Item: Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal
Rating: 4
Author: Morningstar

Home › Mutual Funds › Tata Mutual Fund › Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal

12.397 (-0.007%)

NAV on December 20, 2024

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 148 cr

Turnover Ratio 54.07%

Expense Ratio 0.33%

Exit Load -

Returns

1M: 0.67%
1Y: 8.24%
3M: 1.96%
3Y: 6.80%
6M: 4.20%
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.

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.

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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	1253.113	9.61%	171 cr	0.20%	High
ICICI Prudential Floating Interest Fund Direct Plan Growth	442.804	8.87%	8,202 cr	0.56%	Above Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	48.645	8.58%	14,850 cr	0.26%	Average
Nippon India Floating Rate Fund Direct Plan Growth Plan	45.295	8.55%	7,723 cr	0.31%	Average

Best Floating Rate Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Floater Fund Direct Growth	1253.113	9.61%	171 cr	0.2%	High
Franklin India Floating Rate Direct Growth	42.305	9.08%	295 cr	0.23%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	442.804	8.87%	8,202 cr	0.56%	Above Average