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    • Aditya Birla Sun Life Mutual Fund
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    • Aditya Birla Sun Life Floating Rate Fund Retail (Growth)

    Formerly Aditya BSL FRF L/T Retl Gr

    Aditya Birla Sun Life Mutual Fund

    Aditya Birla Sun Life Floating Rate Fund Retail (Growth)

    DebtFloater

    Top Ranked

    394.7308

    NAV (Sep 23)

    7.6%
    3 Year CAGR
    Scripbox Opinion

    Top Ranked

    These are the top-ranked funds within floater mutual funds.However, Scripbox does not recommend investing in floater mutual funds.Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.

    This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    18 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    20,848 Cr. Category leader in size

    Impact of Interest Rate Changes

    Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change

    Credit Quality Of Fund's Portfolio

    Low Credit Risk. The fund has a high credit quality compared to other debt funds

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    Short Term Money

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    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
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      Expert Investing Only, Car, Down Payment

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    Historical NAV

    394.7308

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    5%
    Last 3Y
    7.6%
    Last 5Y
    7.4%
    Last 10Y
    8.4%
    Since Inception
    7.8%
    6 Month CAGR
    2.9%
    info-icon-blue

    Scheme Information

    Investment Objective

    The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Low to Moderate Risk

    Expense Ratio
    0.42
    Launched (18y ago)
    Jun 05, 2003
    AUM in Crores
    20847.119
    ISIN
    INF209K01MF1
    Lock-in
    No Lock-in
    Benchmark
    CRISIL Liquid Fund TR INR
    SIP Minimum
    0
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Harshil Suvarnkar

    Fund Manager

    user-avatar

    Kaustubh Gupta

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

    build-long-item-wealth-img

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    Aditya Birla Sun Life AMC Ltd

    Aditya Birla Sun Life AMC Ltd manages assets worth 315,409 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,329 debt and 19 hybrid funds.

    amc-img

  • tel-amc-about
    022-43568000
  • mail-amc-about
    care.mutualfunds@adityabirlacapital.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    17.8%

    15.1%

    recommended-badge

    5.1%

    7.1%

    top-ranked-badge

    5.1%

    6.9%

    top-ranked-badge

    5.1%

    7.2%

    top-ranked-badge

    5.1%

    6.8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Aditya Birla Sun Life Floating Rate Fund Retail (G)

    About Aditya Birla Sun Life Floating Rate Fund Retail (G)

    Aditya Birla Sun Life Floating Rate Fund Retail (G) is a Floater Debt fund and has delivered an annualised return of 7.8% over a period of 18 years. The fund was previously known as Aditya BSL FRF L/T Retl Gr . The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Harshil Suvarnkar, Kaustubh Gupta

    Aditya Birla Sun Life Floating Rate Fund Retail (G) Investment Objective

    The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments. . However, there is no assurance that the objective of the scheme will be realized.

    Aditya Birla Sun Life Floating Rate Fund Retail (G) NAV,AUM,Risk

    The Aditya Birla Sun Life Floating Rate Fund Retail (G) fund was launched on Jun 05, 2003. The NAV (Net Asset Value) of this Floater Debt fund as of 2021-09-23 is ₹394.73. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹20847.119. The category risk of the Aditya Birla Sun Life Floating Rate Fund Retail (G) fund is Low to Moderate Risk. The fund charges 0.42 % as expense ratio.

