Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option
Debt
Direct
Floating Rate
NAV: ₹ 11.3 as on 03-10-2023
Fund Performance
About the Fund
Tata Floating Rate Fund Direct Periodic 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 Periodic Payout of Income Distribution cum capital withdrawal option has ₹295 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option Overview
 | 0.3% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹295 Cr |
 | 12 July, 2021 |
 | ₹0/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 76.44% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
90%
AA
10%
Sector Allocation
Corporate
72.7%
Government
23%
Cash Equivalent
4.3%
Top Holdings of Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option as on (30-Sep-23)
Debt Holdings15
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Varanasi Sangam Expressway Private Limited | 10.34% | 0% | |
National Bank For Agriculture And Rural Development | 8.44% | 0% | |
Rural Electrification Corporation Limited | 8.44% | 0% | |
Small Industries Development Bank Of India | 8.44% | 0% | |
05.75 KA Sdl 2025 | 8.26% | 0% |
See all
Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 258.6 Cr as of Aug'23
- AUM increased by 3.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option Fund Manager
Akhil Mittal
Fund Manager of Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option, since 12 July 2021
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.62% since inception which is more than its category average return of 4.93%
AUM size ₹295 Cr
This fund has AUM of ₹295 Cr which is less than its category average of ₹ 5473 Cr
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 Periodic Payout of Income Distribution cum capital withdrawal option is ₹11.3 as on 03-Oct-2023.
Existing (Absolute + CAGR) as on 03-Oct-2023.
Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.83% | 3.83% |
1 Year Returns | 7.11% | 7.11% |
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 September 2023
₹295 Cr as on September 2023
Varanasi Sangam Expressway Private Limited(10.34%), Rural Electrification Corporation Limited(8.44%), National Bank For Agriculture And Rural Development(8.44%), Small Industries Development Bank Of India(8.44%), 05.75 KA Sdl 2025(8.26%) as on September 2023
Corporate(67.77%), Government(19.44%), Cash Equivalent(12.8%) as on September 2023
Yield to Maturity is 7.82 as on September 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 1.19 as on September 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 89.96 |
AA | 10.04 |
Akhil Mittal is the fund manager of Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option
The Exit load of Tata Floating Rate Fund Direct Periodic Payout of Income Distribution cum capital withdrawal option is 0%