Aditya Birla Sun Life Floating Rate Fund

An open ended debt scheme predominantly investing in floating rate instruments including fixed rate instruments converted to floating rate exposures using swaps /derivatives. A relatively high interest rate risk and moderate credit risk.
Data as on 31st October 2024
Fund Details
Investment Objective
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The scheme may invest a portion of its net assets in fixed rate debt securities and money market instruments. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.

Fund Manager
Mr. Kaustubh Gupta & Mr. Harshil Suvarnkar
Managing Fund Since
June 20, 2014, March 22, 2021
Experience in Managing the Fund
10.4 years, 3.6 years
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load Nil
Exit Load Nil
Total Expense Ratio (TER)
Regular 0.44%
Direct 0.23%
Including additional expenses and goods and service tax on management fees.

AUM ₹
Monthly Average AUM 11826.81 Crores
AUM as on last day^ 11895.19 Crores
^Net assets excludes aggregate investments by other schemes of Aditya Birla Sun Life Mutual Fund amounting to 1246.67 Crs as on October 31, 2024.
Date of Allotment
June 05, 2003
Benchmark
NIFTY Low Duration Debt Index A-I
Other Parameters
Modified Duration 1.19 years
Average Maturity 2.32 years
Yield to Maturity 7.44%
Macaulay Duration 1.27 years

Application Amount for fresh subscription
₹ 1,000 (plus in multiplies of ₹ 1)
Min. Addl. Investment
₹ 1,000 (plus in multiplies of ₹ 1)
SIP
Monthly: Minimum ₹ 1,000/-
NAV of Plans / Options ₹^
Regular Plan
Retail Plan@
Direct Plan
Growth
330.1656
477.5412
338.8471
Daily IDCW$:
100.7952
-
100.7952
Weekly IDCW$:
100.8206
100.8780
100.8339

$Income Distribution cum capital withdrawal

^The Face Value per unit of all the plans/ options under Aditya Birla Sun Life Floating Rate Fund is ₹ 100/-
Note:@:Retail Plan has been discontinued and does not accept fresh subscriptions/Switch in.

