- Mutual Funds
- Aditya Birla Sun Life Mutual Fund
- Aditya Birla Sun Life Floating Rate Fund (G)
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
₹ 329.2259
NAV (Oct 15)
Fund Returns
Last 1Y | 8% |
Last 3Y | 6.4% |
Last 5Y | 6.5% |
Last 10Y | 7.4% |
Since Inception | 8% |
6 Month CAGR | 4% |
Scheme Information
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, it may also invest a portion of its net assets in fixed rate debt securities and money market instruments.
Expense Ratio | 0.44 |
Launched (0y ago) | 0.44 |
AUM in Crores | 12681.3 |
ISIN | INF209K01MG9 |
Lock-in | - |
Benchmark | NIFTY Low Duration Debt Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.7 |
Beta | 1.4 |
Sharpe Ratio | 0.6 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Rate Fund (G) | 8,56,833 | 1,24,221 | 6.5% | |
| 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
GOI
8.8%LIC Housing Finance Ltd.
3.5%National Bank For Agriculture & Rural Development
3.1%Others
2.5%HDB Financial Services Ltd.
2.4%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Aditya Birla Sun Life Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.3% | 7.4% | ||
5.4% | 5.3% | ||
6.4% | 7.4% | ||
6.4% | 8% | ||
5.8% | 7.2% |
Aditya Birla Sun Life Floating Rate Fund (G) Review
Aditya Birla Sun Life Floating Rate Fund (G) is a Floater Debt fund and has delivered an annualised return of 7.951% over a period of NaN years. The fund is managed by Aditya Birla Sun Life Mutual Fund. The fund managers are Dhaval Joshi, Harshil Suvarnkar, Kaustubh Gupta.
Nav of Aditya Birla Sun Life Floating Rate Fund (G) as of 10/15/2024 is ₹329.23 with the total AUM as of 10/16/2024 is ₹12681.306401. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Floating Rate Fund (G) was launched on . The category risk of the fund is Low.
The minimum SIP amount for Aditya Birla Sun Life Floating Rate Fund (G) is ₹1000 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 (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 NIFTY Low Duration Debt Index A-I.
It is rated as a 4 fund in Debt and delivered 7.97% 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 (G).
Frequently Asked Questions
What is Aditya Birla Sun Life Floating Rate Fund (G)?
How to invest in Aditya Birla Sun Life Floating Rate Fund (G)?
You can invest in Aditya Birla Sun Life Floating Rate Fund (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 (G)?
The minimum sip amount for Aditya Birla Sun Life Floating Rate Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Aditya Birla Sun Life Floating Rate Fund (G) good to invest in?
As per Scripbox experts, it is a 4 fund. You can invest in it 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 (G)?
The expense ratio of the Aditya Birla Sun Life Floating Rate Fund (G) is 0.44% for regular plan.
What is the NAV of Aditya Birla Sun Life Floating Rate Fund (G)?
Today's Aditya Birla Sun Life Floating Rate Fund (G) NAV is ₹329.23.