How to Invest in Axis Floater Fund Direct Growth?

You can easily invest in Axis Floater Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Floater Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Floater Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Floater Fund Direct Growth provide?

The Axis Floater Fund Direct Growth has been there from 29 Jul 2021 and the average annual returns provided by this fund is 7.62% since its inception.

How much expense ratio is charged by Axis Floater Fund Direct Growth?

The term Expense Ratio used for Axis Floater Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Floater Fund Direct Growth is 0.19% as of 19 Jan 2026...

What is the AUM of Axis Floater Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Floater Fund Direct Growth is ₹150.85Cr as of 19 Jan 2026.

How to Redeem Axis Floater Fund Direct Growth?

If you want to sell your Axis Floater Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Floater Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Floater Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Floater Fund Direct Growth?

The NAV of Axis Floater Fund Direct Growth is ₹1,353.43 as of 16 Jan 2026.

What is the PE and PB ratio of Axis Floater Fund Direct Growth?

The PE ratio ratio of Axis Floater Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Axis Floater Fund Direct Growth

Name: Axis Floater Fund Direct Growth
Brand: Axis Mutual Fund

Debt

Floater

Moderately High Risk

+8.10%

3Y annualised

-0.05% 1D

All

NAV: 16 Jan '26

₹1,353.43

Min. SIP amount

₹1,000

Fund size

₹150.85 Cr

Expense ratio

0.19%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹61,922		+3.20%
3 years	₹1,80,000	₹2,03,288		+12.94%

Holdings (26)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	12.78%
Reserve Bank of India	Financial	T-Bills	6.52%
GOI	Sovereign	GOI Sec	6.44%
Andhra Pradesh State	Financial	SDL	6.42%
GOI	Sovereign	GOI Sec	6.26%
GOI	Sovereign	GOI Sec	4.93%
Jubilant Bevco Ltd.	Consumer Staples	Debenture	3.56%
Jubilant Beverages Ltd.	Consumer Staples	Debenture	3.55%
Shriram Finance Ltd	Financial	Bonds	3.39%
Pipeline Infrastructure (India) Pvt. Ltd.	Construction	Debenture	3.38%
Muthoot Finance Ltd.	Financial	Debenture	3.36%
Bihar State	Others	SDL	3.35%
Pipeline Infrastructure (India) Pvt. Ltd.	Construction	Debenture	3.35%
Motilal Oswal Finevest Ltd.	Financial	Debenture	3.34%
Piramal Finance Pvt. Ltd.	Financial	Bonds/NCD	3.32%
Maharashtra State	Others	SDL	3.31%
360 ONE Wealth Ltd.	Financial	Debenture	3.31%
GOI	Sovereign	GOI Sec	3.31%
Power Finance Corporation Ltd.	Financial	Debenture	3.28%
Clearing Corporation of India	Others	IRS	-0.00%
Clearing Corporation of India	Others	IRS	-0.00%
IDFC First Bank Ltd.	Financial	IRS	-0.00%
ICICI Securities Primary Dealership Ltd.	Financial	IRS	-0.00%
Barclays Bank	Financial	IRS	-0.00%
DBS Bank India Ltd.	Financial	IRS	-0.00%
Hongkong & Shanghai Banking Corpn. Ltd.	Financial	IRS	-0.00%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹1,000

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+1.7%	+7.6%	+8.1%	+7.0%
Category average (Debt Floater)	+2.8%	+7.7%	+7.7%	--
Rank (Debt Floater)	--	8	5	--

Exit load, stamp duty and tax

Exit load

Nil

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

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Franklin India Floating Rate Fund Direct Growth	+8.22%	+8.46%	304.96
	ICICI Prudential Floating Interest Fund Direct Plan Growth	+8.02%	+8.42%	7,282.30
	Kotak Floating Rate Fund Direct Growth	+8.30%	+8.22%	3,368.00
	HDFC Floating Rate Debt Fund Direct Plan Growth	+7.72%	+8.06%	16,223.66
	Aditya Birla Sun Life Floating Rate Direct Fund Growth	+7.55%	+7.80%	13,415.81
Compare

Fund management

AP
Aditya Pagaria
Jul 2021 - Present
View details

Education

Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.

Experience

Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Also manages these schemes

Axis Gold and Silver Passive FoF Direct Growth

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth

Axis Silver FoF Direct Growth

Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Axis Money Market Fund Direct Growth

Axis Multi Asset Active FoF Direct Growth

Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF FoF Direct Growth

Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Axis CRISIL IBX AAA Bond NBFC Jun 2027 Index Fund Direct Growth

Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund Direct Growth

Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth

Axis Banking & PSU Debt Direct Plan Growth

Axis CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth

Axis Liquid Direct Fund Growth

Axis Multi Asset Allocation Direct Plan Growth

Axis Floater Fund Direct Growth

Axis Income Plus Arbitrage Passive FoF Direct Growth

Axis Aggressive Hybrid Fund Direct Growth

Axis Short Duration Fund Direct Growth

Axis Gold Direct Plan Growth

Axis Treasury Advantage Fund Direct Growth

HS
Hardik Shah
Jan 2022 - Present
View details

Education

Mr. Shah has done B.E. Information Technology and MBA Finance.

Experience

Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Also manages these schemes

Axis Retirement Fund Aggressive Plan Direct Growth

Axis Retirement Fund Dynamic Plan Direct Growth

Axis Dynamic Bond Fund Direct Growth

Axis Retirement Fund Conservative Plan Direct Growth

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

Axis Corporate Bond Fund Direct Growth

Axis CRISIL IBX 50:50 Gilt Plus SDL Jun 2028 Index Fund Direct Growth

Axis Equity Savings Fund Direct Growth

Axis Banking & PSU Debt Direct Plan Growth

Axis Children's Fund Direct Compulsory Lock In Growth

Axis Children's Fund Direct No Lock In Growth

Axis Balanced Advantage Fund Direct Growth

Axis Ultra Short Duration Fund Direct Growth

Axis Long Duration Fund Direct Growth

Axis Income Plus Arbitrage Active FoF Direct Growth

Axis Multi Asset Allocation Direct Plan Growth

Axis Floater Fund Direct Growth

About Axis Floater Fund Direct Growth

Axis Floater Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Aditya Pagaria is the Current Fund Manager of Axis Floater Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,54,746 Cr and the Latest NAV as of 16 Jan 2026 is ₹1,353.43. The Axis Floater Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. ;

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.

Fund benchmarkNIFTY Medium to Long Duration Debt Index A-III

Scheme Information Document(SID)