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Axis Floating Interest Rates Fund Direct Growth
+8.49%
3Y annualised
+0.05% 1D
NAV: 25 Aug '26
₹1,426.95
Min. for SIP
₹1,000
Fund size (AUM)
₹124.36 Cr
Expense ratio
0.23%
Rating
1
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,661 | +2.20% | |
| 1 year | ₹60,000 | ₹62,399 | +4.00% | |
| 3 years | ₹1,80,000 | ₹2,02,419 | +12.46% | |
| 5 years | ₹3,00,000 | ₹3,64,927 | +21.64% |
Holdings (36)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Others CBLO | Unspecified | CBLO | 20.94% |
| GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 | Entities | GOI Securities | 12.15% |
| HDFC BANK LIMITED CD 21DEC26 | Financial | Certificate of Deposit | 7.83% |
| GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 | Entities | GOI Securities | 7.28% |
| JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | Debenture | 4.47% |
| JUBILANT BEVERAGES LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | Debenture | 4.47% |
| CENTRAL GOVERNMENT LOAN 23277 GOI 22SP33 FLT FV RS 100 | Entities | GOI Securities Floating Rate Bond | 4.18% |
| STATE DEVELOPMENT LOAN 37052 BH 11FB39 7.86 FV RS 100 | Unspecified | State Development Loan | 4.10% |
| 7.71% GOI 18-May-2066 | Entities | GOI Securities | 4.10% |
| PIPELINE INFRASTRUCTURE LIMITED SR 2 7.96 NCD 11MR28 FVRS1AC | Industrials | Debenture | 4.05% |
| GOVERNMENT OF INDIA 37699 GOI 27JL41 7.06 FV RS 100 | Entities | GOI Securities | 4.03% |
| PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC | Financial | Bonds/NCDs | 4.03% |
| 360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC | Financial | Debenture | 4.02% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC | Financial | Debenture | 4.02% |
| BAJAJ HOUSING FINANCE LIMITED 7.10 NCD 16OT28 FVRS1LAC | Financial | Debenture | 3.98% |
| STATE DEVELOPMENT LOAN 36772 MH 03DC40 7.43 FV RS 100 | Unspecified | State Development Loan | 3.98% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 159 6.89 BD 19JL31 FVRS10LAC | Financial | Debenture | 3.97% |
| MUTHOOT FINANCE LIMITED OP I 7.88 NCD 22NV28 FVRS1LAC | Financial | Non Convertible Debenture | 3.97% |
| POWER FINANCE CORPORATION LTD. SR 210 B 7.11 BD 30JU36 FVRS10LAC | Financial | Debenture | 3.94% |
| BANK OF BARODA CD 06JAN27 | Financial | Certificate of Deposit | 3.90% |
| TATA TELESERVICES LIMITED 364D CP 12FEB27 | Technology | Commercial Paper | 3.87% |
| Bharat Highways InvIT | Industrials | Infrastructure Investment Trust | 3.56% |
| Cube Highways Trust | Industrials | Infrastructure Investment Trust | 2.49% |
| PIPELINE INFRASTRUCTURE LIMITED SR 1 7.96 NCD 11MR27 FVRS1LAC | Industrials | Debenture | 2.42% |
| POWER FINANCE CORPORATION LIMITED SR 259A 6.96 BD 02MR28 FVRS1LAC | Financial | Debenture | 2.00% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 1.10% |
| Citius TransNet Investment Trust | Industrials | Infrastructure Investment Trust | 0.56% |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (30/04/2027) (FV 500 Lacs) | Financial | Interest Rate Swap | 0.01% |
| GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 | Entities | GOI Securities | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (17/10/2026) (FV 1000 Lacs) | Financial | Interest Rate Swap | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -CCIL (16/08/2026) (FV 1500 Lacs) | Unspecified | Interest Rate Swap | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (17/10/2026) (FV 1000 Lacs) | Financial | Interest Rate Swap | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -DBS (16/08/2026) (FV 1000 Lacs) | Financial | Interest Rate Swap | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (20/09/2026) (FV 1000 Lacs) | Financial | Interest Rate Swap | -0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -CCIL (20/09/2026) (FV 1000 Lacs) | Unspecified | Interest Rate Swap | -0.00% |
| Net Payables | Unspecified | Net Payables | -29.43% |
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 | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +8.1% | +8.5% | +7.3% | +7.3% |
| Category average (Debt Floater) | +7.7% | +7.7% | +6.2% | -- |
| Rank (Debt Floater) | 1 | 1 | 1 | -- |
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) | |
|---|---|---|---|---|
 | +6.84% | +8.17% | 289.91 | |
 | +6.85% | +7.94% | 8,464.44 | |
 | +6.08% | +7.80% | 3,438.29 | |
 | +6.23% | +7.67% | 16,408.56 | |
 | +6.20% | +7.47% | 13,215.47 | |
| Compare | ||||
Fund management
HSHardik ShahJan 2022 - PresentView details
HS
Hardik Shah
Jan 2022 - Present
View details
APAditya PagariaJul 2021 - PresentView details
AP
Aditya Pagaria
Jul 2021 - Present
View details
About Axis Floating Interest Rates Fund Direct Growth
Axis Floating Interest Rates 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. Hardik Shah is the Current Fund Manager of Axis Floating Interest Rates Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,77,427 Cr and the Latest NAV as of 25 Aug 2026 is ₹1,426.95.
The Axis Floating Interest Rates Fund Direct Growth is rated 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
Fund house
Rank (total assets)#7 in India
Total AUM₹3,77,427.21 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,