Fund Performance
Lumpsum
SIP
5.38
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,701 today.
NAV Performance
Fund Information
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₹ 304.030
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 1,000
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₹ 11,709 Cr.
as on 31 May 2023 -
0.45%
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30 Mar 2009
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CRISIL 10 Year Gilt Index
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Aditya Birla Sun Life Mutual Fund
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Highlights of this fund
Aditya Birla Sun Life Floating Rate Fund is an Open-ended Debt Fund. The fund belongs to Floater Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 30 Mar 2009. This fund is offered by one of the top AMC (Assets Management Company) Aditya Birla Sun Life Mutual Fund. You can also view here all other Debt funds offered by Aditya Birla Sun Life Mutual Fund.
Latest NAV of the fund is ₹ 304.030 as on 22 Sep 2023.
This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.45%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 1,000.
Fund Objective
To generate regular income through investments in a portfolio comprising substantially of floating rate debt/money market instruments.
List of Fund Managers of Aditya Birla Sun Life Floating Rate Fund
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About Kaustubh Gupta
Kaustubh Gupta is a Senior Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). Kaustubh brings with him 14 years of extensive investment experience having worked in various capacities of treasury finance, liquidity management and now fund management. Prior to joining ABSLAMC in 2009, Kaustubh worked with ICICI Bank for 5 year in the Asset Liability Management team. He is a Chartered Account and CFA (Level 2) by qualification.
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About Harshil Survankar
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.13% | 0.85% | 2.68% | 4.81% | 7.79% | 5.59% | 5.74% | 7.18% | 7.65% | 8.81% | 7.19% | 6.24% | 6.45% | 7.05% |
| Category Average | 0.12% | 0.72% | 2.08% | 4.24% | 7.36% | 5.13% | 5.29% | 6.69% | 7.26% | 7.87% | 6.49% | 5.75% | 6.16% | 6.73% |
| Aditya Birla Sun Life Floating Rate Fund | 0.13%₹ 10,012 | 0.69%₹ 10,068 | 1.95%₹ 10,195 | 4.10%₹ 10,410 | 7.42%₹ 10,741 | 7.79%₹ 12,500 | 5.55%₹ 11,141 | 6.66%₹ 25,686 | 5.38%₹ 11,701 | 5.96%₹ 39,408 | 6.77%₹ 13,882 | 6.17%₹ 70,129 | 7.65%₹ 20,918 | 6.97%₹ 1,71,825 |
| HDFC Floating Rate Debt Fund | 0.12%₹ 10,012 | 0.78%₹ 10,078 | 2.28%₹ 10,227 | 4.46%₹ 10,445 | 7.67%₹ 10,766 | 8.32%₹ 12,533 | 5.59%₹ 11,148 | 6.93%₹ 25,754 | 5.74%₹ 11,822 | 6.17%₹ 39,535 | 6.93%₹ 13,986 | 6.43%₹ 70,579 | 7.63%₹ 20,880 | 7.05%₹ 1,72,534 |
| ICICI Prudential Floating Interest Fund | 0.12%₹ 10,011 | 0.85%₹ 10,084 | 2.68%₹ 10,267 | 4.81%₹ 10,480 | 7.79%₹ 10,779 | 8.81%₹ 12,564 | 5.31%₹ 11,089 | 7.19%₹ 25,821 | 5.67%₹ 11,800 | 6.24%₹ 39,576 | 6.84%₹ 13,926 | 6.45%₹ 70,616 | 7.43%₹ 20,501 | 6.92%₹ 1,71,375 |
| Kotak Floating Rate Fund | 0.13%₹ 10,012 | 0.68%₹ 10,067 | 2.03%₹ 10,203 | 4.13%₹ 10,413 | 7.13%₹ 10,713 | 7.62%₹ 12,489 | 4.73%₹ 10,969 | 6.13%₹ 25,548 | 5.46%₹ 11,729 | 5.59%₹ 39,194 | - | - | - | - |
| Nippon India Floating Rate Fund | 0.13%₹ 10,013 | 0.72%₹ 10,072 | 1.87%₹ 10,186 | 4.25%₹ 10,424 | 7.30%₹ 10,729 | 7.61%₹ 12,489 | 4.91%₹ 11,006 | 6.18%₹ 25,562 | 5.32%₹ 11,683 | 5.55%₹ 39,169 | 7.18%₹ 14,146 | 6.27%₹ 70,295 | 7.53%₹ 20,676 | 6.90%₹ 1,71,184 |
| Franklin India Floating Rate Fund | 0.13%₹ 10,012 | 0.78%₹ 10,078 | 2.20%₹ 10,220 | 4.24%₹ 10,424 | 7.61%₹ 10,760 | 8.08%₹ 12,518 | 5.20%₹ 11,067 | 6.58%₹ 25,664 | 4.94%₹ 11,556 | 5.69%₹ 39,253 | 5.73%₹ 13,215 | 5.49%₹ 68,944 | 6.04%₹ 17,989 | 5.81%₹ 1,61,676 |
Portfolio Holdings
Top Debt Instrument Type holdings of Aditya Birla Sun Life Floating Rate Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 42.41% | ₹ 5,177.44 Cr. |
| CD | 28.20% | ₹ 3,441.56 Cr. |
| GOI | 13.84% | ₹ 1,690.99 Cr. |
| CP | 13.05% | ₹ 1,595.44 Cr. |
| PTC | 0.77% | ₹ 94.44 Cr. |
| Others | 1.73% | - |
Top Debt Holdings of Aditya Birla Sun Life Floating Rate Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 13.84% | ₹ 1,690.99 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 7.96% | ₹ 972.43 Cr. |
| Bond - Small Industries Development Bank Of India | 7.06% | ₹ 860.83 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 5.03% | ₹ 614.99 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 4.73% | ₹ 579.11 Cr. |
| Others | 61.38% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 1.36% |
| TREPS | 0.29% |