DebtFloating Interest Rates FundDirectIDCWModerate

Aditya Birla Sun Life Floating Interest Rates Fund

Q: What is the NAV of Aditya Birla Sun Life Floating Interest Rates Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Floating Interest Rates Fund is ₹100.91 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life Floating Interest Rates Fund delivered?

Aditya Birla Sun Life Floating Interest Rates Fund has returned -0.43% over 1 year, +0.12% per year over 3 years, +0.02% per year over 5 years and +0.05% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund charges an expense ratio of 0.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund's largest holdings are Government of India (22/09/2033) (FRB) (7.3%), 7.28% Small Industries Development Bank of India (04/06/2029) (FRN) (2.6%), 7.48% National Bank for Agriculture and Rural Development (15/09/2028) (2.3%), 7.20% Knowledge Realty Trust (26/09/2028) (2.3%) and 7.30% Bharti Telecom Ltd. (01/12/2027) (2.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -2.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -5.30 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Floating Interest Rates Fund's -5.30 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is benchmarked against the NIFTY Low Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is managed by Harshil Suvarnkar and Kaustubh Gupta at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Floating Interest Rates Fund taxed?

Aditya Birla Sun Life Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Aditya Birla Sun Life Mutual Fund

NAV

₹100.91

+0.09% 1D

as of 05 Oct 2026

This is the Direct plan of Aditya Birla Sun Life Floating Interest Rates Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed weekly and paid out, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+7.39% 3Y CAGR)

NAV history

-0.50%absolute

52-week rangePrev NAV ₹100.82

Latest ₹100.91

Low ₹100.6928th percentile of its 52-week rangeHigh ₹101.49

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Floating Interest Rates Fund peers to rank yet

Risk—

Volatility 1.2% (no category average yet)

Cost—

0.3% expense (no category average yet)

ConsistencyLow

63% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Positive in only 63% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.25%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-5.30

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

NIFTY Low Duration Debt Index A-I

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

29 May 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.13%

Absolute return over the last 3 months (not annualized)

-0.17%

Absolute return over the last 6 months (not annualized)

-0.32%

Absolute return since 1 Jan of this year (not annualized)

-0.31%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-0.43%

3-year annualized return (CAGR)

+0.12%

5-year annualized return (CAGR)

+0.02%

10-year annualized return (CAGR)

-0.01%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+0.05%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.20%

Excess return per unit of total volatility (rf = 6.5%)

-5.30

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-5.34

Largest peak-to-trough decline over full history

-2.25%

Benchmark ratios

Not shown for Floating Interest Rates Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Floating Interest Rates Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.13%	—	—
3M abs	-0.17%	—	—
6M abs	-0.32%	—	—
1Y CAGR	-0.43%	—	—
3Y CAGR	+0.12%	—	—
5Y CAGR	+0.02%	—	—

Category average across peers in Floating Interest Rates Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.01L

Absolute

+0.15%

XIRR

+0.06%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life Floating Interest Rates Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	-0.31%
2025	+0.25%
2024	+0.38%
2023	+0.29%
2022	-0.50%
2021	-0.96%
2020	+0.95%
2019	+0.50%
2018	-0.06%
2017	+0.02%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

3,226

Expense ratio

0.25%

YTM (from holdings)

7.33%

Average maturity

1.87 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Floating Interest Rates Fund

Compare all


Aditya Birla Sun Life Floating Interest Rates FundThis fund Aditya Birla Sun Life · Direct · Weekly IDCW	—	-0.43%	+0.12%	+0.02%	—	0.25%	—
ICICI Prudential Floating Interest Rates Fund ICICI Prudential · Direct · Others · IDCW	—	+6.44%	+7.69%	+6.15%	—	—	—
Axis Floating Interest Rates Fund Axis · Direct · Annual IDCW	—	+6.08%	+7.68%	+6.56%	—	0.22%	—
Kotak Floating Interest Rates Fund Kotak Mahindra · Direct · Standard · IDCW	—	+5.69%	+7.66%	+6.69%	—	—	—
DSP Floating Interest Rates Fund DSP · Direct · IDCW	—	+5.23%	+7.63%	+6.63%	—	0.28%	—
SBI Floating Interest Rates Fund SBI · Direct · IDCW	—	+6.05%	+7.40%	+6.68%	—	0.28%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt94.81%
Cash & Equivalents4.89%
Other0.31%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Government of India (22/09/2033) (FRB)

