| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.19% |
| NAV | ₹261.06 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹6,408 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 8.7% |
| REC Ltd. | Financial | Bonds/Deb | 4.3% |
| Axis Bank Ltd. | Financial | NCD | 3.9% |
| Larsen & Toubro Ltd. | Construction | NCD | 2.8% |
| Bajaj Finance Ltd. | Financial | Debenture | 2.8% |
| Rabo Bank India Ltd. | Financial | CD | 2.3% |
| Reliance Industries Ltd. | Energy | NCD | 2.0% |
| Uttar Pradesh State | Others | SDL | 1.8% |
| National Highways Authority of India Ltd. | Services | NCD | 1.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 1.6% |
Aditya Birla Sun Life Floating Rate Direct Fund Growth is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Floating Rate Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,408 Cr and the Latest NAV as of 03 Jul 2020 is ₹261.06.
The Aditya Birla Sun Life Floating Rate Direct Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
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.