Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 62/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.45%
- Expense ratio (20%)0.32%
- AUM (15%)₹114 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Tata Mutual Fund · Debt · Floater
₹13.98
AUM: ₹113 Cr
NAV updated 11 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.32%
Exit Load
Nil
Fund Manager
Akhil Mittal
Inception
Jul 2021
Benchmark
CRISIL Short Duration Debt A-II Index
Sharpe Ratio
0.26
Std Dev (1Y)
0.83%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.25%
3m
+1.44%
6m
+3.11%
1y
+6.51%
3y
+7.45%
5y
+6.74%
10y
—
since inception
+6.67%
TopFund's Take on Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout
Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout sits in the middle of the pack for Floater funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 62/100.
Cost: At 0.32%, the expense ratio is roughly in line with the Floater category average of 0.3% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.26 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.83% is on the lower side for a Floater fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout
The current NAV (Net Asset Value) of Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is ₹13.98. NAV is updated every business day after market close by AMFI.
1Y: 6.51% · 3Y CAGR: 7.45% · 5Y CAGR: 6.74%
The expense ratio of Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is 0.32% per annum. This is the annual fee charged by the fund to manage your investment.
Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is managed by Akhil Mittal at Tata Mutual Fund.
Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is a Floater fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Tata Floating Rate Fund-Direct Plan-IDCW Periodic Payout is ₹114 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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