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

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

11.996 (0.043%)

NAV on July 26, 2024

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 222 cr

Turnover Ratio 76.44%

Expense Ratio 0.30%

Exit Load -

Returns

1M: 0.69%
1Y: 7.57%
3M: 2.08%
3Y: 6.19%
6M: 3.97%
5Y: N/A

Min Investment 5,000

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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	429.116	8.54%	9,802 cr	0.56%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	47.163	8.21%	15,103 cr	0.26%	Below Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	331.758	7.86%	12,592 cr	0.23%	Low
Nippon India Floating Rate Fund Direct Plan Growth Plan	43.845	7.77%	7,823 cr	0.31%	Average

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth	1212.694	8.82%	257 cr	0.2%	-
Franklin India Floating Rate Direct Growth	40.970	8.61%	337 cr	0.23%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	429.116	8.54%	9,802 cr	0.56%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	47.163	8.21%	15,103 cr	0.26%	Below Average