Latest NAV & returns of TATA ASSET MANAGEMENT LTD.

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

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NAV on July 18, 2024
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 209 cr
Turnover Ratio 76.44%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.70%
  • 1Y: 7.56%
  • 3M: 1.98%
  • 3Y: 6.15%
  • 6M: 3.92%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Akhil Mittal (Since about 3 years)
ISIN INF277KA1075
Fund Family Tata
Launch Date July 12, 2021
Benchmark CRISIL Short Term Bond TR INR
Avg. Maturity 2.06 years
Yield To Maturity (%) 7.78%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.18%
AA 7.82%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Short Term Bond TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -
Sharpe -
Std Dev -
Risk -
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
427.644 8.61% 9,802 cr 0.56% Above Average
47.027 8.21% 14,524 cr 0.26% Below Average
331.085 7.85% 12,400 cr 0.23% Low
43.736 7.74% 7,817 cr 0.31% Average
Best Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1208.278 8.56% 256 cr 0.2% -
47.027 8.21% 14,524 cr 0.26% Below Average


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