Item: Tata Floating Rate Fund Direct Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Tata Mutual Fund › Tata Floating Rate Fund Direct Growth

10.318 (0.048%)

NAV on May 20, 2022

Category Fixed income:

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 509 cr

Turnover Ratio

Expense Ratio 0.27%

Exit Load -

Returns

1M: 0.14%
1Y: N/A
3M: 0.72%
3Y: N/A
6M: 1.66%
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Akhil Mittal (Since 11 months)

ISIN INF277KA1026

Fund Family Tata

Launch Date July 12, 2021

Benchmark CRISIL Short Term Bond Fund TR INR

Avg. Maturity 1.60 years

Yield To Maturity (%) 5.62%

INVESTMENT OBJECTIVE

The objective of the scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn‘t assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	360.612	3.83%	15,964 cr	0.58%	Average
HDFC Floating Rate Debt - Direct Plan - Wholesale Growth Option	40.063	3.64%	18,297 cr	0.23%	Below Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	37.589	3.23%	14,012 cr	0.26%	Above Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth		1028.655	—	1,239 cr	0.26%	-

Best Dynamic Asset Allocation Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Tata Floating Rate Fund Direct Growth		10.318	—	509 cr	0.27%	-

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	360.612	3.83%	15,964 cr	0.58%	Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	283.678	3.75%	15,937 cr	0.22%	Below Average
HDFC Floating Rate Debt - Direct Plan - Wholesale Growth Option	40.063	3.64%	18,297 cr	0.23%	Below Average
Kotak Floating Rate Fund Direct Growth	1217.268	3.40%	6,675 cr	0.22%	-
Nippon India Floating Rate Fund Direct Plan Growth Plan	37.589	3.23%	14,012 cr	0.26%	Above Average