Tata Floating Rate Fund Direct Growth

Tata Floating Rate Fund Direct Growth

Debt

Tata Mutual Fund

Floating Rate

Get the latest NAV of Tata Floating Rate Fund Direct Growth. 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.

₹13.02

NAV as on 26 Jun 2025

6.89%/per year

Since Inception

Absolute Gain%

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49 people have invested ₹ 5.7L in Tata Floating Rate Fund Direct Growth in the last three months

Fund Performance

as on (26-Jun-25)

Period
This Fund
Floating Rate Index
1 Month
0.17%
0.25%
3 Months
2.82%
2.75%
6 Months
4.97%
4.76%
1 Year
9.34%
8.98%
3 Years
7.94%
7.93%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Tata Floating Rate Fund
-
129Cr
0.3%
9.34%
7.94%
6.89%
HDFC Floating Rate Debt Fund Direct Growth
1/8
15,297Cr
0.26%
9.28%
8.39%
7.96%
Aditya Birla Sun Life Floating Rate Fund Direct Growth
2/8
13,670Cr
0.22%
8.72%
7.93%
8.03%
Kotak Floating Rate Fund Direct Growth
3/8
3,253Cr
0.25%
9.83%
8.41%
7.44%
See all

Tata Floating Rate Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Tata Floating Rate Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Debt & Cash 99.4%

AAA
81%
AA
19%
Cash allocation has gone down from 8.9% to 4.9%
Cash allocation has gone down from 8.9% to 4.9%
Debt allocation has gone up from 90.5% to 94.4%
Debt allocation has gone up from 90.5% to 94.4%

Tata Floating Rate Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Debt & Cash 99.4%

Corporate
60.5%
Government
36.3%
Cash Equivalent
3.3%

Top 2 Sectors in May were Corporate, Government

May'25

Corporate

67%

Government

23%

Apr'25

Corporate

62%

Government

25%

Tata Floating Rate Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.3%
Benchmark
CRISIL Short Term Bond TR INR
AUM₹129 Cr
Inception Date12 July, 2021
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
54.07%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

About Tata Floating Rate Fund

Tata Floating Rate Fund Direct Growth 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 Growth has ₹129 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Tata Floating Rate Fund Direct Growth has given a CAGR return of 6.89% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.34% and 7.94% respectively.

Holdings

Tata Floating Rate Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Reliance Industries Limited, Cholamandalam Investment And Finance Company Limited, National Housing Bank, Export Import Bank Of India, Rural Electrification 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 Growth

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 Growth has no lock in period.

Fund Manager

Akhil Mittal

Fund Manager of Tata Floating Rate Fund Direct Growth, since 12 July 2021

Learn more about Tata Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 114.1 Cr
₹ 123.2 Cr
₹ 108.7 Cr
  • AUM of the fund stands at 114.1 Cr as of May'25
  • AUM decreased by 9 Cr between May'25 and Apr'25

Frequently Asked Questions for Tata Floating Rate Fund Direct Growth

How do I invest in Tata Floating Rate Fund?

INDmoney makes it simple to invest in the Tata Floating Rate Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Tata Floating Rate Fund’.
  • 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.

What is the current NAV of Tata Floating Rate Fund?

The NAV of the fund today is ₹13.02. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Tata Floating Rate Fund fund has generated a return of 9.34% in 1 year, 7.94% in 3 years

Who is the fund manager of Tata Floating Rate Fund?

The fund managers are Akhil Mittal.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.30%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹129 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Tata Floating Rate Fund?

The top 3 holdings of the fund are Reliance Industries Limited(8.23%), Cholamandalam Investment And Finance Company Limited(7.94%), National Housing Bank(7.9%)