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Fincash » Mutual Funds » Aditya Birla Sun Life Floating Rate Fund Long Term

Aditya Birla Sun Life Floating Rate Fund - Long Term - G

NAV  ₹313.105 ↑ 0.05  (0.02 %) as on 1 Mar 24

Scheme Objective

The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments.

Aditya Birla Sun Life Floating Rate Fund - Long Term is a Debt - Floating Rate fund launched on 25 Mar 09. It is a fund with Moderately Low risk and has given a CAGR return of 7.9% since its launch.  Ranked 14 in Floating Rate category.  Return for 2023 was 7.5% , 2022 was 4.8% and 2021 was 3.6% .

Below is the key information for Aditya Birla Sun Life Floating Rate Fund - Long Term

NAV as on 1 Mar 24₹313.105 ↑ 0.05  (0.02 %)
Net Assets (AUM) as on 15 Feb 2024 ₹12,243 Cr.
Launch Date25 Mar 2009
CategoryDebt - Floating Rate
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.87%
Effective Maturity1 Year 1 Month 10 Days
Modified Duration11 Months 19 Days
Alpha Ratio0.0
Expense Ratio0.45 %
Sharpe Ratio1.533
Information Ratio0.0
BenchmarkNot Available
ISININF209K01MG9
AMCBirla Sun Life Asset Management Co Ltd
Min Investment ₹1,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.7%
3 Year 5.8%
5 Year 6.6%
10 Year
15 Year
Since launch 7.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.5%
2022 4.8%
2021 3.6%
2020 8.6%
2019 8.6%
2018 7.5%
2017 6.9%
2016 9.5%
2015 8.9%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,864
28 Feb 21₹11,612
28 Feb 22₹12,145
28 Feb 23₹12,783
29 Feb 24₹13,766
Aditya Birla Sun Life Floating Rate Fund - Long Term Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash26.42%
Debt73.31%
Other0.27%
Aditya Birla Sun Life Floating Rate Fund - Long Term Asset Allocation

Sector Allocation

SectorValue
Corporate51.92%
Government34.95%
Cash Equivalent11.62%
Securitized1.24%
RatingValue
AAA100%
Aditya Birla Sun Life Floating Rate Fund - Long Term Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
8.25% Govt Stock 2033
Sovereign Bonds | -
9%₹1,110 Cr109,500,000
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹459 Cr45,420,900
↑ 3,500,000
7.14% Govt Stock 2024
Sovereign Bonds | -
3%₹360 Cr36,000,000
Fullerton India Credit Company Ltd
Debentures | -
3%₹335 Cr3,350
National Bank For Agriculture And Rural Development
Debentures | -
3%₹325 Cr3,350
7.33% Govt Stock 2026
Sovereign Bonds | -
2%₹252 Cr25,000,000
Aditya Birla Housing Finance Limited
Debentures | -
2%₹250 Cr2,500
Rural Electrification Corporation Limited
Debentures | -
2%₹199 Cr20,000
8.1% Govt Stock 2034
Sovereign Bonds | -
2%₹189 Cr19,000,000
State Bank Of India
Debentures | -
1%₹183 Cr1,900
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Fund Managers

NameSinceTenure
Kaustubh Gupta20 Jun 149.62 Yr.
Harshil Suvarnkar22 Mar 212.87 Yr.
Dhaval Joshi21 Nov 221.2 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Aditya Birla Sun Life Mutual FundOne India Bulls Centre , Tower 1,,17th Floor, Jupiter Mill Compound,,841, Senapati Bapat Marg,,Elphinstone Road,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Aditya Birla Sun Life Floating Rate Fund - Long Term
Growth
₹313.105
↑ 0.05
3.46 %7.69 %5.84 %6.6 %
Data as on 1 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.