Two funds walk into a table. Only the numbers talk.
UTI Floating Interest Rates Fund vs Axis Floating Interest Rates Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AUTI Floating Interest Rates Fund
UTI Mutual Fund- Floater Fund
- Direct plan
- Low to Moderate Risk
NAV ₹1,696.75 on 13 Nov 2026
- BAxis Floating Interest Rates Fund
Axis Mutual Fund- Floater Fund
- Direct plan
- High Risk
NAV ₹1,437.13 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 5 years all of them have been around.
Grew faster
BAxis Floating Interest Rates Fund
Axis Floating Interest Rates Fund returned 7.3% a year over 5 years, against 6.4% for UTI Floating Interest Rates Fund. ₹1 lakh invested 5 years ago would be about ₹1.42 Lakh today, against ₹1.36 Lakh.
Smoother ride
AUTI Floating Interest Rates Fund
UTI Floating Interest Rates Fund swung the least: about 0.6% a year either way, against 2.1% for Axis Floating Interest Rates Fund. Lower means fewer scary days.
Costs less
BAxis Floating Interest Rates Fund
Axis Floating Interest Rates Fund charges 0.22% a year, against 0.44% for UTI Floating Interest Rates Fund. On ₹1 lakh that's ₹220 a year against ₹440, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AUTI Floating Interest Rates Fund₹13,617 from ₹10,000(6.4% a year)
- BAxis Floating Interest Rates Fund₹14,192 from ₹10,000(7.3% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AUTI Floating Interest Rates Fund
- Strength: Swings less than most funds in its category
- Strength: Low cost: 0.44% a year
- Watch out: In the bottom quarter of its category over 5 years (#12 of 12)
BAxis Floating Interest Rates Fund
- Strength: In the top quarter of its category over 5 years (#1 of 12)
- Strength: Beat a 5-year SBI FD: 7.3% a year over 5 years, against 6.05%
- Strength: Low cost: 0.22% a year
- Watch out: Swings more than most funds in its category
- Watch out: Small fund (₹149 Cr), often newer or less tested
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AUTI Floating Interest Rates Fund | BAxis Floating Interest Rates Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 5.7%#5 of 12 · avg 5.6% | 6.6%Best#1 of 12 · avg 5.6% |
| 3 yearsPer year, over a full market mood swing | 7%#12 of 12 · avg 7.6% | 8.3%Best#1 of 12 · avg 7.6% |
| 5 yearsPer year, the fairest single test | 6.4%#12 of 12 · avg 6.8% | 7.3%Best#1 of 12 · avg 6.8% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 0.6%Bestcategory avg 0.9% | 2.1%category avg 0.9% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −1.5%category avg −1.4% | −1.3%data from 2 Aug 2021 only |
| Best 12 monthsIts strongest year | 10.3% | 12.8%data from 2 Aug 2021 only |
| Worst 12 monthsIts weakest year | 3.1% | 3.4%data from 2 Aug 2021 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 100% | 100%data from 2 Aug 2021 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 0.44% | 0.22%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹1,506 Cr | ₹149 Cr |
| Minimum SIPSmallest monthly amount | ₹500Best | ₹1,000 |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AUTI Floating Interest Rates Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BAxis Floating Interest Rates Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- you care about keeping costs low, which adds up over decades