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 29th December 2023
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.

Fund Manager
Mr. Kaustubh Gupta, Mr. Harshil Suvarnkar & Mr. Dhaval Joshi
Managing Fund Since
June 20, 2014, March 22, 2021 & November 21, 2022
Experience in Managing the Fund
9.6 years, 2.8 years & 1.1 Years
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load Nil
Exit Load Nil
Total Expense Ratio (TER)
Regular 0.45%
Direct 0.23%
Including additional expenses and goods and service tax on management fees.

AUM ₹
Monthly Average AUM 12618.11 Crores
AUM as on last day^ 11947.15 Crores
^Net assets excludes aggregate investments by other schemes of Aditya Birla Sun Life Mutual Fund amounting to Rs. 0.82 Crs as on December 29, 2023.
Date of Allotment
June 05, 2003
Benchmark
CRISIL Low Duration Debt Index
Other Parameters
Modified Duration 0.97 years
Average Maturity 1.11 years
Yield to Maturity 7.87%
Macaulay Duration 1.03 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
309.2301
447.2610
316.7727
Daily IDCW$:
100.3517
-
100.3544
Weekly IDCW$:
100.5657
100.6442
100.5840

$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 41.03%
SMFG India Credit Co. Ltd.  2.80% CRISIL AAA
National Bank For Agriculture and Rural Development  2.72% ICRA AAA
REC Limited  1.66% ICRA AAA
State Bank of India - Tier II - Basel III  1.53% ICRA AAA
Power Finance Corporation Limited 1.41% ICRA AAA
Power Finance Corporation Limited  1.41% ICRA AAA
ICICI Home Finance Company Limited  1.34% ICRA AAA
Embassy Office Parks REIT  1.25% CRISIL AAA
Power Finance Corporation Limited 1.25% ICRA AAA
LIC Housing Finance Limited  1.24% CRISIL AAA
Embassy Office Parks REIT  1.12% CRISIL AAA
LIC Housing Finance Limited 1.04% CRISIL AAA
Small Industries Development Bank of India 1.00% ICRA AAA
National Bank For Agriculture and Rural Development  0.96% ICRA AAA
HDB Financial Services Limited  0.93% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.83% CRISIL AAA
HDB Financial Services Limited 0.83% CRISIL AAA
LIC Housing Finance Limited  0.82% CRISIL AAA
HDFC Bank Limited  0.82% ICRA AAA
State Bank of India - Tier II - Basel III  0.73% ICRA AAA
National Housing Bank  0.71% ICRA AAA
HDB Financial Services Limited  0.71% CRISIL AAA
HDFC Bank Limited  0.71% ICRA AAA
HDFC Bank Limited  0.63% ICRA AAA
REC Limited  0.62% ICRA AAA
National Bank For Agriculture and Rural Development  0.61% ICRA AAA
National Bank For Agriculture and Rural Development  0.58% CRISIL AAA
National Bank For Agriculture and Rural Development  0.54% CRISIL AAA
National Bank For Agriculture and Rural Development  0.50% CRISIL AAA
Mindspace Business Parks REIT  0.48% ICRA AAA
Small Industries Development Bank of India  0.46% ICRA AAA
Tata Capital Financial Services Limited  0.42% ICRA AAA
Kotak Mahindra Prime Limited  0.42% CRISIL AAA
Kotak Mahindra Prime Limited  0.42% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.42% IND AAA
Small Industries Development Bank of India  0.42% ICRA AAA
Nexus Select Trust  0.42% ICRA AAA
HDFC Bank Limited 0.42% ICRA AAA
Small Industries Development Bank of India  0.41% ICRA AAA
National Bank For Agriculture and Rural Development 0.37% ICRA AAA
National Bank For Agriculture and Rural Development 0.37% ICRA AAA
Tata Capital Housing Finance Limited  0.33% ICRA AAA
Small Industries Development Bank of India 0.33% CRISIL AAA
Sikka Ports and Terminals Limited  0.29% CRISIL AAA
Power Finance Corporation Limited 0.21% ICRA AAA
REC Limited  0.21% ICRA AAA
Small Industries Development Bank of India  0.21% CRISIL AAA
Kotak Mahindra Prime Limited  0.21% CRISIL AAA
LIC Housing Finance Limited  0.21% CRISIL AAA
REC Limited  0.21% ICRA AAA
Power Finance Corporation Limited  0.21% ICRA AAA
LIC Housing Finance Limited  0.21% CRISIL AAA
REC Limited  0.21% ICRA AAA
REC Limited  0.21% ICRA AAA
HDFC Bank Limited 0.21% ICRA AAA
HDFC Bank Limited  0.21% ICRA AAA
Small Industries Development Bank of India  0.21% ICRA AAA
Embassy Office Parks REIT  0.21% CRISIL AAA
ICICI Home Finance Company Limited  0.17% ICRA AAA
Small Industries Development Bank of India  0.16% CARE AAA
REC Limited  0.16% ICRA AAA
Mahindra & Mahindra Financial Services Limited  0.12% CRISIL AAA
Tata Capital Housing Finance Limited  0.08% ICRA AAA
Kotak Mahindra Investments Limited  0.04% CRISIL AAA
REC Limited  0.04% CRISIL AAA
Export Import Bank of India  0.04% ICRA AAA
Government Bond 20.68%
4.70% INDIA GOVT BOND 22SEP2033 FRB 9.30% SOV
7.38% GOI 20JUN2027 3.54% SOV
GOI FRB- 07NOV24 3.01% SOV
7.33% IGB 30OCT2026 2.11% SOV
4.45% GOI FRB 30OCT2034 1.58% SOV
