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Unrated

Aditya Birla Sun Life Floating Rate Fund - Retail Plan download report


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

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."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Aditya Birla SL Floating Rate Ret-G 1.34 0.02 0.12 -0.12 0.80 1.55 3.57 6.19 6.72 7.32 7.94
CCIL T Bill Liquidity Weight 0.62 0.01 0.07 -0.01 0.29 0.83 1.92 2.75 3.33 3.73 4.28
Debt: Floater 0.80 0.01 0.08 -0.20 0.43 0.89 3.01 6.04 6.44 6.88 7.45

As on 26-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Floating Rate Fund - Retail Plan  | Invest Online
Unrated
Jun-03 3.57 6.19 6.72 0.28% 16,278
HDFC Floating Rate Debt Fund  | Invest Online
Unrated
Oct-07 3.42 6.39 6.75 0.48% 18,661
Aditya Birla Sun Life Floating Rate Fund  | Invest Online
Unrated
Mar-09 3.57 6.18 6.72 0.48% 16,278
ICICI Prudential Floating Interest Fund  | Invest Now
Unrated
Nov-05 2.94 6.21 6.40 1.30% 16,087
Nippon India Floating Rate Fund  | Invest Online
Unrated
Aug-04 2.91 6.88 6.75 0.59% 14,223

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.14 24-Mar-2020 - 31-Mar-2020 -1.29 12-Mar-2020 - 19-Mar-2020
Month 2.84 24-Mar-2020 - 23-Apr-2020 -1.55 20-Feb-2020 - 23-Mar-2020
Quarter 5.14 24-Mar-2020 - 24-Jun-2020 -0.29 24-Dec-2019 - 24-Mar-2020
Year 10.35 26-Jul-2013 - 28-Jul-2014 3.49 08-Jan-2021 - 10-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Aditya Birla SL Floating Rate Ret-G 6.32 1.22 2.29 4.23 1.51 3.81
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Floater 6.13 1.31 1.99 3.97 1.17 3.39

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 188 232 176 75
Modified Duration (yrs) 0.59 1.31 0.59 0.94
Average Maturity (yrs) 1.41 1.88 1.24 2.23
Yield to Maturity (%) 5.24 5.24 4.31 5.28
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.51% GOI 2024 GOI Securities SOV 0.42 - 5.95 5.57
down GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.91 - 5.83 4.34
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 1.69 - 3.33 3.07
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 1.98 - 2.82 2.31
up National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 2.15 - 3.22 2.15
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 2.20 2.03
equal 4.75% Axis Bank 30/06/2022 Fixed Deposits -- 0.00 - 2.16 2.00
equal Reliance Industries 21/09/2023 Debenture AAA 0.48 - 2.05 1.90
equal 5.09% National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.31 - 2.06 1.90
up 5.14% M&M Financial Services 23/01/2023 Floating Rate Debenture AAA 0.00 - 1.84 1.84
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 1.16 - 1.99 1.84
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 1.95 1.81
equal Indusind Bank 2022 Certificate of Deposit A1+ 0.00 - 1.93 1.79
equal Cholamandalam Investment & Finance Company 363-D 14/09/2022 Commercial Paper A1+ 0.00 - 1.79 1.66
equal Aditya Birla Housing Finance 15/03/2024 Debenture AAA 1.17 - 1.76 1.56
equal Aditya Birla Finance 17/03/2023 Debenture AAA 1.17 - 1.76 1.55
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.87 1.47
equal L&T Finance 345-D 05/08/2022 Commercial Paper A1+ 0.00 - 1.47 1.37
up SIDBI 22/02/2023 Certificate of Deposit A1+ 0.00 - 1.33 1.33
equal 8.27% Rajasthan State 23/06/2023 State Development Loan SOV 0.00 - 1.38 1.27
new Axis Finance 178-D 09/09/2022 Commercial Paper A1+ 0.00 - 1.21 1.21
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.73 - 1.19 1.10
down 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 1.39 1.03
equal 4.80% M&M Financial Services 2022 Debenture AAA 0.69 - 1.04 0.92
equal Bajaj Housing Finance 365-D 19/07/2022 Commercial Paper A1+ 0.00 - 0.98 0.91

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager


0.02%

Change from previous, NAV as on 26-May-2022

Growth: ₹ 402.4916

IDCW Weekly: ₹ 100.3041


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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 05-Jun-2003
Return Since Launch: 7.61%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 16,278 Cr (As on 30-Apr-2022)
Expense: 0.28% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly24-May-20220.1450

 17-May-20220.0187
 26-Apr-20220.1308
 19-Apr-20220.0940
 05-Apr-20220.1401
 29-Mar-20220.3320
 22-Mar-20220.1323
 15-Mar-20220.1197
 02-Mar-20220.0083
 22-Feb-20220.0519
 15-Feb-20220.1457
 08-Feb-20220.0672
 25-Jan-20220.1014
 18-Jan-20220.0926
 11-Jan-20220.1021
 04-Jan-20220.1028
 28-Dec-20210.0402
 14-Dec-20210.0509
 07-Dec-20210.0785
 30-Nov-20210.0415
 23-Nov-20210.0612
 16-Nov-20210.0549
 09-Nov-20210.1689
 26-Oct-20210.0362
 20-Oct-20210.0570
IDCW Daily10-Feb-20110.0019

 09-Feb-20110.0020
 08-Feb-20110.0019
 07-Feb-20110.0019
 04-Feb-20110.0055
 03-Feb-20110.0019
 02-Feb-20110.0019
 01-Feb-20110.0018
 31-Jan-20110.0018
 28-Jan-20110.0058
 27-Jan-20110.0022
 25-Jan-20110.0037
 24-Jan-20110.0017
 21-Jan-20110.0056
 20-Jan-20110.0018
 19-Jan-20110.0019
 18-Jan-20110.0019
 17-Jan-20110.0018
 14-Jan-20110.0056
 13-Jan-20110.0019
 12-Jan-20110.0019
 11-Jan-20110.0019
 10-Jan-20110.0018
 07-Jan-20110.0057
 06-Jan-20110.0019
IDCW Monthly11-Feb-20110.0307

 28-Jan-20110.0526
 31-Dec-20100.0597
 26-Nov-20100.0451
 29-Oct-20100.0552
 24-Sep-20100.0387
 27-Aug-20100.0317
 30-Jul-20100.0420
 25-Jun-20100.0327
 28-May-20100.0395
 30-Apr-20100.0491
 26-Mar-20100.0350
 26-Feb-20100.0350
 29-Jan-20100.0476
 29-Dec-20090.0403
 27-Nov-20090.0492
 30-Oct-20090.0619
 25-Sep-20090.0575
 28-Aug-20090.0463
 31-Jul-20090.0568
 26-Jun-20090.0428
 29-May-20090.0552
 24-Apr-20090.0445
 30-Mar-20090.0482
 27-Feb-20090.0455

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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