- Mutual Funds
- Aditya Birla Sun Life Mutual Fund
- Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W)
Formerly Aditya BSL FRF L/T Retl Wk DR
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 100.6279
NAV (Oct 3)
Fund Returns
Last 1Y | 8% |
Last 3Y | 5.5% |
Last 5Y | 6.3% |
Last 10Y | 6.1% |
Since Inception | 6.6% |
6 Month CAGR | 4.5% |
Scheme Information
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.
Expense Ratio | 0.45 |
Launched (16y ago) | Apr 25, 2007 |
AUM in Crores | 13089.032 |
ISIN | INF209K01MI5 |
Lock-in | No Lock-in |
Benchmark | Crisil Low Duration Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1 |
Standard Deviation (5yr) | 1.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.753 |
Sharpe Ratio (5yr) | 1.062 |
YTM | 7.47 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) | 8,52,757 | 1,20,145 | 6.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Debt Holdings
8.51% govt stock 2033
10.3%6.97% govt stock 2024
3.5%7.38% govt stock 2027
3.1%fullerton india credit company ltd
2.6%net receivables / (payables)
2.4%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Aditya Birla Sun Life AMC Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 3.9% | ||
5.2% | 7.4% | ||
5.1% | 6.8% | ||
5.2% | 7.3% | ||
5.1% | 7.1% |
Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) Review
Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) is a Floater Debt fund and has delivered an annualised return of 6.6% over a period of 16 years. The fund was previously known as Aditya BSL FRF L/T Retl Wk DR. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Dhaval Joshi, Harshil Suvarnkar, Kaustubh Gupta.
Nav of Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) as of 10/3/2023 is ₹100.63 with the total AUM as of 10/4/2023 is ₹13089.032. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) was launched on Apr 25, 2007. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) 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 Rnvstmnt (RIDCW-W) 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 Rnvstmnt (RIDCW-W) is rated as a 4 fund in Debt and delivered 8% 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 Rnvstmnt (RIDCW-W).
Frequently Asked Questions
What is Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W)?
How to invest in Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W)?
You can invest in Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) 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 Rnvstmnt (RIDCW-W)?
The minimum sip amount for Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) is ₹0. You can invest in multiples of ₹5000.
Is Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) good to invest in?
As per Scripbox experts, Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) is a Top Ranked fund. You can investAditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) 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 Rnvstmnt (RIDCW-W)?
The expense ratio of the Aditya Birla Sun Life Floating Rate Fund Retail Rnvstmnt (RIDCW-W) is 0.45% for regular plan.