years, 7.20% in 5 years.

Who is the fund manager of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl?

The fund managers are Hardik Shah, Aditya Pagaria.

What is the expense ratio of the fund?

The expense ratio is 0.23%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹124 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Floating Interest Rates Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl?

The top 3 holdings of the fund are 6.94% Govt Stock 2036(6.94%), 7.34% Govt Stock 2064(6.31%), Jubilant Bevco Limited(3.84%)