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

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

Debt
Direct
Floating Rate

NAV: ₹ 10.8 as on 08-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
0.6%
1.4%
3%
5.2%
Benchmark
0.5%
1.7%
3.2%
4.6%
About the Fund

Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option is a debt fund. This fund was started on  12 July, 2021. The fund is managed by Akhil Mittal. This fund is suitable to keep your money safe.

Key parameters

1) Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has a NAV of 10.7531 as on 08-02-2023.

2) Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has 259 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.3 %.

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹259 Cr
Inception Date
Inception Date
12 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
93.16%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
86.9%
AA
13.1%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

77.2%

Government

19.7%

Cash Equivalent

3.1%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings13
Holdings
Weight%
Holdings Trend
1M Change
B) Repo
B) Repo
13.63%
0%
Varanasi Sangam Expressway Private Limited
Varanasi Sangam Expressway Private Limited
12.2%
0%
Housing Development Finance Corporation Ltd
Housing Development Finance Corporation Ltd
9.59%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
9.57%
0%
05.75 KA Sdl 2025
05.75 KA Sdl 2025
9.33%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 16.1 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 278.6 Cr
Nov'22
₹ 294.7 Cr
Oct'22
₹ 339.9 Cr

Fund Returns vs Benchmark

Jan'23
0.64%
0.58%
Dec'22
0.38%
0.28%
Nov'22
0.70%
0.73%
Fund Return
Benchmark Return

Fund Manager

Akhil Mittal

Akhil Mittal

Fund Manager of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option, since 12 July 2021

AMC details

Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹99.46K Cr
as on 31-Dec-2022
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Email
kiran@tataamc.com

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.67% since inception which is less than its category average return of 4.84%
AUM size ₹259 Cr

AUM size ₹259 Cr

This fund has AUM of ₹259 Cr which is less than its category average of ₹ 5226 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option is 10.75 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
2.95%
2.95%
1 Year Returns
5.2%
5.2%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.3 as on January 2023
259 Cr as on January 2023
Yield to Maturity is 7.91 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 1.84 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
86.94
AA
13.06
Akhil Mittal is the fund manager of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option
The Exit load of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.