Aditya Birla Sun Life Floating Rate Fund Direct Growth
Get the latest NAV of Aditya Birla Sun Life Floating Rate Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹353.66
NAV as on 09 May 2025
8.01%/per year
Since Inception
▲▼
149 people have invested ₹ 11.8L in Aditya Birla Sun Life Floating Rate Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
Aditya Birla Sun Life Floating Rate Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Aditya Birla Sun Life Floating Rate Fund Asset Allocation
as on (31-Dec-69)
Fund Distribution
as on (31-Dec-69)
Debt & Cash 99.7%
Aditya Birla Sun Life Floating Rate Fund Sector Allocation
as on (31-Dec-69)
Sector Allocation
Debt & Cash 99.7%
Top 3 Sectors in March were Financial Services, Corporate & Government
Financial Services
100%
Corporate
74%
Government
20%
Financial Services
100%
Corporate
70%
Government
23%
Aditya Birla Sun Life Floating Rate Fund Holdings Details
as on (30-Apr-25)
Debt & Cash
Aditya Birla Sun Life Floating Rate Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.22% |
Benchmark | NIFTY Low Duration Debt TR INR |
| AUM | ₹13438 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 443.04% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About Aditya Birla Sun Life Floating Rate Fund
Aditya Birla Sun Life Floating Rate Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Harshil Suvarnkar, Kaustubh Gupta. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Floating Rate Fund Direct Growth has ₹13438 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Aditya Birla Sun Life Floating Rate Fund Direct Growth has given a CAGR return of 8.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.49%, 7.67% and 6.78% respectively.
Holdings
Aditya Birla Sun Life Floating Rate Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.81% Govt Stock 2033, LIC Housing Finance Ltd, HDFC Bank Ltd., Bajaj Housing Finance Limited, National Bank For Agriculture And Rural Development
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Aditya Birla Sun Life Floating Rate Fund Direct Growth
The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life Floating Rate Fund Direct Growth has no lock in period.
Fund Manager
Harshil Suvarnkar
Fund Manager of Aditya Birla Sun Life Floating Rate Fund Direct Growth, since 22 March 2021
Kaustubh Gupta
Fund Manager of Aditya Birla Sun Life Floating Rate Fund Direct Growth, since 20 June 2014
- AUM of the fund stands at 13.3K Cr as of Mar'25
- AUM increased by 84.6 Cr between Mar'25 and Feb'25
Frequently Asked Questions for Aditya Birla Sun Life Floating Rate Fund Direct Growth
What is the current NAV of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What are the average returns of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
Aditya Birla Sun Life Floating Rate Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.49% | 8.49% |
3 Years Returns | 24.82% | 7.67% |
How do I invest in Aditya Birla Sun Life Floating Rate Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What is net assets under management (AUM) of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What are the top 5 holdings of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What are the top 3 sectors that this Aditya Birla Sun Life Floating Rate Fund Direct Growth has invested in?
What is the yield to maturity ratio of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What is the modified duration of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
What is the credit rating breakup of Aditya Birla Sun Life Floating Rate Fund Direct Growth?
AAA | 100 |