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 Quarterly Payout
★★★★★ monitor_heart Health Score: 56/100 · AverageTata Mutual Fund · Debt · Floater
₹13.88
AUM: ₹116 Cr
NAV updated 6 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.31%
Exit Load
Nil
Fund Manager
Akhil Mittal
Inception
Jul 2021
Benchmark
CRISIL Short Duration Debt A-II Index
Sharpe Ratio
-0.87
Std Dev (1Y)
0.88%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.64%
3m
+1.78%
6m
+3.42%
1y
+5.99%
3y
+7.61%
5y
+6.73%
10y
—
since inception
+6.65%
rate_review TopFund's Take on Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout
Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout sits in the middle of the pack for Floater funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 56/100.
Cost: At 0.31%, the expense ratio runs 15% above the Floater category average of 0.27%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.87 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.88% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout
The current NAV (Net Asset Value) of Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout is ₹13.88. NAV is updated every business day after market close by AMFI.
1Y: 5.99% · 3Y CAGR: 7.61% · 5Y CAGR: 6.73%
The expense ratio is 0.31% per annum — the annual fee deducted from your investment to cover fund management costs.
Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout is managed by Akhil Mittal at Tata Mutual Fund.
Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Tata Floating Rate Fund-Direct Plan-IDCW Quarterly Payout is ₹117 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.