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.
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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%
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.
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.
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.
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?
Recommended
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.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
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
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
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.
