Aditya Birla Sun Life Floating Rate Fund Growth is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 24 Mar 2009. Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Floating Rate Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹6,102 Cr and the Latest NAV as of 17 Oct 2019 is ₹240.56.
The Aditya Birla Sun Life Floating Rate Fund Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
The primary objective of the Scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments. The scheme will endeavour to minimise interest rate risk.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment