Should I invest in Axis Floater Fund - Monthly IDCW?

We don't give personal investment advice. Axis Floater Fund - Regular Plan - Monthly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. 5-year CAGR: 0.12%.

Axis

Axis Floater Fund - Regular Plan - Monthly IDCW

Latest NAV

₹1,006.4841

As of

3 Jun 2026

1,177 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.04%	+0.03%	+0.01	11 / 26	Q2
1W	+0.10%	+0.16%	-0.06	23 / 26	Q4
2W	+0.31%	+0.19%	+0.11	10 / 26	Q2
1M	+0.12%	+0.11%	+0.01	13 / 26	Q2
3M	-0.03%	+0.25%	-0.28	21 / 26	Q4
6M	+0.37%	+1.07%	-0.70	18 / 26	Q3
YTD	+0.04%	+0.91%	-0.87	20 / 26	Q4
1Y	-2.13%	+2.52%	-4.64	26 / 26	Q4
2Y	-0.35%	+4.37%	-4.73	26 / 26	Q4
3Y	+0.13%	+4.49%	-4.36	24 / 26	Q4
4Y	+0.15%	+4.41%	-4.26	25 / 26	Q4
5Y	+0.12%	+3.75%	-3.63	24 / 26	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.12%	+3.75%	-3.63	24 / 26	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.04%	+0.91%	-0.87	20 / 26
2025	-0.53%	+4.81%	-5.33	26 / 26
2024	+1.06%	+5.21%	-4.14	19 / 26
2023	+0.07%	+4.62%	-4.55	22 / 26
2022	-0.01%	+2.33%	-2.34	23 / 26
2021	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.18%

47 windows

min -2.8% · max 3.3%

62% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.36%

23 windows

min -0.2% · max 1.1%

91% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.74%

3-year · annualised

Sharpe ratio

-2.31

vs risk-free 6.5%

Sortino ratio

-3.64

Downside-only deviation

Max drawdown

-4.36%

May 2025 → Apr 2026

% positive months

44.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Floater Fund

Scheme	Fund house	NAV	As of
SBI Floating Rate DEBT Fund - Regular Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹13.9703	3 Jun 2026
BANDHAN FLOATER FUND - REGULAR PLAN ANNUAL IDCW	Bandhan	₹10.2200	3 Jun 2026
Aditya Birla Sun Life Floating Rate Fund-Regular - DAILY IDCW	Aditya Birla Sun Life	₹100.0928	3 Jun 2026
KOTAK FLOATING RATE FUND-REGULAR PLAN-STANDARD Reinvestment of Income Distribution cum capital withdrawal option	Kotak	₹1,412.0106	3 Jun 2026
DSP Floater Fund - Regular Plan - IDCW	DSP	₹13.7638	3 Jun 2026
UTI Floater Fund - Regular Plan - Annual IDCW	UTI	₹1,490.6606	3 Jun 2026
Axis Floater Fund - Regular Plan - Annual IDCW	Axis	₹1,323.4355	3 Jun 2026
Tata Floating Rate Fund-Regular Plan-IDCW Monthly Dividend Reinvestment	Tata	₹13.3713	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,006.4841
2 Jun 2026	₹1,006.6283
1 Jun 2026	₹1,006.2438
31 May 2026	₹1,006.4840
29 May 2026	₹1,006.1806
27 May 2026	₹1,005.5055
26 May 2026	₹1,005.6534
25 May 2026	₹1,005.3832
22 May 2026	₹1,003.9852
21 May 2026	₹1,002.9739

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Floater Fund - Regular Plan - Monthly IDCW is ₹1,006.4841. It's a Floater Fund from Axis, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Floater Fund - Regular Plan - Monthly IDCW has NAV history starting from 02 Aug 2021, a track record of about 4 years 10 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Axis Floater Fund - Regular Plan - Monthly IDCW is managed by Axis. It's classified by AMFI under the 'Floater Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Floater Fund - Regular Plan - Monthly IDCW has delivered a absolute return of -2.13% — -4.64 pp behind the Floater Fund category average of 2.52%. The fund ranks #26 of 26 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Axis Floater Fund - Regular Plan - Monthly IDCW has delivered a CAGR of 0.13% — -4.36 pp behind the Floater Fund category average of 4.49%. The fund ranks #24 of 26 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Floater Fund - Regular Plan - Monthly IDCW has delivered a CAGR of 0.12% — -3.63 pp behind the Floater Fund category average of 3.75%. The fund ranks #24 of 26 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Floater Fund - Regular Plan - Monthly IDCW exactly 5 years ago would be worth approximately ₹100,585 today — a multiplier of 1.01×, based on the 5-year CAGR of 0.12%. The category average over the same window would have grown ₹1 lakh to ₹120,212.

A ₹10,000 monthly SIP in Axis Floater Fund - Regular Plan - Monthly IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹358,994 today. That's an XIRR (money-weighted annualised return) of -0.18%.

Axis Floater Fund - Regular Plan - Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹358,994 — XIRR -0.18%.

On a 5-year basis, Axis Floater Fund - Regular Plan - Monthly IDCW ranks #24 out of 26 funds in the Floater Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 3.75%; this fund delivered 0.12%.

The worst peak-to-trough decline Axis Floater Fund - Regular Plan - Monthly IDCW has experienced over the last 3-year window is 4.36% — its NAV fell from a high on 21 May 2025 to a low on 02 Apr 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Axis Floater Fund - Regular Plan - Monthly IDCW averaged 0.36% (best 1.07%, worst -0.21%). 91% of rolling windows ended positive. The 3-year Sharpe ratio is -2.31 — negative risk-adjusted performance.

In calendar year 2025, Axis Floater Fund - Regular Plan - Monthly IDCW returned -0.53% — lagging the Floater Fund category average of 4.81% by 5.33 pp. It ranked #26 of 26 in its category that year.

Axis Floater Fund - Regular Plan - Monthly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Floater Fund - Regular Plan - Monthly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. 5-year CAGR: 0.12%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.