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Value Research Rating
Analyst’s Choice
Riskometer
Low to Moderate
₹328.0492 0.02%
As on 04-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Aditya Birla Sun Life Floating Rate Fund - Regular Plan
|
|
|
Low to Moderate
|
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0.44 |
|
 |
|
Low to Moderate
|
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0.49 |
||
|
|
Low to Moderate
|
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0.46 |
||
|
|
Low to Moderate
|
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0.28 |
|||
 |
|
Low to Moderate
|
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1.19 |
₹12,681 Cr
--
1,000
1
1,000
6
Investment Strategy
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.
Suitability
"This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Aditya Birla Sun Life Floating Rate Fund - Regular Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest.
Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Floating Rate Fund - Regular Plan fund can be purchased from the website of Aditya Birla Sun Life Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Aditya Birla Sun Life Floating Rate Fund - Regular Plan is ₹328.0492 as of 07-Oct-2024.
The AUM of Aditya Birla Sun Life Floating Rate Fund - Regular Plan Fund is ₹12,681 Cr as of 30-Sep-2024
The riskometer level of Aditya Birla Sun Life Floating Rate Fund - Regular Plan is Low to Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI GOI FRB 22/09/2033 |
8.50
|
|
LIC Housing Finance Ltd Debenture 6.40 30/11/2026 |
3.26
|
|
National Bank For Agriculture & Rural Development SR Debenture 5.70 22-D 31/07/2025 |
3.22
|
|
HDB Financial Services Ltd SR 189 Debenture 7.99 16/03/2026 |
2.36
|
|
Bajaj Housing Finance Ltd Debenture 8.10 08/07/2027 |
2.03
|
As of 30-Sep-2024, Aditya Birla Sun Life Floating Rate Fund - Regular Plan had invested 95.77% in Debt and 4.23% in Cash & Cash Eq. See More
Aditya Birla Sun Life Floating Rate Fund - Regular Plan is 15 years 6 months old. It has delivered 7.94% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.71%
|
6.32%
|
6.47%
|
6.83%
|
7.42%
|
7.94%
|
No, There is no lock in period in Aditya Birla Sun Life Floating Rate Fund - Regular Plan.
The expense ratio of Aditya Birla Sun Life Floating Rate Fund - Regular Plan is 0.44.
