Aditya Birla Sun Life Floating Rate Direct Fund-Growth

Q: What are the returns of Aditya Birla Sun Life Floating Rate Fund?

The Aditya Birla Sun Life Floating Rate Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.02% since inception. Aditya Birla Sun Life Floating Rate Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.62% 7.5% 6.86% 7.63% 8.02%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹353.1651+0.03% 1 day change	8.02% p.a.	#NA View Ranked Funds	5

Historical NAV & returns

NAV: ₹353.1651 as on Apr 23, 2025

This fund Category average

Aditya Birla Sun Life Floating Rate Fund overview

VRO rating	5
Expense ratio	0.22% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹13,275 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Low Duration Debt Index A-I
Min. investment	SIP ₹1000 & Lump. ₹1000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Aditya Birla Sun Life Floating Rate Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	1.3%	1.73%
3 months	2.61%	3.11%
6 months	4.37%	4.89%
1 year	8.62%	9.73%
3 years	7.5%	7.81%
5 years	6.86%	7.13%
7 years	7.29%	7.46%
10 years	7.63%	7.6%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 65.0315004%

A1+ 22.24890311%

SOV 10.58503481%

Cash & Call Money 1.95640695%

Top Debt Holdings

REC Ltd. 7.3%

Canara Bank 5.9%

Small Industries Devp. Bank of India Ltd. 4.89%

GOI 4.09%

Allocation by Instruments

Debenture 40.94770133999999%

Certificate of Deposit 20.11207939%

Non Convertible Debenture 10.47008813%

GOI Securities Floating Rate Bond 6.18597514%

Other Holdings

Others 0.57%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Aditya Birla Sun Life Floating Rate Fund	N.A.	₹13,275 Crs	12 yrs 3 m	0.22%
Franklin India Floating Rate Fund	N.A.	₹314 Crs	12 yrs 3 m	0.28%
UTI Floater Fund	N.A.	₹1,385 Crs	6 yrs 6 m	0.45%
HDFC Floating Rate Debt Fund	N.A.	₹14,724 Crs	12 yrs 3 m	0.26%
ICICI Prudential Floating Interest Fund	N.A.	₹6,964 Crs	12 yrs 3 m	0.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Aditya Birla Sun Life Floating Rate Fund	1.3%	4.37%	8.62%	7.5%	6.86%	7.63%
Franklin India Floating Rate Fund	2.19%	5.39%	10.24%	8.3%	7.01%	7.05%
UTI Floater Fund	1.29%	4.25%	8.11%	7.08%	6.34%	4.45%
HDFC Floating Rate Debt Fund	1.49%	4.63%	9.21%	7.83%	7.22%	7.64%
ICICI Prudential Floating Interest Fund	1.39%	4.44%	9.03%	8.21%	7.64%	8.03%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Aditya Birla Sun Life Floating Rate Fund	0.59	1.22	1.47	1.55
Franklin India Floating Rate Fund	0.74	1.42	1.84	2.15
UTI Floater Fund	0.56	1.19	0.8	0.91
HDFC Floating Rate Debt Fund	0.76	1.3	1.42	1.35
ICICI Prudential Floating Interest Fund	1.12	1.08	1.3	1.6

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.41 vs. 4.1 Underperformed at beating benchmark
Sharpe	1.47 vs. 4.82 Poor risk-adjusted returns
Beta	1.22 vs. 1.4 Less sensitive to market ups & downs
Standard deviation	0.59 vs. 0.93 More stable returns

Compare Aditya Birla Sun Life Floating Rate Fund in detail with

About this fund

About Aditya Birla Sun Life Floating Rate Fund

Aditya Birla Sun Life Floating Rate Direct Fund-Growth is a Floater mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Aditya Birla Sun Life Floating Rate Direct Fund-Growth has ₹13,275 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Aditya Birla Sun Life Floating Rate Direct Fund-Growth as of 23/04/2025 is ₹353.17. The fund has an expense ratio of 0.22%, which is close to what most other Floater funds charge.

Aditya Birla Sun Life Floating Rate Direct Fund-Growth returns of last 1-year are 8.64%. Since launch, it has delivered 8.02% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Aditya Birla Sun Life Floating Rate Direct Fund-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in REC Ltd., Canara Bank, Small Industries Devp. Bank of India Ltd., GOI, India Universal Trust AL1.

...

Fund AUM	₹13,275 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Harshil Suvarnkar

Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law. Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls Housing Finance Limited,

Kaustubh Gupta

Mr. Gupta is a B.Com and a Chartered Accountant. Prior to joining Aditya Birla Sun Life AMC he has worked with ICICI Bank.

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.

Aditya Birla Sun Life Mutual Fund details

No. of schemes	89 view all schemes
Total AUM	₹3,82,890 Crs as on Mar 31, 2025
Address	One World Center, Tower 1, 17th Floor, Jupiter Mill Compound Senapati Bapat Marg, Elphinstone Road Mumbai, 400013

More funds from Aditya Birla Sun Life Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Aditya Birla Sun Life Medium Term Fund	N.A.	₹2,206 Crs	15.37%	15.04%
Aditya Birla Sun Life Credit Risk Fund	N.A.	₹970 Crs	18.16%	11.58%
Aditya Birla Sun Life Long Duration Fund	N.A.	₹150 Crs	13.77%	N.A.
Aditya Birla Sun Life Dynamic Bond Fund	N.A.	₹1,767 Crs	12.51%	9.46%
Aditya Birla Sun Life Government Securities Fund	N.A.	₹1,972 Crs	12.86%	8.53%
Aditya Birla Sun Life Short Term Fund	N.A.	₹8,068 Crs	10.04%	7.92%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Aditya Birla Sun Life Floating Rate Fund?

The current Net Asset Value (NAV) of the Aditya Birla Sun Life Floating Rate Fund - Direct Growth plan is approximately ₹353.1651 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Aditya Birla Sun Life Floating Rate Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.02% since inception.

Aditya Birla Sun Life Floating Rate Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.62%	7.5%	6.86%	7.63%	8.02%

How much does this mutual fund charge as expense ratio?

The Aditya Birla Sun Life Floating Rate Fund - Direct Growth has an expense ratio of 0.22%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Aditya Birla Sun Life Floating Rate Fund currently has assets under management (AUM) or fund size valued at approximately ₹13,275 Crs crore as of Mar 31, 2025.

To whom does Aditya Birla Sun Life Floating Rate Fund lend to?

The top 3 debt holdings of Aditya Birla Sun Life Floating Rate Fund are as follows

Holding Name	Percentage of Portfolio
REC Ltd.	7.3%
Canara Bank	5.9%
Small Industries Devp. Bank of India Ltd.	4.89%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Aditya Birla Sun Life Floating Rate Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	65.0315004%
A1+	22.24890311%
SOV	10.58503481%

What is risk level of Aditya Birla Sun Life Floating Rate Fund?

This is a Floater fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Aditya Birla Sun Life Floating Rate Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Aditya Birla Sun Life Floating Rate Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Aditya Birla Sun Life Floating Rate Fund is complete.

How can I redeem my investments in Aditya Birla Sun Life Floating Rate Fund?

Redeeming your investments in Aditya Birla Sun Life Floating Rate Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Aditya Birla Sun Life Floating Rate Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Floater

#NA

Age: This is the oldest Floater fund.
Expense Ratio: This fund has the 2nd lowest expense ratio amongst actively/passively managed Floater funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.