7.06% GOI 10APR28 0.79% SOV
6.99% GOVERNMENT OF INDIA 17APR26 0.33% SOV
5.63% GOI 12APR2026 0.02% SOV
Money Market Instruments 20.63%
Axis Bank Limited 2.58% CRISIL A1+
Small Industries Development Bank of India 1.43% CARE A1+
Kotak Mahindra Bank Limited 1.39% CRISIL A1+
HDFC Bank Limited 1.36% IND A1+
ICICI Bank Limited 1.19% ICRA A1+
HDFC Bank Limited 1.03% ICRA A1+
Small Industries Development Bank of India 0.97% CRISIL A1+
Small Industries Development Bank of India 0.81% CRISIL A1+
Toyota Financial Services India Ltd 0.81% ICRA A1+
Axis Bank Limited 0.78% CRISIL A1+
DBS Bank Ltd/India 0.78% IND A1+
HDFC Bank Limited 0.62% ICRA A1+
Infina Finance Private Limited 0.62% ICRA A1+
Axis Bank Limited 0.61% ICRA A1+
Small Industries Development Bank of India 0.61% CARE A1+
ICICI Bank Limited 0.59% ICRA A1+
HDFC Bank Limited 0.46% ICRA A1+
HDFC Bank Limited 0.42% ICRA A1+
ICICI Securities Limited 0.41% ICRA A1+
Kotak Mahindra Bank Limited 0.41% CRISIL A1+
HDFC Bank Limited 0.41% ICRA A1+
Axis Bank Limited 0.40% CRISIL A1+
Brookfield India Real Estate Trust 0.40% CRISIL A1+
Barclays Invest & Loans India Limited 0.25% ICRA A1+
Infina Finance Private Limited 0.24% ICRA A1+
Tata Capital Financial Services Limited 0.21% ICRA A1+
HDFC Bank Limited 0.20% CARE A1+
Issuer
% to Net Assets
Rating
Small Industries Development Bank of India 0.20% CARE A1+
DBS Bank Ltd/India 0.19% IND A1+
Panatone Finvest Limited 0.12% CRISIL A1+
Union Bank of India 0.12% ICRA A1+
Floating rates notes - Corporate 7.31%
Aditya Birla Housing Finance Limited  2.10% ICRA AAA
Power Finance Corporation Limited  0.83% ICRA AAA
HDFC Bank Limited  0.83% ICRA AAA
DME Development Limited  0.34% CRISIL AAA
DME Development Limited  0.34% CRISIL AAA
DME Development Limited  0.34% CRISIL AAA
DME Development Limited  0.34% CARE AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
HDFC Bank Limited  0.21% ICRA AAA
Cash Management Bills 3.12%
Government of India 0.46% SOV
Government of India 0.46% SOV
Government of India 0.43% SOV
Government of India 0.34% SOV
Government of India 0.27% SOV
Government of India 0.24% SOV
Government of India 0.22% SOV
Government of India 0.18% SOV
Government of India 0.12% SOV
Government of India 0.08% SOV
Government of India 0.07% SOV
Government of India 0.06% SOV
Government of India 0.06% SOV
Government of India 0.05% SOV
Government of India 0.03% SOV
Government of India 0.03% SOV
Government of India 0.01% SOV
SECURITISED DEBT 1.28%
First Business Receivables Trust  0.64% IND AAA(SO)
First Business Receivables Trust  0.64% IND AAA(SO)
Alternative Investment Funds (AIF) 0.27%
Corporate Debt Market Development Fund  0.27%
Securitised Debt Amort 0.15%
First Business Receivables Trust  0.15% CRISIL AAA(SO)
State Government bond 0.14%
7.96% Maharashtra SDL (14/10/2025) 0.04% SOV
ANDHRA PRADESH 9.71% 12-MAR-24 SDL 0.04% SOV
WEST BENGAL 9.72% 12FEB24 SDL 0.04% SOV
8.12% Maharashtra SDL (MD 13/11/2025) 0.01% SOV
Interest Rate Swaps -0.01%
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%
BNP Paribas - Indian branches 0.00%
BNP Paribas - Indian branches 0.00%
BNP Paribas - Indian branches 0.00%
Standard Chartered Bank 0.00%
Standard Chartered 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%
IDFC First Bank Limited 0.00%
Standard Chartered Bank 0.00%
IDFC First Bank Limited 0.00%
BNP Paribas - Indian branches 0.00%
BNP Paribas - Indian branches 0.00%
BNP Paribas - Indian branches 0.00%
IDFC First Bank Limited 0.00%
DBS Bank Ltd/India 0.00%
ICICI Securities Primary Dealership Limited 0.00%
Clearing Corporation of India Limited 0.00%
BNP Paribas - Indian branches 0.00%
DBS Bank Ltd/India 0.00%
ICICI Securities Primary Dealership Limited 0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
IDFC First Bank Limited -0.00%
HDFC Bank Limited -0.00%
ICICI Securities Primary Dealership Limited -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
DBS Bank Ltd/India -0.00%
Clearing Corporation of India Limited -0.00%
Clearing Corporation of India Limited -0.00%
IDFC First Bank Limited -0.00%
Standard Chartered Bank -0.00%
Standard Chartered Bank -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%
HSBC Bank -0.00%
HSBC Bank -0.00%
HSBC Bank -0.00%
HSBC Bank -0.01%
Cash & Current Assets 5.40%
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 10. Total Schemes managed Mr. Harshil Suvarnkar is 15. Total Schemes managed by Mr. Dhaval Joshi is 51. 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 December 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.

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