PORTFOLIO
Issuer
% to Net Assets
Rating
Fixed rates bonds - Corporate 62.50%
LIC Housing Finance Limited  3.16% CRISIL AAA
National Bank For Agriculture and Rural Development  3.11% ICRA AAA
HDB Financial Services Limited  2.28% CRISIL AAA
Bajaj Housing Finance Limited  1.96% CRISIL AAA
ICICI Home Finance Company Limited  1.90% ICRA AAA
REC Limited  1.90% ICRA AAA
REC Limited  1.71% ICRA AAA
HDB Financial Services Limited  1.52% CRISIL AAA
State Bank of India - Tier II - Basel III  1.41% ICRA AAA
Small Industries Development Bank of India  1.33% CRISIL AAA
Embassy Office Parks REIT  1.30% CRISIL AAA
Power Finance Corporation Limited  1.22% ICRA AAA
National Bank For Agriculture and Rural Development 1.15% ICRA AAA
REC Limited 1.14% ICRA AAA
Small Industries Development Bank of India  1.14% ICRA AAA
National Bank For Agriculture and Rural Development  1.10% ICRA AAA
Power Finance Corporation Limited 1.10% ICRA AAA
Embassy Office Parks REIT  1.03% CRISIL AAA
Small Industries Development Bank of India  1.03% ICRA AAA
National Bank For Agriculture and Rural Development  0.96% ICRA AAA
Bajaj Housing Finance Limited 0.96% CRISIL AAA
LIC Housing Finance Limited  0.95% CRISIL AAA
Power Finance Corporation Limited  0.91% ICRA AAA
State Bank of India - Tier II - Basel III  0.86% ICRA AAA
REC Limited  0.80% ICRA AAA
Axis Finance Limited  0.77% CARE AAA
Small Industries Development Bank of India  0.76% CRISIL AAA
LIC Housing Finance Limited  0.76% CRISIL AAA
Tata Capital Limited  0.76% ICRA AAA
ICICI Home Finance Company Limited  0.76% CRISIL AAA
REC Limited  0.76% ICRA AAA
Nexus Select Trust  0.76% ICRA AAA
HDB Financial Services Limited  0.76% CRISIL AAA
HDFC Bank Limited  0.75% ICRA AAA
REC Limited  0.68% ICRA AAA
REC Limited  0.67% ICRA AAA
REC Limited  0.65% CRISIL AAA
HDB Financial Services Limited  0.65% CRISIL AAA
National Bank For Agriculture and Rural Development 0.61% CRISIL AAA
SMFG India Home Finance Company Limited  0.57% CRISIL AAA
Small Industries Development Bank of India  0.57% CRISIL AAA
Tata Capital Housing Finance Limited  0.57% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.57% ICRA AAA
LIC Housing Finance Limited  0.57% CRISIL AAA
REC Limited 0.57% ICRA AAA
Small Industries Development Bank of India  0.57% ICRA AAA
National Bank For Agriculture and Rural Development 0.57% CRISIL AAA
LIC Housing Finance Limited  0.57% CRISIL AAA
Mindspace Business Parks REIT  0.52% ICRA AAA
Tata Capital Housing Finance Limited 0.49% ICRA AAA
National Bank For Agriculture and Rural Development  0.49% ICRA AAA
Jamnagar Utilities & Power Private Limited  0.38% CRISIL AAA
Aditya Birla Housing Finance Limited  0.38% ICRA AAA
Bajaj Finance Limited  0.38% CRISIL AAA
Indian Railway Finance Corporation Limited  0.38% ICRA AAA
REC Limited  0.38% ICRA AAA
Tata Capital Limited  0.38% ICRA AAA
Kotak Mahindra Prime Limited  0.38% CRISIL AAA
Nexus Select Trust  0.38% ICRA AAA
Power Finance Corporation Limited  0.38% ICRA AAA
Small Industries Development Bank of India  0.38% ICRA AAA
Sikka Ports and Terminals Limited  0.38% CRISIL AAA
HDB Financial Services Limited  0.34% CRISIL AAA
Tata Capital Housing Finance Limited  0.30% ICRA AAA
REC Limited  0.27% ICRA AAA
Mahindra & Mahindra Financial Services Limited  0.19% CRISIL AAA
Kotak Mahindra Prime Limited  0.19% ICRA AAA
Small Industries Development Bank of India  0.19% CRISIL AAA
Tata Capital Housing Finance Limited  0.19% CRISIL AAA
Axis Finance Limited  0.19% CRISIL AAA
National Bank For Agriculture and Rural Development  0.19% ICRA AAA
REC Limited  0.19% ICRA AAA
Tata Capital Limited  0.19% ICRA AAA
REC Limited  0.19% ICRA AAA
Power Finance Corporation Limited  0.19% ICRA AAA
Tata Capital Housing Finance Limited  0.19% ICRA AAA
Indian Railway Finance Corporation Limited  0.19% ICRA AAA
National Housing Bank  0.19% CRISIL AAA
HDFC Bank Limited  0.19% ICRA AAA
National Housing Bank  0.19% CRISIL AAA
National Bank For Agriculture and Rural Development  0.19% ICRA AAA
National Bank For Agriculture and Rural Development  0.19% ICRA AAA
Small Industries Development Bank of India  0.19% ICRA AAA
LIC Housing Finance Limited  0.19% CRISIL AAA
Mangalore Refinery and Petrochemicals Limited  0.19% CARE AAA
Kotak Mahindra Prime Limited  0.15% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.11% CRISIL AAA
LIC Housing Finance Limited  0.11% CRISIL AAA
Highways Infrastructure Trust  0.10% CRISIL AAA
Tata Capital Housing Finance Limited  0.08% ICRA AAA
Small Industries Development Bank of India  0.08% ICRA AAA
Mahindra & Mahindra Financial Services Limited  0.07% CRISIL AAA
Kotak Mahindra Investments Limited  0.04% CRISIL AAA
REC Limited  0.04% CRISIL AAA
Toyota Financial Services India Ltd  0.04% ICRA AAA
Tata Capital Housing Finance Limited 0.04% ICRA AAA
REC Limited  0.02% ICRA AAA
Government Bond 14.13%
4.70% INDIA GOVT BOND 22SEP2033 FRB 8.22% SOV
