Franklin India Floating Interest Rates Fund vs Axis Floating Interest Rates Fund
Franklin India Floating Interest Rates Fund (Direct) and Axis Floating Interest Rates Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Floating Interest Rates Fund schemes — see the best floater mutual funds for the full ranking.
Head to head
NAVs as of 06 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Aug 2021 – 06 Oct 2026, limited by Axis Floating Interest Rates Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Franklin India Floating Interest Rates Fund | Axis Floating Interest Rates Fund |
|---|---|---|
| 02 Aug 2021 | ₹100.00 | ₹100.00 |
| 07 Jan 2022 | ₹101.45 | ₹101.47 |
| 13 Jun 2022 | ₹102.53 | ₹102.99 |
| 18 Nov 2022 | ₹105.57 | ₹105.85 |
| 24 Apr 2023 | ₹109.05 | ₹109.27 |
| 29 Sep 2023 | ₹113.17 | ₹112.23 |
| 05 Mar 2024 | ₹116.67 | ₹116.72 |
| 09 Aug 2024 | ₹121.64 | ₹121.62 |
| 14 Jan 2025 | ₹125.71 | ₹125.14 |
| 20 Jun 2025 | ₹132.06 | ₹132.07 |
| 25 Nov 2025 | ₹135.51 | ₹135.07 |
| 01 May 2026 | ₹139.05 | ₹137.64 |
| 06 Oct 2026 | ₹142.54 | ₹142.54 |
| Metric | Franklin Templeton · Direct NAV ₹48.20 Moderate risk ★★★☆☆ | Axis · Direct NAV ₹1,426.62 Moderate risk ★★★★☆ | Category median Floating Interest Rates Fund · 12 funds |
|---|---|---|---|
| +6.22% | +6.42%Best in row | +5.98% | |
| +8.00% | +8.43%Best in row | +7.60% | |
| +7.15% | +7.17% | +6.77% | |
| +6.93% | — | +7.17% | |
| +7.70% | +7.72% | — | |
| +6.97% | +8.03%Best in row | +7.50% | |
| +6.80% | +7.24%Best in row | +6.89% | |
| +6.88% | — | +7.61% | |
| Risk | |||
| 0.81%Best in row | 2.09% | 0.81% | |
| 1.85Best in row | 0.93 | 1.24 | |
| 3.05Best in row | 1.36 | 1.92 | |
| -1.29% | -1.26% | -1.31% | |
| 0.38% | 0.22%Best in row | 0.28% | |
| ₹500 | ₹1.00K | — | |
| ₹1.00K | ₹5.00K | — | |
| Sandeep Manam | Aditya Pagaria | — | |
| 31 Dec 2012 | 02 Aug 2021 | — | |
| — | 3 | — | |
| — | 5.6% | — | |
| 3.0% | 2.9% | — | |
10 rows carry the same value for every fund — show
- Since inception (CAGR)
- +7.09%
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Fund size (AUM)
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Franklin India Floating Interest Rates Fund or Axis Floating Interest Rates Fund?
Over the last 3 years, Axis Floating Interest Rates Fund returned +8.43% CAGR against Franklin India Floating Interest Rates Fund's +8.00%, computed from AMFI NAV history. Over 5 years: Franklin India Floating Interest Rates Fund +7.15% vs Axis Floating Interest Rates Fund +7.17% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Franklin India Floating Interest Rates Fund or Axis Floating Interest Rates Fund?
Axis Floating Interest Rates Fund has the lower expense ratio: Franklin India Floating Interest Rates Fund charges 0.38% a year against Axis Floating Interest Rates Fund's 0.22%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Franklin India Floating Interest Rates Fund or Axis Floating Interest Rates Fund?
Axis Floating Interest Rates Fund has shown higher volatility (+2.09% annualized vs Franklin India Floating Interest Rates Fund's +0.81%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Franklin India Floating Interest Rates Fund -0.52% vs Axis Floating Interest Rates Fund -1.26%.
Are Franklin India Floating Interest Rates Fund and Axis Floating Interest Rates Fund in the same category?
Yes — both are Floating Interest Rates Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.