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

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

11.410 (0.024%)

NAV on November 29, 2023

Category Fixed income:

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 261 cr

Turnover Ratio 76.44%

Expense Ratio 0.30%

Exit Load -

Returns

1M: 0.62%
1Y: 7.26%
3M: 1.65%
3Y: N/A
6M: 3.50%
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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	405.349	8.13%	11,570 cr	0.61%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	44.622	7.71%	16,858 cr	0.26%	Below Average
Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth	314.774	7.63%	13,117 cr	0.23%	Below Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	41.555	7.37%	7,866 cr	0.31%	Average