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.
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 398.018
NAV (Jan 17)
Fund Returns
Last 1Y
4%
Last 3Y
6.8%
Last 5Y
6.9%
Last 10Y
8.2%
Since Inception
7.7%
6 Month CAGR
1.8%
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 301,874 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.
Aditya Birla Sun Life Floating Rate Fund Retail (G) Review
Aditya Birla Sun Life Floating Rate Fund Retail (G) is a Floater Debt fund and has delivered an annualised return of 7.7% 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.
Nav of Aditya Birla Sun Life Floating Rate Fund Retail (G) as of 17/01/2022 is ₹398.02 with the total AUM as of 18/01/2022 is ₹16499.755. With Scripbox you can compare and check the latest nav
for all mutual funds in India. Aditya Birla Sun Life Floating Rate Fund Retail (G) was launched on Jun 05, 2003. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Aditya Birla Sun Life Floating Rate Fund Retail (G) is ₹0 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.
Check your estimated returns on mutual funds by using sip calculator.
Aditya Birla Sun Life Floating Rate Fund Retail (G) 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 Low Duration Debt TR INR.
Aditya Birla Sun Life Floating Rate Fund Retail (G) is rated as a 4 fund in Debt and delivered 4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life Floating Rate Fund Retail (G).
Frequently Asked Questions
What is Aditya Birla Sun Life Floating Rate Fund Retail (G)?
Aditya Birla Sun Life Floating Rate Fund Retail (G) is a Floater Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.
How to invest in Aditya Birla Sun Life Floating Rate Fund Retail (G)?
You can invest in Aditya Birla Sun Life Floating Rate Fund Retail (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Aditya Birla Sun Life Floating Rate Fund Retail (G)?
The minimum sip amount for Aditya Birla Sun Life Floating Rate Fund Retail (G) is ₹0. You can invest in multiples of ₹5000.
Is Aditya Birla Sun Life Floating Rate Fund Retail (G) good to invest in?
As per Scripbox experts, Aditya Birla Sun Life Floating Rate Fund Retail (G) is a Top Ranked fund. You can invest Aditya Birla Sun Life Floating Rate Fund Retail (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Aditya Birla Sun Life Floating Rate Fund Retail (G)?
The expense ratio of the Aditya Birla Sun Life Floating Rate Fund Retail (G) is 0.46% for regular plan.
