|Min SIP Amount||₹1000|
|NAV||₹101.76 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹7,110 Cr|
|Small Industries Devp. Bank of India Ltd.||Financial||NCD||3.7%|
|Axis Bank Ltd.||Financial||NCD||3.5%|
|National Highways Authority of India Ltd.||Services||NCD||3.3%|
|Larsen & Toubro Ltd.||Construction||NCD||2.6%|
|Rabo Bank India Ltd.||Financial||CD||2.1%|
|Uttar Pradesh State||Others||SDL||1.6%|
|Reliance Industries Ltd.||Energy||Debenture||1.5%|
Aditya Birla Sun Life Floating Rate Direct Fund Dividend Weekly 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹7,110 Cr and the Latest NAV as of 23 Oct 2020 is ₹101.76.
The Aditya Birla Sun Life Floating Rate Direct Fund Dividend Weekly is rated Moderately Low 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.