Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.16% | -0.61% | 0.30% | 2.92% | 5.42% | 8.19% | 7.03% | – | – |
NAV history
About this fund
Axis Floating Interest Rates Fund is a debt fund offered by Axis Mutual Fund, classified under Debt as Debt Scheme - Floater Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹1,420.57.
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Axis Floating Interest Rates Fund has recorded a return of about 5.4%, with a three-year return of 8.2% and a five-year return of 7.0%. Its annualised volatility is 1.8% — relatively low fluctuations — and its Sharpe ratio is -0.61, a measure of return per unit of risk taken.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 7.52 | 7.43 | 3.36 | 12.81 | 100% | 2% |
| 3Y | 8.03 | 8.22 | 6.62 | 8.96 | 100% | 0% |
| 5Y | 7.21 | 7.21 | 7.03 | 7.35 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Franklin India Floating Interest Rates Fund Debt Scheme - Floater Fund | 0.09 | 0.78 | 2.66 | 5.92 | 7.93 | 7.11 | 6.90 | – |
| Nippon India Floating Interest Rates Fund Debt Scheme - Floater Fund | -0.29 | 0.34 | 2.15 | 4.41 | 7.22 | 6.48 | 7.12 | – |
| HDFC Floating Interest Rates Fund Debt Scheme - Floater Fund | -0.31 | 0.47 | 2.20 | 5.08 | 7.33 | 6.72 | 7.14 | – |
| ICICI Prudential Floating Interest Rates Fund Debt Scheme - Floater Fund | -0.39 | 0.48 | 2.24 | 5.65 | 7.55 | 6.91 | 7.52 | – |
| Aditya Birla Sun Life Floating Interest Rates Fund Debt Scheme - Floater Fund | 0.00 | 1.00 | 2.61 | 5.58 | 7.28 | 6.73 | 7.10 | – |
| UTI Floating Interest Rates Fund Debt Scheme - Floater Fund | 0.05 | 0.98 | 2.59 | 5.58 | 6.97 | 6.28 | – | – |
| Kotak Floating Interest Rates Fund Debt Scheme - Floater Fund | -0.19 | 0.47 | 2.26 | 5.02 | 7.50 | 6.60 | – | – |
| SBI Floating Interest Rates Fund Debt Scheme - Floater Fund | 0.04 | 0.58 | 3.14 | 6.06 | 7.37 | 6.64 | – | – |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Short Term Fund Debt Scheme - Short Duration Fund | -0.28 | 0.46 | 2.32 | 4.81 | 7.61 | 6.69 | 7.37 | – |
| Axis Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.14 | 1.23 | 2.83 | 5.96 | 7.34 | 6.67 | 6.99 | – |
| Axis Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -4.36 | -3.10 | -1.99 | 0.58 | 12.52 | 7.89 | 11.23 | 0.70 |
| Axis Small Cap Fund Equity Scheme - Small Cap Fund | -7.14 | -3.36 | 3.77 | 3.05 | 12.76 | 14.43 | 18.24 | 0.54 |
| Axis Credit Risk Fund Debt Scheme - Credit Risk Fund | -0.22 | 0.93 | 3.48 | 7.15 | 8.60 | 7.55 | 7.58 | 0.68 |
| Axis Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.53 | 1.48 | 3.06 | 6.63 | 7.29 | 6.84 | 6.45 | 0.27 |
| Axis Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -1.62 | -1.06 | 1.67 | 1.71 | 8.75 | 7.26 | 9.26 | 0.93 |
| AXIS Corporate Bond Fund Debt Scheme - Corporate Bond Fund | -0.43 | 0.16 | 2.08 | 4.25 | 7.47 | 6.64 | – | 0.30 |