Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth

Fund House: Aditya Birla Sun Life Mutual Fund
Category: Debt: Floater
Launch Date: 01-06-2003
Asset Class: Fixed Income
Benchmark: CRISIL Liquid TRI
Expense Ratio: 0.37% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 15,238.89 Cr As on (30-04-2021)
Turn over: - | Exit Load: Nil

268.2396

8.45%

PERFORMANCE

Returns Type:
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Start :  
End : 
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This Scheme
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vs
S&P BSE India Bond Index
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Gold
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PPF
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Returns Type:
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  Period:  

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Period:  

RETURNS ANALYSIS

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
5 Years 9 Months
5 Years 9 Months
5 Years 9 Months
5 Years 9 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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.

Current Asset Allocation (%)

Indicators

Volatility 0.81
Sharp Ratio 6.76
Alpha -1.36
Beta 1.39
Yield to Maturity 4.89
Average Maturity 1.55

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-Regular Plan-Growth 01-06-2003 6.77 7.61 7.93 7.76 8.65
KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION 05-05-2019 9.18 7.98 - - -
ICICI Prudential Floating Interest Fund - Growth 17-11-2005 8.31 7.9 7.81 7.54 8.3
Nippon India Floating Rate Fund - Growth Plan-Growth Option 27-08-2004 8.29 9.02 8.76 7.78 8.4
HDFC Floating Rate Debt Fund - Growth Option 05-10-2007 7.84 7.95 8.06 7.75 8.49
Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth 01-06-2003 6.77 7.61 7.93 7.76 8.6
Franklin India Floating Rate Fund - Growth Plan 23-04-2001 5.6 6.08 6.37 6.23 6.53
UTI - Floater Fund - Regular Plan - Growth Option 07-10-2018 5.35 6.69 - - -

Scheme Characteristics

Minimum investment in floating rate instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.03%

Scheme Documents

March 2021

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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