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

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

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

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

Debt
Direct
Floating Rate

NAV: ₹ 10.5 as on 23-09-2022

Fund Performance
About the Fund

Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal 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 Reinvestment of Income Distribution cum capital withdrawal has a NAV of 10.5193 as on 23-09-2022.

2) Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal has 368 Cr worth of assets under management (AUM) as on 31-07-2022 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
₹368 Cr
Inception Date
Inception Date
12 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹150
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
85.9%
AA
14.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

72.9%

Government

15.1%

Cash Equivalent

11.9%

Top Holdings

  • All
  • Debt & Cash
Total Holdings18
Debt Holdings18
Holdings
Weight%
Holdings Trend
1M Change
icon
Rural Electrification Corporation Limited
13.64%
0%
icon
Power Finance Corporation Ltd.
12.29%
0%
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Varanasi Sangam Expressway Private Limited
8.82%
0%
icon
Housing Development Finance Corporation Ltd
6.79%
0%
icon
Tata Capital Financial Services Limited
6.59%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 34.9 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 365.1 Cr
Jul'22
₹ 400.1 Cr
Jun'22
₹ 460.9 Cr

Fund Returns vs Benchmark

Aug'22
0.64%
0.58%
Jul'22
0.64%
0.58%
Jun'22
0.26%
0.16%
Fund Return
Benchmark Return

Fund Manager

Akhil Mittal

Akhil Mittal

Managing this fund since 12 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Tata Balanced Advantage Fund Direct Growth
14.26%
11.02%
Tata Treasury Advantage Fund Direct Plan Growth
5.42%
4.99%
Tata Ultra Short Term Fund Direct Growth
4.87%
4.9%

AMC details

Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Fund House
Tata Asset Management Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 4.26% since inception which is less than its category average return of 4.64%
AUM size ₹368 Cr

AUM size ₹368 Cr

This fund has AUM of ₹368 Cr which is less than its category average of ₹ 5603 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%
meter
pointer

Low to Moderate Risk

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

Frequently Asked Questions

The current NAV of Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal is 10.52.
Existing (Absolute + CAGR)
Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.43%
0.43%
6 Month Returns
2.5%
2.5%
1 Year Returns
4.24%
4.24%
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 August 2022
368 Cr as on August 2022
6.62
1.15
AAA
85.88
AA
14.12
Akhil Mittal is the fund manager of Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Tata Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum capital withdrawal is 0%