DEBT•FLOATER FUND
Aditya Birla Sun Life Floating Rate Fund
3 Year return
7.56%
NAV on August 11, 2026
383.83
1D Returns
+0.27%
Launched on January 2013(13 years)
Investment Details
₹1000
Minimum SIP Amount
₹1000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.56%₹452
Total Value ₹4,052
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹13,519.32 Cr.
Expense Ratio
0.25% (inclusive of GST)
Exit Load
NIL
Ratings
5
Ratings by other agencies
Value Research
5
Crisil
0
Morning Star
4
Tax Implications
Tax on gains as per your income tax bracket
Aditya Birla Sun Life Mutual Fund Manager
HS
Harshil Suvarnkar
Fund Manager since Mar 2023
KG
Kaustubh Gupta
Fund Manager since Sep 2014
Fund House Details
Aditya Birla Sun Life Mutual Fund
Asset management company
AUM
₹4,32,523.84 Cr.
No. of Schemes
238
Setup Date
September 1994
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Axis Floater Fund | 8.5492% | 0 |
| Franklin India Floating Rate Fund | 8.2633% | 1.5 |
| ICICI Prudential Floating Interest Fund | 8.1308% | 4 |
Schemes by Aditya Birla Sun Life Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Other . FoFs Domestic
Aditya Birla Sun Life Aggressive Hybrid Omni FoF Direct IDCW Reinvestment12.5019%
The Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth is a debt fund managed by Aditya Birla Sun Life Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund.
The fund invests in a portfolio of floating rate instruments, which are debt securities whose interest rates are linked to a benchmark interest rate such as the repo rate. This means that the interest payments on the fund's investments will change in line with the benchmark interest rate.
The fund aims to generate income by investing in a diversified portfolio of floating rate instruments.
Investment Objectives of the Scheme
The investment objective of the Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of floating rate instruments. The fund will invest at least 80% of its assets in floating rate instruments.
Key Features of The Fund
5-year return
6.7684%
Expense Ratio
0.25%
Fund Manager
Harshil Suvarnkar
Fund Size
₹13519.32 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
The Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth is a good option for investors who are looking for a fixed income investment with moderate risk. The fund is also a good option for investors who are looking to generate income from their investments.
However, the fund is not suitable for investors who are looking for high returns or who are not comfortable with the risk of interest rates rising.
AMC Contact Details
| Name | Aditya Birla Sun Life Mutual Fund |
| Launch Date | September 1994 |
| Address | One India Bulls Centre, Tower-1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai, 400013 |
| Contact | 1-800-22-7000 |
| care.mutualfunds@adityabirlacapital.com | |
| Website | https://mutualfund.adityabirlacapital.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Aditya Birla Sun Life Floating Rate Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Aditya Birla Sun Life Floating Rate Fund on August 11, 2026, is ₹383.83
What is the AUM of Aditya Birla Sun Life Floating Rate Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Aditya Birla Sun Life Floating Rate Fund, is ₹13519.32 crore.
What is the expense ratio of Aditya Birla Sun Life Floating Rate Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Aditya Birla Sun Life Floating Rate Fund is 0.25%
What are the returns of Aditya Birla Sun Life Floating Rate Fund since inception?
The Aditya Birla Sun Life Floating Rate Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Aditya Birla Sun Life Floating Rate Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Aditya Birla Sun Life Floating Rate Fund is ₹1000.
How do I invest in Aditya Birla Sun Life Floating Rate Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Aditya Birla Sun Life Floating Rate Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Aditya Birla Sun Life Floating Rate Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Aditya Birla Sun Life Floating Rate Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,052 in 3Y at 7.5603% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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