Aditya Birla Sun Life Floating Rate Fund Regular Plan Growth - Latest NAV ₹264.0062, Returns, Performance & Portfolio

Aditya Birla Sun Life Floating Rate Fund Regular Plan Growth

  • highlight
    8.29%
  • highlight
    (+0.04)264.0062

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.15 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.9%
5 Years8.29%
3 Years8.24%
1 Year8.68%
6 Months4.32%
Fund Details
ISININF209K01MG9
RiskModerately Low risk
Fund TypeFloating Rate
NAV264.0062
Exit Load--

More about this fundstar

Top HoldingsWeightage
7.80% GOI Floating Rate Bonds 20206.22%
Small Industries Development Bank of India3.71%
REC Limited3.56%
National Highways Authority of India3.26%
Larsen and Toubro Limited2.58%
7.59% Govt Stock 20261.99%
8.26% UP SDL Spl 20221.62%
Reliance Industries Limited1.46%
National Bank For Agriculture and Rural Development1.45%
LIC Housing Finance Limited1.44%

About Aditya BSL Floating Rate Fund - L/T

The Aditya BSL Floating Rate Fund - L/T is an open-ended debt scheme. It seeks to provide income with capital growth over the short-term by investing in a portfolio comprising substantially of floating rate debt or money market securities.

Pros & Cons of Aditya BSL Floating Rate Fund - L/T

  • Being a long-term plan, the portfolio is usually skewed towards longer-term maturities. The asset allocation of the scheme is a minimum of 65% in floating rate debt securities and a maximum of 35% in fixed-rate debt securities.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Floater Fund category.
  • Further, it has generated returns of 8.49% per year over the last 5 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Floating Rate Fund - L/T

i) Inception / Launch Date

The scheme was launched on 05 June 2003 by Aditya Birla Sun Life Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-low risk level associated with it.

iii) Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Kaustubh Gupta is the Fund Manager of the Aditya BSL Floating Rate Fund - L/T since June 20, 2014.

v) Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Aditya BSL Floating Rate Fund - L/T

The following taxes are applicable to income arising from investing in this scheme:

  • STCG is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Aditya Birla Sun Life Mutual Fund

The Aditya Birla Sun Life Mutual Fund (ABSLMF) was established by a joint venture between the Aditya Birla Group and Sun Life Financial Inc. from Canada in 1994. Over the years, ABSLMF has grown in popularity and is today one of India’s leading fund houses. It offers a great range of investment products to investors along with smart solutions and user-friendly services.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.15 Lakhs in a period of 20 years
Moderately Low risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns