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

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

11.035 (0.037%)

NAV on June 02, 2023

Category Fixed income:

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 234 cr

Turnover Ratio 93.16%

Expense Ratio 0.30%

Exit Load -

Returns

1M: 0.69%
1Y: 6.74%
3M: 2.20%
3Y: N/A
6M: 3.64%
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Akhil Mittal (Since almost 2 years)

ISIN INF277KA1026

Fund Family Tata

Launch Date July 12, 2021

Benchmark CRISIL Short Term Bond TR INR

Avg. Maturity 1.27 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	388.913	7.80%	12,451 cr	0.62%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	43.001	7.15%	15,867 cr	0.26%	Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	40.237	6.94%	7,264 cr	0.30%	Average
Kotak Floating Rate Fund Direct Growth	1302.939	6.88%	4,880 cr	0.23%	High

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	388.913	7.80%	12,451 cr	0.62%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	43.001	7.15%	15,867 cr	0.26%	Average
Kotak Floating Rate Fund Direct Growth	1302.939	6.88%	4,880 cr	0.23%	High

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth		1103.670	7.14%	339 cr	0.16%	-

Other plans of Tata Floating Rate Fund

Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal

Dynamic Asset Allocation
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option

Dynamic Asset Allocation

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Tata Dynamic Bond Fund Direct Plan Growth

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Tata Ultra Short Term Fund Direct Growth

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Arbitrage Fund

Tata Floating Rate Fund Direct Growth