Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl

Debt

Aditya Birla Sun Life Mutual Fund

Floating Rate

Get the latest NAV of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl. 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.

₹101.11

NAV as on 14 Jul 2025

6.52%/per year

Since Inception

Absolute Gain%

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Fund Performance

as on (14-Jul-25)

Period
This Fund
Floating Rate Index
1 Month
0.59%
0.49%
3 Months
2.11%
2.11%
6 Months
4.71%
4.8%
1 Year
8.7%
8.94%
3 Years
7.79%
7.93%
5 Years
6.39%
6.35%

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit

Total Corpus

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Absolute Return
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Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Debt & Cash 99.7%

AAA
100%
Cash allocation has gone down from 19.1% to 17.6%
Cash allocation has gone down from 19.1% to 17.6%
Debt allocation has gone up from 80.7% to 82.1%
Debt allocation has gone up from 80.7% to 82.1%

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Debt & Cash 99.7%

Corporate
68.8%
Government
23.4%
Cash Equivalent
7.1%
Securitize
0.8%

Top 3 Sectors in May were Financial Services, Corporate & Government

May'25

Financial Services

100%

Corporate

72%

Government

23%

Apr'25

Financial Services

100%

Corporate

71%

Government

24%

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.22%
Benchmark
NIFTY Low Duration Debt TR INR
AUM₹13531 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
443.04%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta, Harshil Suvarnkar. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl has ₹13531 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl has given a CAGR return of 6.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.70%, 7.79% and 6.39% respectively.

Holdings

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.81% Govt Stock 2033, HDFC Bank Ltd., Bajaj Housing Finance Limited, National Bank For Agriculture And Rural Development, Rec Limited

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 Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl

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 Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl has no lock in period.

Fund Manager

Kaustubh Gupta

Fund Manager of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl, since 20 June 2014

Harshil Suvarnkar

Fund Manager of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl, since 22 March 2021

Learn more about Aditya Birla Sun Life Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 13.7K Cr
₹ 13.4K Cr
₹ 13.3K Cr
  • AUM of the fund stands at 13.7K Cr as of May'25
  • AUM increased by 220.6 Cr between May'25 and Apr'25

Frequently Asked Questions for Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl

How do I invest in Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl?

INDmoney makes it simple to invest in the Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl?

The NAV of the fund today is ₹101.11. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl fund has generated a return of 8.70% in 1 year, 7.79% in 3 years, 6.39% in 5 years.

Who is the fund manager of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl?

The fund managers are Kaustubh Gupta, Harshil Suvarnkar.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.22%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹13531 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Aditya Birla Sun Life Floating Rate Fund Direct Plan Daily Rnvstmnt Inc Dist cum Cap Wdrl?

The top 3 holdings of the fund are 7.81% Govt Stock 2033(5.56%), HDFC Bank Ltd.(2.12%), Bajaj Housing Finance Limited(1.81%)