Aditya Birla Sun Life Floating Rate Direct Fund Growth+0.04%

3Groww
9.48%
1 Year Return
Debt
Floater
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Floating Rate Direct Fund Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.16%
NAV242.77 (18 Sep 2019)
Fund Started01 Jan 2013
Fund Size5,986 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Aditya Birla Sun Life Floating Rate Direct Fund Growth
9.5%
8.0%
8.7%
8.9%
Category Average
8.3%
7.2%
7.8%
-
Rank within category
2
1
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 9.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Power Finance Corpn. Ltd.FinancialBonds7.1%
    Axis Bank Ltd.FinancialCD4.2%
    REC Ltd.FinancialBonds/Deb3.3%
    Small Industries Devp. Bank of India Ltd.FinancialSecuritised Debt2.8%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture2.8%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.5%
    Export-Import Bank Of IndiaFinancialCD2.4%
    L&T Finance Ltd.FinancialCP2.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.0%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture1.9%
    See All

    Fund Managers

    addKaustubh Gupta
    Education
    Mr. Gupta is a B.Com and a Chartered Accountant.
    Experience
    Prior to joining Birla Sun Life AMC he has worked with ICICI Bank.
    Funds Managed

    Other Details

    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 introduced to investors on 01 Jan 2013. Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Floating Rate Direct Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹5,986 Cr and the Latest NAV as of 18 Sep 2019 is ₹242.77.

    The Aditya Birla Sun Life Floating Rate Direct Fund Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.

    Investment Objective

    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.

    Tax Implications

    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)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Aditya Birla Sun Life Mutual Fund

    Address
    One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
    Phone
    022 43568000
    Launch Date
    22 Dec 1994
    Aditya Birla Sun Life Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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