Tata Floating Rate Fund-Direct Growth

Debt · Floater
 · ★★★
150
Min SIP
5,000
Min Lumpsum
0.3 %
Expense Ratio
★★★
Rating
250
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.6% - - 5.8%
Category Average 21.3% 14.8% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
REC Ltd
15.35%
Power Fin.Corpn.
13.82%
Varanasi Express
9.94%
H D F C
7.63%
Tata Capital Fin
7.39%
Others
45.87%
View all Holdings
Holdings Sector Instrument Asset
REC Ltd - - 15.35%
Power Fin.Corpn. - - 13.82%
Varanasi Express - - 9.94%
H D F C - - 7.63%
Tata Capital Fin - - 7.39%
KARNATAKA 2025 - - 7.38%
Madhya Pradesh 2026 - - 6.27%
Shriram Trans. - - 6.19%
Hero Fincorp - - 4.6%
ICICI Home Fin - - 4.58%
Yarrow Infra - - 4.2%
Karnataka 2025 - - 3.11%
Andhra Pradesh 2025 - - 3.11%
E X I M Bank - - 3.1%
Net CA & Others - - 2.37%
Reverse Repo - - 0.96%
Others
100%
View all Sectors
Sectors Asset
Non Convertable Debenture
44.44%
Floating Rate Instruments
43.41%
Govt Securities / Sovereign
8.19%
Net Curr Ass/Net Receivables
2.08%
Reverse Repos
1.59%
Others
0.29%
View all Assets
Assets Asset
Non Convertable Debenture 44.44%
Floating Rate Instruments 43.41%
Govt Securities / Sovereign 8.19%
Net Curr Ass/Net Receivables 2.08%
Reverse Repos 1.59%

Advance Ratio

-1.3
Alpha
0.17
SD
0.02
Beta
-1.95
Sharpe

Exit Load

Exit Load Nil

Fund 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¶ assure or guarantee any returns.

Fund Managers

Akhil Mittal

Mr Akhil Mittal has been serving Tata Asset Management as a senior fund manager since 2014. He currently manages assets over INR 4000 crores invested across debt funds like short and long-duration funds, ultra-short funds, and fixed income allocation hybrid funds. He holds an MBA degree from the University Business School and has worked for Canara Robeco Mutual Fund as a fund manager in the past.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Tata Mutual Fund
AUM:
1,31,663 Cr
Address:
1903, B-Wing, Parinee Crescenzo, G-Block, Bandra Kurla Complex, Bandra East Mumbai - 400051
Contact:
6657 8282.
Email ID:
service@tataamc.com

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Frequently Asked Questions

How to invest in Tata Floating Rate Fund-Direct Growth ?

You can invest in Tata Floating Rate Fund-Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Tata Floating Rate Fund-Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Tata Floating Rate Fund-Direct Growth ?

The NAV of Tata Floating Rate Fund-Direct Growth is ₹11.5 as of 21 February 2024.

How to redeem Tata Floating Rate Fund-Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Tata Floating Rate Fund-Direct Growth?

The minimum SIP amount of Tata Floating Rate Fund-Direct Growth is ₹150

How can I redeem my investments in Tata Floating Rate Fund-Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Tata Floating Rate Fund-Direct Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Tata Floating Rate Fund-Direct Growth generated ?

The Tata Floating Rate Fund-Direct Growth has delivered 5.8% since inception

What is the expense ratio of Tata Floating Rate Fund-Direct Growth ?

The expense ratio of Tata Floating Rate Fund-Direct Growth is 0.3 % as of 21 February 2024.

What is the AUM of Tata Floating Rate Fund-Direct Growth?

The AUM of Tata Floating Rate Fund-Direct Growth is ₹1,31,663 Cr as of 21 February 2024

What are the top stock holdings of Tata Floating Rate Fund-Direct Growth?

The top stock holdings of Tata Floating Rate Fund-Direct Growth are
  1. REC Ltd - 15.35%
  2. Power Fin.Corpn. - 13.82%
  3. Varanasi Express - 9.94%
  4. H D F C - 7.63%
  5. Tata Capital Fin - 7.39%

Can I make investments in both the SIP and Lump Sum schemes of Tata Floating Rate Fund-Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Tata Floating Rate Fund-Direct Growth based on your investment objective and risk tolerance.
Invest Now