In this paper, soft-edge toroidal amplitude filter (STAF) and soft-edge toroidal complex amplitude filter (STCAF) are designed according to the principle that soft-edge structures can eliminate diffraction. Based on the Mach-Zehnder interference principle, a double optical path compound interference modulation method that can generate soft annular beams is proposed by using STAF and STCAF. The 1/e2 radius and peak-to-average ratio (PAR) were used to evaluate the ring width and uniformity of the annular beam. Compared with the annular beams generated by STAF and hard-edge toroidal amplitude filter (HTAF), it can be found that the soft annular beam generated by this proposed method has the advantages of high uniformity, small ring width increment, and smooth edges. By analyzing the influence of the number and height of the sawtooth structures on the annular beam propagation performance, the relationship between the PAR and the structure parameters of the STAF was established. Moreover, three kinds of toroidal filters were designed by lithography processing, and an experimental system was built to generate the soft annular beam. In the experiment, the average value of the ring width increment of the soft annular beam is 0.0125, the PAR is less than 1.5, and the root mean square error of the PAR curve is 0.0865, which indicates that the soft annular beam maintains high uniformity during propagation.