|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹275.80 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹15,976 Cr|
|National Bank For Agriculture & Rural Development||Financial||NCD||3.2%|
|Axis Bank Ltd.||Financial||Debenture||3.1%|
|Sikka Ports and Terminals Ltd.||Energy||Debenture||2.6%|
|Indian Oil Corporation Ltd.||Energy||Debenture||1.8%|
|Aditya Birla Finance Ltd.||Financial||Debenture||1.6%|
|Nabha Power Ltd.||Engineering||Debenture||1.6%|
|Aditya Birla Housing Finance Ltd.||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 ₹15,976 Cr and the Latest NAV as of 23 Jul 2021 is ₹275.80.
The Aditya Birla Sun Life Floating Rate Direct Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, it may also invest a portion of its net assets in fixed rate debt securities and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.