Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option
Get the latest NAV of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹13.13
NAV as on 16 Sep 2025
6.71%/per year
Since Inception
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Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option Performance vs. Floating Rate Index
Fund returns vs Benchmark returns vs Category Average returns as on (16-Sep-25)
The fund has outperformed the benchmark (Floating Rate Index) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 2 Sectors in August were Corporate, Government
Corporate
55%
Government
36%
Corporate
56%
Government
30%
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.3% |
Benchmark | CRISIL Short Term Bond TR INR |
| AUM | ₹138 Cr |
| Inception Date | 12 July, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 108.36% |
| Risk |   Moderate Risk |
About 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 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
- Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has ₹138 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has given a CAGR return of 6.71% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.13% and 7.66% respectively.
Holdings
Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Reliance Industries Limited, National Housing Bank, Export Import Bank Of India, Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option has no lock in period.
Fund Manager
Akhil Mittal
Fund Manager of Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option, since 12 July 2021
- AUM of the fund stands at 138 Cr as of Aug'25
- AUM increased by 19 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option
How do I invest in Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option?
- Download the INDmoney app.
- Search for ‘Tata Floating Rate Fund Direct Monthly Payout of Income Distribution cum capital withdrawal option’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.