7.33%

Union Bank of India (16/03/2027)

1.83%

ICICI Bank Ltd. (25/03/2027)

1.46%

HDFC Bank Ltd. (14/12/2026)

1.41%

Punjab National Bank (12/03/2027)

1.28%

Indian Bank (24/06/2027)

1.25%

HDFC Bank Ltd. (24/02/2027)

1.10%

Export-Import Bank of India (01/03/2027)

1.10%

Punjab National Bank (04/03/2027)

1.10%

Small Industries Development Bank of India (11/08/2027)

1.06%

AMC Profile

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

HSHarshil SuvarnkarStart date not disclosed

Education

Masters Management Studies (Finance), Post Graduate Diploma Securities Law & B. Com.

Experience

years in the financial 2021 to joining he was associated with as Head - Markets, handling treasury Asset Liability (ALM) and capital Fund Management Responsibility jointly with Mr. Chanchal Khandelwal and Dhaval Joshi Mr. Lovelish Solanki and Mr. Rohit Karan Mr. Kaustubh Gupta Mr. Bhupesh Bameta Mr. Abhinav Khandelwal and Dhaval Joshi Mr. Bhupesh Bameta Mr. Mohit Sharma - Mr. Sanjay Godambe - Mr. Kaustubh Gupta and Mr. Vighnesh Gupta

Funds managed (16)

All schemes Harshil Suvarnkar runs →

KGKaustubh GuptaManaging since 20 Jun 2014

Education

Experience

He has over 21 years of experience. Prior to July 15, joining ABSLAMC, he has worked with ICICI Bank Limited in asset liability management team. Fund Manager(s) Mr. Harshil Suvarnkar - Mr. Harshil Suvarnkar Ms. Sunaina da Cunha and Mr. Sanjay Pawar Mr. Mohit Sharma and Mr. Anuj Jain - Ms. Sunaina da Cunha and Ms. Monika Gandhi Mr. Mohit Sharma Mr. Harshil Suvarnkar and Mr. Vighnesh Gupta

Funds managed (10)

All schemes Kaustubh Gupta runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Harshil Suvarnkar Kaustubh Gupta

Aditya Birla Sun Life in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Aditya Birla Sun Life Floating Interest Rates Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Floating Interest Rates Fund is ₹100.91 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life Floating Interest Rates Fund delivered?

Aditya Birla Sun Life Floating Interest Rates Fund has returned -0.43% over 1 year, +0.12% per year over 3 years, +0.02% per year over 5 years and +0.05% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund charges an expense ratio of 0.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund's largest holdings are Government of India (22/09/2033) (FRB) (7.3%), 7.28% Small Industries Development Bank of India (04/06/2029) (FRN) (2.6%), 7.48% National Bank for Agriculture and Rural Development (15/09/2028) (2.3%), 7.20% Knowledge Realty Trust (26/09/2028) (2.3%) and 7.30% Bharti Telecom Ltd. (01/12/2027) (2.0%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -2.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -5.30 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Floating Interest Rates Fund's -5.30 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is benchmarked against the NIFTY Low Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Who manages Aditya Birla Sun Life Floating Interest Rates Fund?

Aditya Birla Sun Life Floating Interest Rates Fund is managed by Harshil Suvarnkar and Kaustubh Gupta at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Floating Interest Rates Fund taxed?

Aditya Birla Sun Life Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.