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.

Fund Category Floater Fund

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 Details
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: 9.0 years, 2.2 years & 0.5 Years
Date of Allotment: June 05, 2003
Type of Scheme: 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.
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 ()^ $Income Distribution cum capital withdrawal
Retail Plan@
Growth: 431.9971
Weekly IDCW$: 100.3750
Regular Plan
Growth: 298.6768
Daily IDCW$: 100.2680
Weekly IDCW$: 100.3345
Direct Plan
Growth: 305.6200
Daily IDCW$: 100.2693
Weekly IDCW$: 100.3409
^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.
Benchmark: CRISIL Low Duration Debt Index
Monthly Average AUM: 12004.46 Crores
AUM as on last day^: 12042.85 Crores
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: Nil
Exit Load: Nil
Other Parameters
Modified Duration: 0.99 years
Average Maturity: 1.13 years
Yield to Maturity: 7.59%
Macaulay Duration: 1.04 years
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular 0.45%
Direct 0.23%

Data as on 30th June 2023 unless otherwise specified
^Net assets excludes aggregate investments by other schemes of Aditya Birla Sun Life Mutual Fund amounting to Rs. 28,322.77 Crs as on June 30, 2023.


Portfolio Holdings
Issuer
% to net Assets
Rating
Money Market Instruments 37.44%  
Small Industries Development Bank of India 1.95% CRISIL A1+
Indian Bank 1.75% CRISIL A1+
Housing Development Finance Corporation Limited 1.74% ICRA A1+
Housing Development Finance Corporation Limited 1.73% ICRA A1+
National Bank For Agriculture and Rural Development 1.55% ICRA A1+
Small Industries Development Bank of India 1.36% CARE A1+
HDFC Bank Limited 1.36% CARE A1+
Small Industries Development Bank of India 1.34% CARE A1+
Axis Bank Limited 1.33% ICRA A1+
National Bank For Agriculture and Rural Development 1.16% ICRA A1+
Axis Bank Limited 1.16% ICRA A1+
ICICI Securities Limited 1.16% ICRA A1+
Union Bank of India 0.98% ICRA A1+
Union Bank of India 0.97% ICRA A1+
Indian Bank 0.97% CRISIL A1+
Export Import Bank of India 0.96% ICRA A1+
Panatone Finvest Limited 0.89% CRISIL A1+
Deutsche Investments India Private Limited 0.81% ICRA A1+
Barclays Invest & Loans India Limited 0.78% ICRA A1+
Punjab National Bank 0.78% CARE A1+
Punjab National Bank 0.77% ICRA A1+
Export Import Bank of India 0.77% ICRA A1+
Small Industries Development Bank of India 0.76% CRISIL A1+
Toyota Financial Services India Ltd 0.76% ICRA A1+
State Bank of India 0.58% CARE A1+
Housing Development Finance Corporation Limited 0.58% ICRA A1+
Infina Finance Private Limited 0.58% ICRA A1+
Small Industries Development Bank of India 0.57% CARE A1+
Canara Bank 0.51% CRISIL A1+
LIC Housing Finance Limited 0.39% ICRA A1+
Axis Bank Limited 0.39% IND A1+
Union Bank of India 0.39% IND A1+
Housing Development Finance Corporation Limited 0.39% ICRA A1+
Union Bank of India 0.39% IND A1+
Small Industries Development Bank of India 0.38% CRISIL A1+
National Bank For Agriculture and Rural Development 0.38% ICRA A1+
Kotak Mahindra Bank Limited 0.38% CRISIL A1+
Housing Development Finance Corporation Limited 0.38% ICRA A1+
Small Industries Development Bank of India 0.38% CARE A1+
Union Bank of India 0.27% ICRA A1+
Barclays Invest & Loans India Limited 0.23% ICRA A1+
Infina Finance Private Limited 0.23% ICRA A1+
Small Industries Development Bank of India 0.20% CARE A1+
Axis Bank Limited 0.20% ICRA A1+
National Bank For Agriculture and Rural Development 0.19% CRISIL A1+
Axis Bank Limited 0.19% CRISIL A1+
Union Bank of India 0.19% IND A1+