7.17% GOVERNMENT OF INDIA 17APR30 1.01% SOV
7.04% GOVERNMENT OF INDIA 03JUN29 G-SEC 0.83% SOV
7.38% GOI 20JUN2027 0.80% SOV
7.02% GOVERNMENT OF INDIA 18JUN31 G-SEC 0.77% SOV
4.45% GOI FRB 30OCT2034 0.77% SOV
7.32% GOI BOND 13NOV2030 0.54% SOV
7.17% GOI (MD 08/01/2028) 0.46% SOV
6.99% GOVERNMENT OF INDIA 17APR26 0.30% SOV
7.10% GOVERNMENT OF INDIA 18APR29 0.15% SOV
7.02% GOVERNMENT OF INDIA 27MAY27 G-SEC 0.10% SOV
5.63% GOI 12APR2026 0.10% SOV
7.06% GOI 10APR28 0.08% SOV
Money Market Instruments 10.53%
Axis Bank Limited 1.64% ICRA A1+
Small Industries Development Bank of India 1.59% CRISIL A1+
Bank of Baroda 1.32% IND A1+
Axis Bank Limited 0.89% ICRA A1+
Sikka Ports and Terminals Limited 0.76% CRISIL A1+
Issuer
% to Net Assets
Rating
Axis Bank Limited 0.74% CRISIL A1+
Axis Bank Limited 0.72% ICRA A1+
Punjab National Bank 0.37% ICRA A1+
HDFC Bank Limited 0.37% CARE A1+
HDFC Bank Limited 0.37% IND A1+
HDFC Bank Limited 0.37% ICRA A1+
Punjab National Bank 0.36% ICRA A1+
Canara Bank 0.36% CRISIL A1+
Export Import Bank of India 0.19% ICRA A1+
Axis Bank Limited 0.18% ICRA A1+
SMFG India Credit Co. Ltd. 0.18% ICRA A1+
Axis Bank Limited 0.11% CRISIL A1+
Cash Management Bills 3.89%
Government of India 0.45% SOV
Government of India 0.45% SOV
Government of India 0.37% SOV
Government of India 0.36% SOV
Government of India 0.36% SOV
Government of India 0.33% SOV
Government of India 0.26% SOV
Government of India 0.25% SOV
Government of India 0.21% SOV
Government of India 0.21% SOV
Government of India 0.17% SOV
Government of India 0.10% SOV
Government of India 0.08% SOV
Government of India 0.06% SOV
Government of India 0.06% SOV
Government of India 0.05% SOV
Government of India 0.04% SOV
Government of India 0.03% SOV
Government of India 0.03% SOV
Government of India 0.01% SOV
Floating rates notes - Corporate 3.02%
DME Development Limited  0.31% CRISIL AAA
DME Development Limited  0.31% CRISIL AAA
DME Development Limited  0.30% CARE AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
DME Development Limited  0.30% CRISIL AAA
SECURITISED DEBT 2.25%
India Universal Trust AL1  0.62% IND AAA(SO)
First Business Receivables Trust  0.58% IND AAA(SO)
India Universal Trust AL1  0.56% IND AAA(SO)
India Universal Trust AL1  0.30% IND AAA(SO)
First Business Receivables Trust  0.19% IND AAA(SO)
State Government bond 0.32%
6.90% KARNATAKA 03OCT2027 SDL 0.15% SOV
7.05% Gujarat SGS 14Aug2028 0.11% SOV
7.96% Maharashtra SDL (14/10/2025) 0.04% SOV
8.12% Maharashtra SDL (MD 13/11/2025) 0.01% SOV
Alternative Investment Funds (AIF) 0.26%
Corporate Debt Market Development Fund  0.26%
Securitised Debt Amort 0.11%
First Business Receivables Trust  0.11% CRISIL AAA(SO)
Interest Rate Swaps -0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
HSBC Bank 0.00%
DBS Bank Ltd/India 0.00%
ICICI Securities Primary Dealership Limited 0.00%
DBS Bank Ltd/India 0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
ICICI Securities Primary Dealership Limited 0.00%
DBS Bank Ltd/India 0.00%
DBS Bank Ltd/India 0.00%
Standard Chartered Bank 0.00%
BNP Paribas - Indian branches 0.00%
BNP Paribas - Indian branches 0.00%
IDFC First Bank Limited 0.00%
Standard Chartered Bank 0.00%
ICICI Securities Primary Dealership Limited 0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
Standard Chartered Bank 0.00%
DBS Bank Ltd/India 0.00%
Standard Chartered Bank 0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
ICICI Securities Primary Dealership Limited 0.00%
ICICI Securities Primary Dealership Limited 0.00%
Standard Chartered Bank 0.00%
Standard Chartered Bank 0.00%
BNP Paribas - Indian branches 0.00%
DBS Bank Ltd/India 0.00%
Standard Chartered Bank 0.00%
DBS Bank Ltd/India 0.00%
Standard Chartered Bank 0.00%
Clearing Corporation of India Limited 0.00%
ICICI Securities Primary Dealership Limited 0.00%
IDFC First Bank Limited -0.00%
HSBC Bank -0.00%
ICICI Securities Primary Dealership Limited -0.00%
DBS Bank Ltd/India -0.00%
HSBC Bank -0.00%
BNP Paribas - Indian branches -0.00%
DBS Bank Ltd/India -0.00%
Standard Chartered Bank -0.00%
HSBC Bank -0.00%
BNP Paribas - Indian branches -0.00%
Standard Chartered Bank -0.00%
BNP Paribas - Indian branches -0.00%
BNP Paribas - Indian branches -0.00%
HSBC Bank -0.00%
ICICI Securities Primary Dealership Limited -0.00%
HSBC Bank -0.00%
DBS Bank Ltd/India -0.00%
Standard Chartered Bank -0.00%
IDFC First Bank Limited -0.00%
DBS Bank Ltd/India -0.00%
Standard Chartered Bank -0.00%
Cash & Current Assets 3.00%
Total Net Assets 100.00%

Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Kaustubh Gupta is 11. Total Schemes managed Mr. Harshil Suvarnkar is 17. Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.

This page is a part of the November 2024 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on https://mutualfund.adityabirlacapital.com/empower/ for the digital factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.