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Axis Floating Interest Rates Fund vs SBI Floating Interest Rates Fund

Floating Interest Rates Fund · Direct Plan – Growth · Compared on official AMFI NAV data · NAVs as of 30-Oct-2026

MetricAxis Floating Interest Rates FundSBI Floating Interest Rates Fund
Latest NAV₹1,424.94₹14.52
1-Year Return+6.88%+6.19%
3-Year Return (CAGR)+8.26%+7.50%
5-Year Return (CAGR)N/AN/A
Volatility (1Y, annualised)2.1%1.3%
Max Drawdown−1.3%−0.6%
Fund HouseAxis Mutual FundSBI Mutual Fund

Growth of ₹10,000

If you had invested ₹10,000 in each fund

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Axis Floating Interest Rates Fund vs SBI Floating Interest Rates Fund: which is better?

Axis Floating Interest Rates Fund and SBI Floating Interest Rates Fund are both floating interest rates fund mutual funds (direct plan, growth option). This comparison uses each fund's official AMFI NAV history — the same daily data the fund houses publish — to compare returns, volatility and drawdowns side by side.

On 3-year returns (annualised), Axis Floating Interest Rates Fund leads with +8.26% against +7.50% — a gap of about 0.76 percentage points per year over that period.

SBI Floating Interest Rates Fund has been the steadier fund over the past year, with annualised volatility of 1.3% versus 2.1%. Looking at worst falls, Axis Floating Interest Rates Fund's deepest drawdown in the stored history is −1.3% against −0.6% for SBI Floating Interest Rates Fund.

Which fund suits you depends on your horizon and appetite for swings: the higher-return fund is only the better pick if you can hold through its rougher months. Use the ₹10,000 growth chart above to see how each fund actually behaved through market cycles, and consider consulting a SEBI-registered adviser before investing. This comparison is informational, not investment advice.

Key takeaways

  • Axis Floating Interest Rates Fund has delivered higher 3-year returns (+8.26% vs +7.50%).
  • SBI Floating Interest Rates Fund has shown lower volatility over the trailing year.
  • SBI Floating Interest Rates Fund has had the shallower maximum drawdown (−0.6%).

Frequently Asked Questions

Which fund has given higher returns — Axis Floating Interest Rates Fund or SBI Floating Interest Rates Fund?

Over the past 3 year period, Axis Floating Interest Rates Fund has delivered higher returns: +8.26% versus +7.50% annualised. Past performance does not guarantee future results.

Which fund is less risky — Axis Floating Interest Rates Fund or SBI Floating Interest Rates Fund?

Based on the trailing year, SBI Floating Interest Rates Fund has shown lower day-to-day volatility (Axis Floating Interest Rates Fund: 2.1%, SBI Floating Interest Rates Fund: 1.3% annualised). Volatility and drawdowns describe past behaviour, not future safety — both funds carry the market risk of their category.

Can I invest in both Axis Floating Interest Rates Fund and SBI Floating Interest Rates Fund?

Yes — many investors split a SIP across two funds. If both funds are from the same category, remember they will hold overlapping stocks, so diversification benefits may be smaller than they appear. Check each scheme's portfolio before doubling up within one category.

Returns, volatility and drawdowns are computed from official AMFI NAV history for direct-growth plans and may differ slightly from fund-house factsheets due to date conventions. Mutual fund investments are subject to market risks. This comparison is for informational purposes only — not investment advice.