Tata Capital Financial Services Limited 0.19% ICRA A1+
Kotak Mahindra Bank Limited 0.19% CRISIL A1+
Union Bank of India 0.19% IND A1+
ICICI Securities Limited 0.19% ICRA A1+
Small Industries Development Bank of India 0.19% CRISIL A1+
Housing Development Finance Corporation Limited 0.19% ICRA A1+
HDFC Bank Limited 0.12% IND A1+
Fixed rates bonds - Corporate 34.65%  
Fullerton India Credit Company Limited  2.72% CRISIL AAA
National Bank For Agriculture and Rural Development  2.47% ICRA AAA
State Bank of India  1.77% CRISIL AAA
State Bank of India - Tier II - Basel III 1.59% ICRA AAA
Embassy Office Parks REIT  1.21% CRISIL AAA
Housing Development Finance Corporation Limited  1.18% ICRA AAA
Embassy Office Parks REIT  1.09% CRISIL AAA
National Bank For Agriculture and Rural Development  1.05% ICRA AAA
Power Finance Corporation Limited  1.01% ICRA AAA
National Bank For Agriculture and Rural Development 0.93% CRISIL AAA
National Bank For Agriculture and Rural Development 0.89% CRISIL AAA
HDB Financial Services Limited  0.87% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.85% CRISIL AAA
Tata Capital Financial Services Limited 0.82% ICRA AAA
HDB Financial Services Limited  0.80% CRISIL AAA
LIC Housing Finance Limited  0.80% CRISIL AAA
Housing Development Finance Corporation Limited  0.68% ICRA AAA
National Bank For Agriculture and Rural Development  0.61% CRISIL AAA
Housing Development Finance Corporation Limited  0.61% ICRA AAA
Housing Development Finance Corporation Limited 0.61% ICRA AAA
National Bank For Agriculture and Rural Development  0.53% CRISIL AAA
Small Industries Development Bank of India  0.48% ICRA AAA
Mindspace Business Parks REIT  0.47% ICRA AAA
Small Industries Development Bank of India  0.45% ICRA AAA
Kotak Mahindra Prime Limited  0.41% CRISIL AAA
LIC Housing Finance Limited  0.41% CRISIL AAA
Nexus Select Trust  0.41% ICRA AAA
Small Industries Development Bank of India  0.41% ICRA AAA
Mindspace Business Parks REIT  0.40% CRISIL AAA
Housing Development Finance Corporation Limited  0.40% ICRA AAA
REC Limited  0.40% ICRA AAA
Mahindra & Mahindra Financial Services Limited  0.40% IND AAA
National Bank For Agriculture and Rural Development  0.40% ICRA AAA
National Bank For Agriculture and Rural Development  0.40% ICRA AAA
Small Industries Development Bank of India  0.36% ICRA AAA
National Bank For Agriculture and Rural Development  0.36% ICRA AAA
State Bank of India - Tier II - Basel III  0.35% ICRA AAA
Tata Capital Housing Finance Limited  0.32% ICRA AAA
Kotak Mahindra Investments Limited  0.29% CRISIL AAA
Sikka Ports and Terminals Limited  0.28% CRISIL AAA
Mahindra & Mahindra Financial Services Limited  0.24% IND AAA
Bajaj Finance Limited  0.24% CRISIL AAA
Power Finance Corporation Limited  0.20% ICRA AAA
National Housing Bank 0.20% ICRA AAA
Kotak Mahindra Prime Limited  0.20% CRISIL AAA
LIC Housing Finance Limited  0.20% CRISIL AAA
Bajaj Housing Finance Limited  0.20% CRISIL AAA
Power Finance Corporation Limited  0.20% ICRA AAA
LIC Housing Finance Limited  0.20% CRISIL AAA
Small Industries Development Bank of India  0.20% CRISIL AAA
REC Limited  0.20% ICRA AAA
HDB Financial Services Limited  0.20% CRISIL AAA
National Bank For Agriculture and Rural Development  0.20% ICRA AAA
Small Industries Development Bank of India  0.20% ICRA AAA
Housing Development Finance Corporation Limited  0.20% ICRA AAA
Indian Oil Corporation Limited 0.20% CRISIL AAA
Embassy Office Parks REIT  0.20% CRISIL AAA
ICICI Home Finance Company Limited  0.16% ICRA AAA
Small Industries Development Bank of India  0.16% CARE AAA
National Bank For Agriculture and Rural Development 0.12% ICRA AAA