    Aditya Birla Sun Life Floating Rate Fund Retail (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 79.8% in this asset class. The top three holdings of the fund are , 8.79% govt stock 2021 , national bank for agriculture and rural development , reliance ports and terminals limited , net receivables / (payables) , govt stock , clearing corporation of india limited , axis bank limited , 8.21% hr sdl spl 2023 , national bank for agriculture and rural development , l&t finance limited , power finance corporation limited , sikka ports & terminals limited , goi floating rate bond 2024 , rural electrification corporation limited , panatone finvest limited , rural electrification corporation limited , national bank for agriculture and rural development , cholamandalam investment and fin. co. ltd , aditya birla finance limited , national bank for agriculture and rural development , power finance corporation limited , aditya birla housing finance limited , nabha power limited , 182 dtb 25112021 , l&t finance limited , reliance industries limited , larsen and toubro limited , national bank for agriculture and rural development , mahindra & mahindra financial services ltd , kotak mahindra prime limited , 7.37% govt stock 2023 , lic housing finance limited , national bank for agriculture and rural development , 7.16% govt stock 2023 , 08.27% rj sdl spl 2023 , bajaj housing finance limited , lic housing finance limited , mahindra & mahindra financial services ltd , 8.54% maharashtra sdl 2023 , 9.39% gujarat sdl 2023 , housing development finance corporation limited , 182 dtb 02122021 , national bank for agriculture and rural development , power finance corporation limited , aditya birla finance limited , hdb financial services limited , power finance corporation limited , lic housing finance limited , embassy office parks reit , housing development finance corporation limited , rural electrification corporation limited , bajaj finance limited , power finance corporation limited , rural electrification corporation limited , lic housing finance limited , rural electrification corporation limited , 8.26% up sdl spl 2022 , power finance corporation limited , power finance corporation limited , 8.25% sdl tamil nadu sdl 2023 , 07.77 od sdl 2023 , reliance industries limited , 8.08% govt stock 2022 , mahindra & mahindra limited , bajaj finance limited , hdb financial services limited , bajaj housing finance limited , bajaj housing finance limited , 364 dtb 09122021 , l&t infrastructure finance company limited , 6.30% govt stock 2023 , power finance corporation limited , national bank for agriculture and rural development , reliance industries limited , jamnagar utilities & power private limited , 8.60% haryana sdl 2023 , 8.64% madhya pradesh sdl 2023 , hdb financial services limited , housing and urban development corporation limited , aditya birla finance limited , tata capital financial services limited , tata capital limited , kotak mahindra investments limited , john deere financial india pvt. ltd. , housing development finance corporation limited , 182 dtb 12112021 , bajaj housing finance limited , hdb financial services limited , 8.21% rj sdl spl 2023 , 182 dtb 09122021 , bajaj finance limited , tata capital limited , 05.09 tn sdl 2023 , 08.48 ka sdl 2022 , indian oil corporation limited , export-import bank of india , state bank of india , 8.25% up sdl spl 2023 , 8.10% tamil nadu sdl 2023 , mahindra & mahindra financial services limited , 7.68% mp sdl spl 2023 , l&t infrastructure finance company limited , mahindra & mahindra financial services limited , bajaj finance limited , 8.86% tamil nadu sdl 2022 , 8.63% madhya pradesh sdl 2023 , tata capital housing finance limited , power finance corporation limited , fullerton india credit company limited , 8.39% rj sdl spl 2023 , 07.69 as sdl 2023 , kotak mahindra investments limited , rural electrification corporation limited , bajaj finance limited , 06.10 ka sdl 2021 , bajaj finance limited , lic housing finance limited , aditya birla finance limited , 8.72% bihar sdl 2022 , reliance utilities and power private limited , rural electrification corporation limited , national bank for agriculture and rural development , tata cleantech capital limited , lic housing finance limited , lic housing finance limited , reliance industries limited , axis finance limited , reliance industries limited , l&t finance limited , tata capital financial services limited , sundaram finance limited , ntpc limited , state bank of india , 0% goi - 17062023 strips , fullerton india home finance company limited , 8.66% west bengal sdl 2023 , 7.63% ts sdl spl 2023 , lic housing finance limited , l&t finance limited , fullerton india credit company ltd , can fin homes limited , hdfc bank limited , idfc first bank limited , lic housing finance limited , national bank for agriculture and rural development , 7.67% tn sdl spl 2023 , 8.91% punjab sdl 2022 , power finance corporation limited , bajaj housing finance limited , housing development finance corporation limited , power finance corporation limited , lic housing finance limited , larsen and toubro limited , 0% goi - 02jan23 strips , sundaram finance limited , tata capital financial services limited , housing and urban development corporation limited (hudco) , 8.90% maharashtra sdl 2022 , 8.59% andhra pradesh sdl 2023 , rec limited , rural electrification corporation limited , indian oil corporation limited , national bank for agriculture and rural development , 8.51% up sdl spl 2023 mar , 08.55% rajasthan sdl spl 2022 , india grid trust , larsen and toubro limited , reliance jio infocomm limited , hindustan petroleum corporation limited , mangalore refinery & petrochemicals limited , rural electrification corporation limited , lic housing finance limited , rec limited , goi 17.12.2022 gov , 08.55% up spl 2022 , 08.71% up sdl spl 2022 , export-import bank of india , first business receivables trust , lic housing finance limited , housing development finance corporation limited , idfc first bank limited , canfin homes limited , l&t finance limited , 8.44% up sdl spl 2023 , 0% goi - 15062023 strips , 8.64% andhra pradesh sdl 2023 , export-import bank of india , 9.79% maharashtra sdl 2023 , state bank of india , tata capital financial services limited

    Aditya Birla Sun Life Floating Rate Fund Retail (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Aditya Birla Sun Life Floating Rate Fund Retail (G) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Fund TR INR.

    Aditya Birla Sun Life Floating Rate Fund Retail (G) Review

    Aditya Birla Sun Life Floating Rate Fund Retail (G) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Aditya Birla Sun Life Floating Rate Fund Retail (G) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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