The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, it may also invest a portion of its net assets in fixed rate debt securities and money market instruments.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Dhaval Joshi
Mr. Joshi has done B.Com, M.Com. and MBA (Finance)
Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Aditya Birla Sun Life Floating Interest Rate Fund is ₹372.85 as of 2026-08-25.
Aditya Birla Sun Life Floating Interest Rate Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Aditya Birla Sun Life Floating Interest Rate Fund is ₹13,215.47 Cr.
The expense ratio of Aditya Birla Sun Life Floating Interest Rate Fund is 0.43%.
Aditya Birla Sun Life Floating Interest Rate Fund is managed by Dhaval Joshi.
The minimum SIP investment for Aditya Birla Sun Life Floating Interest Rate Fund is ₹1,000.
As per the SEBI Riskometer, Aditya Birla Sun Life Floating Interest Rate Fund carries a Low To Moderate risk level.
Aditya Birla Sun Life Floating Interest Rate Fund has delivered 5.99% (1Y), 7.24% (3Y) and 6.49% (5Y) annualised returns as of 2026-08-25.
Aditya Birla Sun Life Floating Interest Rate Fund was launched on 1994-12-23.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
