Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal
Debt
Direct
Floating Rate
NAV: ₹ 11.73 as on 16-04-2024
Fund Performance
About the Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal
Tata Floating Rate Fund Direct Periodic 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
- Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal has ₹220 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 Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.3% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹220 Cr |
 | 12 July, 2021 |
 | --/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 76.44% |
Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
93.4%
AA
6.6%
Sector Allocation
Corporate
64.6%
Government
31.9%
Cash Equivalent
3.5%
Top Holdings of Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal as on (31-Mar-24)
Debt Holdings14
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 11.33% | 0% | |
Rural Electrification Corporation Limited | 11.33% | 0% | |
Power Finance Corporation Limited | 9.07% | 0% | |
05.75 KA Sdl 2025 | 8.95% | 0% | |
ICICI Home Finance Company Limited | 6.82% | 0% |
See all
Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 219.7 Cr as of Mar'24
- AUM decreased by 16.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Akhil Mittal
Fund Manager of Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal, since 12 July 2021
Top funds managed
Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal 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 5.94% since inception which is more than its category average return of 5.04%
AUM size ₹220 Cr
This fund has AUM of ₹220 Cr which is less than its category average of ₹ 4658 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.57%
Frequently Asked Questions
The current NAV of Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal is ₹11.73 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 3.67% | 3.67% |
1 Year Returns | 7.47% | 7.47% |
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 March 2024
₹220 Cr as on March 2024
Rural Electrification Corporation Limited(11.33%), National Bank For Agriculture And Rural Development(11.33%), Power Finance Corporation Limited(9.07%), 05.75 KA Sdl 2025(8.95%), ICICI Home Finance Company Limited(6.82%) as on March 2024
Corporate(64.61%), Government(31.87%), Cash Equivalent(3.52%) as on March 2024
Yield to Maturity is 8.07 as on March 2024. 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 0.81 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 93.36 |
AA | 6.64 |
Akhil Mittal is the fund manager of Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Tata Floating Rate Fund Direct Periodic Reinvestment of Income Distribution cum capital withdrawal is 0%