Item: Tata Floating Rate Fund Direct Growth
Rating: 4
Author: Morningstar

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

12.316 (0.016%)

NAV on November 21, 2024

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 146 cr

Turnover Ratio 54.07%

Expense Ratio 0.33%

Exit Load -

Returns

1M: 0.47%
1Y: 8.07%
3M: 2.07%
3Y: 6.66%
6M: 4.18%
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.

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Top Rated
Top Performing

Top Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Floater Fund Direct Growth	1243.175	9.80%	233 cr	0.20%	High
ICICI Prudential Floating Interest Fund Direct Plan Growth	441.177	8.99%	8,675 cr	0.56%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	48.436	8.68%	15,004 cr	0.26%	Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	45.056	8.56%	7,821 cr	0.31%	Average