Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth

Debt: Floating Interest Rate - Growth (Open ended)
Risk levelCategoryBenchmark
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Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Floating Interest RateBenchmark: NIFTY Low Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹385.53+0.05%
07 Sept 2026

Similar Funds

Side-by-side comparison of Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
PeriodThis FundCategory AvgCategory Rank
1Y Return+6.41%6.54%9 / 12
3Y Return+7.51%7.72%11 / 12
5Y Return+6.77%6.81%6 / 12
10Y Return+7.21%6.47%4 / 5

Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.

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Funds in Debt: Floating Interest Rate

Top funds by AUM in the Debt: Floating Interest Rate category — see how Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth compares on size and returns.

Funds Tracking NIFTY Low Duration Debt Index A-I

Top funds tracking the NIFTY Low Duration Debt Index A-I — sorted by AUM to show the largest options available.

Frequently Asked Questions

Which funds are similar to Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth?
Funds similar to Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth in the Debt: Floating Interest Rate category include HDFC Floating Interest Rates Fund Direct Plan-Growth, ICICI Prudential Floating Interest Rates Fund Direct-Growth, and Nippon India Floating Interest Rates Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth in its category?
On a 3-year return basis Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth is ranked 11 out of 12 funds in the Debt: Floating Interest Rate category as of 6 Sep 2026. On a 5-year return basis it ranks 6 out of 12. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth's expense ratio compare to similar funds?
Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth has an expense ratio of 0.25%. The peers HDFC Floating Interest Rates Fund Direct Plan-Growth has an expense ratio of 0.27% and ICICI Prudential Floating Interest Rates Fund Direct-Growth has 0.29%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth's AUM compare to similar funds?
Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth has an AUM of ₹13,211.5 crore. The peers HDFC Floating Interest Rates Fund Direct Plan-Growth has an AUM of ₹16,133.3 crore and ICICI Prudential Floating Interest Rates Fund Direct-Growth has ₹9,118.82 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Floating Interest Rate?
The top performing fund in the Debt: Floating Interest Rate category on a 3-year basis is Axis Floating Interest Rates Fund Direct-Growth with a CAGR of 8.40% as of 6 Sep 2026. Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth has delivered 7.51% CAGR over the same period, ranking 11 out of 12 funds. You can view and compare the full category ranking on sharpely.
How does Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth has a Sharpe ratio of 2.03 compared to the Debt: Floating Interest Rate average of 1.58 as of 6 Sep 2026. It ranks 2 out of 12 funds in its category on Sharpe ratio.