Floating Interest Rates · Debt

Axis Floating Interest Rates Fund

Axis Asset Management Co. Ltd.

Benchmark

NIFTY Medium to Long Duration Debt Index A-III

Riskometer

Moderate

Size

₹149 cr

Allotted

29 Jul 2021

Holdings as of

30 Sep 2026

Axis Floating Interest Rates Fund is a floating interest rates fund of Axis Asset Management Co. Ltd. with ₹149 cr under management. It is ahead of its benchmark (NIFTY Medium to Long Duration Debt Index A-III) in 3 of 3 periods. Its direct plan charges 0.22% a year. Aditya Pagaria has managed it for 5.2 years.

Has Axis Floating Interest Rates Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Medium to Long Duration Debt Index A-III, in 3 of 3 periods in AMFI's figures; +5.89% over the last year against +0.43%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−0.25%	−3.60%	—
3 months	+0.56%	−5.03%	—
6 months	+3.20%	−1.83%	—
1 year	+5.77%	−4.06%	+9.83 pts
3 years	+8.28%	+9.27%	−0.99 pts
5 years	+7.08%	+8.00%	−0.92 pts
10 years	—	+12.69%	—
Since start from 2 Aug 2021	+7.00%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Medium to Long Duration Debt Index A-III) in 3 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+5.89%	+5.60%	+0.43%	+5.46	🔒
3y	+8.30%	+7.97%	+5.90%	+2.40	🔒
5y	+7.09%	+6.72%	+5.05%	+2.04	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Floating Interest Rates funds, and how steady the lead is, in the app

Value of 100, month-end

Aug 2021 to 14 Oct 2026

Fund 141Nifty 500 TRI 159

₹100 put in at the start of Aug 2021 would be ₹141 on 14 Oct 2026, against ₹159 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Axis Floating Interest Rates Fund cost?

0.22% a year on the direct plan, 0.53% on the regular plan; 1 of 12 funds in its category charge less.

Direct plan

0.22% a year

Category median 0.28%

Regular plan

0.53% a year

Category median 0.64%

Gap

0.31 points

for the same holdings

1 of 12 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Floating Interest Rates Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Floating Interest Rates Fund?

Aditya Pagaria, since 29 Jul 2021; Hardik Shah, since 29 Jul 2021.

Aditya Pagaria

5.2 years

since 29 Jul 2021

Hardik Shah

5.2 years

since 29 Jul 2021

Benchmark as filedNIFTY Medium to Long Duration Debt Index A-III

Exit load

Nil

From 3 Scheme Summary Documents filed with NSE, first on 22 Sep 2026; as on 5 Oct 2026

What does Axis Floating Interest Rates Fund hold?

31 holdings as of 30 Sep 2026; the ten largest are 50.0% of the fund, the largest 6.94% Government of India (11/05/2036) at 9.9%.

Mix

Holdings as of 30 Sep 2026

Equity78.8%Debt16.3%Cash3.9%Other1.0%

Holdings

22 shares

Top ten

50.0%

of the fund

Effective holdings

17.4

spread, as if equal-weighted

Matched to our table

of the equity

Five largest

% of fund

6.94% Government of India (11/05/2036)9.89%

6.95% REC Limited (18/02/2028) **6.64%

7.34% Government of India (22/04/2064)5.95%

Jubilant Bevco Limited (31/05/2028) (ZCB)3.77%

Jubilant Beverages Limited (31/05/2028) (ZCB) **3.75%

Five largest industries

% of fund

CRISIL AAA38.1%

Sovereign28.4%

CRISIL AA9.50%

ICRA AA+8.50%

Transport Infrastructure7.00%

How does Axis Floating Interest Rates Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Axis Floating Interest Rates Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 100% of it differs from the index (an active fund is usually above 60%).

Active share 100.0%60%

Funds that hold much the same

% of holdings in common

Axis Medium Term Fund20.0% the same

9 shared holdings

Axis Gilt Fund17.7% the same

3 shared holdings

Invesco India Gilt Fund16.8% the same

2 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Axis Floating Interest Rates Fund?

Aditya Pagaria (manager) since 29 Jul 2021; Hardik Shah (manager) since 29 Jul 2021.

What is the expense ratio of Axis Floating Interest Rates Fund?

0.22% a year on the direct plan and 0.53% on the regular plan (expense report, Oct 2026).

How has Axis Floating Interest Rates Fund done?

Its direct plan returned +8.30% a year over 3 years against +5.90% for its benchmark, NIFTY Medium to Long Duration Debt Index A-III, as of 13 Oct 2026.