Aditya Birla Sun Life FloatIng Rate Fund-Direct - Daily IDCW
Fund House: Aditya Birla Sun Life Mutual Fund| Category: Debt: Floater |
| Launch Date: 01-01-2013 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Low Duration Debt Index A-I |
| TER: 0.25% As on (31-07-2026) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 13,215.47 Cr As on 31-07-2026(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
100.0938
-0.04 (-0.0384%)
6.66%
Benchmark: 6.28%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | - |
| Sharpe Ratio | - |
| Alpha | - |
| Beta | - |
| Yield to Maturity | 7.22 |
| Average Maturity | 1.78 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life FloatIng Rate Fund-Direct - Daily IDCW | 01-01-2013 | 6.12 | 7.21 | 7.51 | 6.71 | 6.38 |
| Axis Floater Fund - Regular Plan - Growth | 26-07-2021 | 7.56 | 7.53 | 8.17 | 6.88 | - |
| SBI FloatIng Rate Debt Fund - Regular Plan - Growth | 05-10-2020 | 6.31 | 7.1 | 7.5 | 6.56 | - |
| Bandhan Floater Fund - Regular Plan Growth | 18-02-2021 | 6.22 | 7.25 | 7.32 | 6.22 | - |
| Tata FloatIng Rate Fund-Regular Plan-Growth | 07-07-2021 | 6.14 | 7.02 | 7.09 | 6.27 | - |
| ICICI Prudential FloatIng Interest Fund - Growth | 17-11-2005 | 6.13 | 7.01 | 7.28 | 6.43 | 6.94 |
| Aditya Birla Sun Life FloatIng Rate Fund-Regular Plan-Growth | 01-06-2003 | 5.93 | 7.06 | 7.25 | 6.48 | 6.98 |
| FranklIn India FloatIng Rate Fund - Growth Plan | 23-04-2001 | 5.93 | 7.08 | 7.42 | 6.43 | 6.27 |
| HDFC FloatIng Rate Debt Fund - Growth Option | 05-10-2007 | 5.9 | 7.11 | 7.43 | 6.6 | 7.08 |
| UTI Floater Fund - Regular Plan - Growth Option | 05-10-2018 | 5.84 | 6.6 | 6.69 | 5.82 | - |
Scheme Characteristics
Minimum investment in floating rate instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
