Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth
Fund House: Aditya Birla Sun Life Mutual Fund| Category: Debt: Floater |
| Launch Date: 01-06-2003 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Low Duration Debt |
| TER: 0.44% As on (30-08-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 12,664.75 Cr As on 30-08-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
472.445
0.06 (0.0126%)
7.56%
Benchmark: 8.74%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE India Bond 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 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
| Standard Deviation | 0.7 |
| Sharpe Ratio | 0.61 |
| Alpha | 3.21 |
| Beta | 1.39 |
| Yield to Maturity | 7.71 |
| Average Maturity | 2.27 |
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-Retail Plan-Growth | 01-06-2003 | 7.51 | 7.42 | 6.18 | 6.45 | 7.43 |
| Axis Floater Fund - Regular Plan - Growth | 26-07-2021 | 9.7 | 8.34 | 6.67 | - | - |
| DSP Floater Fund - Regular Plan - Growth | 02-03-2021 | 8.86 | 8.34 | 6.21 | - | - |
| Baroda BNP Paribas Floater Fund - Regular Plan - Growth option | 12-04-2023 | 8.29 | - | - | - | - |
| SBI Floating Rate Debt Fund - Regular Plan - Growth | 05-10-2020 | 7.92 | 7.72 | 6.25 | - | - |
| Franklin India Floating Rate Fund - Growth Plan | 23-04-2001 | 7.85 | 7.68 | 6.06 | 5.81 | 6.13 |
| HDFC Floating Rate Debt Fund - Growth Option | 05-10-2007 | 7.84 | 7.7 | 6.32 | 6.75 | 7.46 |
| Nippon India Floating Rate Fund - Growth Plan-Growth Option | 27-08-2004 | 7.7 | 7.4 | 5.82 | 6.8 | 7.35 |
| Kotak Floating Rate Fund-Regular Plan-Growth Option | 05-05-2019 | 7.69 | 7.32 | 5.72 | 6.64 | - |
| BANDHAN FLOATING RATE FUND - REGULAR PLAN GROWTH | 18-02-2021 | 7.69 | 7.09 | 5.69 | - | - |
Scheme Characteristics
Minimum investment in floating rate instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.93%
