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Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTH

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.Read more

AMC websiteScheme documentsNAV history (AMFI)हिंदी में

Aditya Birla Sun Life Mutual FundFloater FundsDirect · GrowthRiskometer: Low to Moderate Risk
NAV · 16 Oct 2026₹386.2027▼ 0.02% (1 day)
  • Current NAV₹386.2027
  • Fund Size (AUM)₹ 12,971 Cr.
  • Expense Ratio0.25 %
  • 1Y Return+5.75%
  • 3Y Return (CAGR)+7.34%
  • 5Y Return (CAGR)+6.76%
  • Category Rank (3Y)—
  • RiskometerLow to Moderate Risk
  • Min. SIP / Lump sum₹ 1,000 / ₹ 1,000
More figures (11)
  • Since Launch (CAGR)+7.77%
  • Benchmark—
  • Volatility (3Y)0.56 %
  • Sharpe Ratio (3Y)1.49
  • Beta (3Y)—
  • 52-week High / Low₹386.6809 / ₹365.2160
  • Max Drawdown-1.8 %
  • Launched1 Jan 2013
  • Lock-inNone
  • Portfolio Turnover158 %
  • Fund ManagersKaustubh Gupta, Harshil Suvarnkar

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 6.8% a year.
  • Volatility over 3 years was 0.6% a year, with a Sharpe ratio of 1.49.
  • Its biggest fall from a peak was 1.8% (5 Mar 2020 to 24 Mar 2020).
  • Across all 3-year periods since launch, yearly returns ranged from 5.4% to 10.0% and were positive 100% of the time.
  • Expense ratio 0.25%, fund size ₹12,971 crore.

Pros

  • Every 3-year period since launch gave a positive return (lowest 5.4% a year).
  • Sharpe ratio of 1.49 over 3 years: good return for the volatility taken.
  • Long track record of 13.4 years since 29 May 2013.

Cons

No standout weaknesses in its record so far.

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.07%+0.20%+1.19%+2.77%+4.47%+5.75%+6.92%+7.34%+6.76%+6.77%+7.11%+7.77%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Floater Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund+4.47%+7.88%+8.18%+7.69%+5.05%+3.81%+8.84%+8.85%+7.77%+7.12%+9.80%

January to December each year; the current year is to date.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
20260.20.70.30.60.21.30.40.40.40.1
20250.60.60.91.00.90.50.60.30.60.60.60.37.9
20240.60.70.80.60.60.60.80.60.70.80.50.68.2
20230.50.50.80.70.70.60.70.60.60.50.60.67.7
20220.40.20.60.3-0.10.30.60.60.40.50.60.65.1
2021-0.1-0.20.70.70.40.20.60.50.20.20.30.23.8
20200.70.60.50.51.51.20.90.40.40.80.70.48.8
20190.80.51.00.51.00.41.10.80.41.00.60.48.9
20180.50.50.90.30.50.70.80.60.40.70.90.87.8
20170.90.30.60.50.70.70.90.60.40.60.50.37.1

Change in NAV from the last business day of one month to the last business day of the next. Positive in 115 of 118 months shown (97%). "Year" is shown for complete calendar years.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?0.56%0.55%
Sharpe ratio ?1.490.47
Sortino ratio ?2.430.70
Maximum drawdown-0.21%-0.44%

Rolling 3-year returns (yearly)

Lowest+5.36%
Median+7.91%
Highest+9.96%
Positive100% of periods
Above 12% a year0% of periods

Rolling 5-year returns (yearly)

Lowest+6.49%
Median+6.97%
Highest+9.01%
Positive100% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,23,638₹3,638+5.65%
3Y₹3,60,000₹3,99,357₹39,357+6.85%
5Y₹6,00,000₹7,17,747₹1,17,747+7.10%
10Y₹12,00,000₹17,16,618₹5,16,618+6.96%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all Floater Funds (12)

S.No.Scheme (Direct plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.Aditya Birla Sun Life Floating Interest Rates FundAditya Birla Sun Life Mutual Fund————0.2512,971
2.Axis Floating Interest Rates FundAxis Mutual Fund————0.23149
3.BANDHAN FLOATING INTEREST RATES FUNDBandhan Mutual Fund————0.10224
4.DSP Floating Interest Rates FundDSP Mutual Fund————0.28316
5.Franklin India Floating Interest Rates FundFranklin Templeton Mutual Fund————0.38256
6.HDFC Floating Interest Rates FundHDFC Mutual Fund————0.2715,659
7.ICICI Prudential Floating Interest Rates FundICICI Prudential Mutual Fund————0.298,658
8.Kotak Floating Interest Rates FundKotak Mahindra Mutual Fund————0.243,240
9.Nippon India Floating Interest Rates FundNippon India Mutual Fund————0.367,461
10.SBI Floating Interest Rates FundSBI Mutual Fund————0.28676
11.Tata Floating Interest Rates FundTata Mutual Fund————0.32114
12.UTI Floating Interest Rates FundUTI Mutual Fund————0.441,506
Median: 12 schemes————0.281,091

Detailed comparison with another fund About Floater Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

Investment 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.
Fund managers
Kaustubh Gupta, Harshil Suvarnkar
Fund house
Aditya Birla Sun Life Mutual Fund
Category
Floater Funds · Debt
Plan / option
Direct · Growth
AMFI scheme code
122646
ISIN
INF209K01UX7
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

Tax on your gains

Tax treatment depends on what the fund holds: equity-oriented if at least 65% is in Indian shares (directly or through equity funds), debt-oriented if over 65% is in debt, otherwise the "other" rules.

  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Fund managers

KG
HS

From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.

Latest news: Aditya Birla Sun Life Mutual Fund

Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.

Questions about this scheme

What is the NAV of Aditya Birla Sun Life Floating Interest Rates Fund today?
The latest NAV of Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTH is ₹386.2027 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Aditya Birla Sun Life Floating Interest Rates Fund given?
As on 16 Oct 2026: 1 year +5.75%, 3 years +7.34% a year, 5 years +6.76% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Aditya Birla Sun Life Floating Interest Rates Fund?
The expense ratio of the Direct plan is 0.25% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Low to Moderate Risk. Over 3 years its volatility was 0.6% a year and its biggest fall from a peak was 0.2%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Floater Funds?
Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.
How are gains from Aditya Birla Sun Life Floating Interest Rates Fund taxed?
It depends on how much the fund holds in Indian shares; see the tax section on this page and confirm with your tax adviser.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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