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

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

10.717 (0.002%)

NAV on January 25, 2023

Category Fixed income:

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 259 cr

Turnover Ratio 93.16%

Expense Ratio 0.30%

Exit Load -

Returns

1M: 0.47%
1Y: 4.78%
3M: 1.25%
3Y: N/A
6M: 2.98%
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Akhil Mittal (Since over 1 year)

ISIN INF277KA1026

Fund Family Tata

Launch Date July 12, 2021

Benchmark CRISIL Short Term Bond Fund TR INR

Avg. Maturity 2.06 years

Yield To Maturity (%) 7.91%

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	377.349	5.05%	12,260 cr	0.62%	Average
Kotak Floating Rate Fund Direct Growth	1266.295	3.91%	5,324 cr	0.22%	High

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth		1072.539	5.22%	457 cr	0.16%	-

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	295.414	5.15%	12,834 cr	0.23%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	377.349	5.05%	12,260 cr	0.62%	Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	39.080	4.30%	7,392 cr	0.27%	Average
Kotak Floating Rate Fund Direct Growth	1266.295	3.91%	5,324 cr	0.22%	High