Export Import Bank of India  0.08% CRISIL AAA
REC Limited  0.04% CRISIL AAA
HDFC Credila Financial Services Pvt Limited  0.04% ICRA AAA
Export Import Bank of India  0.04% ICRA AAA
Government Bond 11.47%  
4.70% INDIA GOVT BOND 22SEP2033 FRB 6.62% SOV
GOI FRB- 07NOV24 3.64% SOV
4.45% GOI FRB 30OCT2034 0.80% SOV
7.38% GOI 20JUN2027 0.20% SOV
7.06% GOI 10APR28 0.12% SOV
4.04% GOI FRB 04OCT2028 0.08% SOV
7.17% GOI (MD 08/01/2028) 0.00% SOV
Floating rates notes - Corporate 8.73%  
Aditya Birla Housing Finance Limited  2.05% ICRA AAA
Reliance Industries Limited  1.63% CRISIL AAA
Housing Development Finance Corporation Limited  0.81% ICRA AAA
Power Finance Corporation Limited  0.81% ICRA AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.33% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CARE AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
DME Development Limited  0.32% CRISIL AAA
Housing Development Finance Corporation Limited  0.20% ICRA AAA
Cash Management Bills 3.52%  
Government of India 0.71% SOV
Government of India 0.44% SOV
Government of India 0.43% SOV
Government of India 0.40% SOV
Government of India 0.32% 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 0.11% SOV
Government of India 0.08% SOV
Government of India 0.07% SOV
Government of India 0.06% SOV
Government of India 0.03% SOV
Government of India 0.03% SOV
Government of India 0.01% SOV
State Government bond 1.08%  
5.27% GUJARAT 19JAN24 SDL 0.40% SOV
GUJARAT GOVT 09.39% 20NOV23 SDL 0.33% SOV
8.39% RAJASTHAN 15MAR2024 SDL 0.20% SOV
ANDHRA PRADESH 9.71% 12-MAR-24 SDL 0.04% SOV
WEST BENGAL 9.72% 12FEB24 SDL 0.04% SOV
7.96% Maharashtra SDL (14/10/2025) 0.04% SOV
8.12% Maharashtra SDL (MD 13/11/2025) 0.01% SOV
MAHARASHTRA 09.25% 09OCT23 SDL 0.01% SOV
SECURITISED DEBT 1.04%  
First Business Receivables Trust  0.63% IND AAA(SO)
First Business Receivables Trust  0.42% IND AAA(SO)
Securitised Debt Amort 0.14%  
First Business Receivables Trust  0.14% CRISIL AAA(SO)
Interest Rate Swaps 0.01%  
ICICI Securities Primary Dealership Limited 0.01%  
HSBC Bank 0.01%  
BNP Paribas - Indian branches 0.00%  
HSBC 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%  
IDFC First Bank Limited 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%  
BNP Paribas - Indian branches 0.00%  
BNP Paribas - Indian branches 0.00%  
IDFC First Bank Limited 0.00%  
IDFC First Bank Limited 0.00%  
Standard Chartered Bank 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%  
HDFC Bank Limited 0.00%  
IDFC First Bank Limited 0.00%  
BNP Paribas - Indian branches 0.00%  
Standard Chartered Bank 0.00%  
BNP Paribas - Indian branches 0.00%  
HSBC Bank 0.00%  
BNP Paribas - Indian branches 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 0.00%  
BNP Paribas - Indian branches 0.00%  
Standard Chartered Bank 0.00%  
Clearing Corporation of India Limited 0.00%  
Clearing Corporation of India Limited 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%  
IDFC First Bank Limited -0.00%  
IDFC First Bank Limited -0.00%  
Standard Chartered Bank -0.00%  
IDFC First Bank Limited -0.00%  
Clearing Corporation of India Limited -0.00%  
Standard Chartered Bank -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%  
HSBC Bank -0.01%  
Cash & Current Assets 1.93%  
Total Net Assets 100.00%  
Rating Profile of Portfolio
  • 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 13. Total Schemes managed by Mr. Dhaval Joshi is 47. 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 July 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.


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