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-Regular Plan-IDCW Quarterly 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%)7.08%
- Expense ratio (20%)0.32%
- AUM (15%)₹121 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Tata Mutual Fund · Income/Debt Oriented · Floating Interest Rates Fund
₹13.69
AUM: ₹121 Cr
NAV updated 18 days ago
Plan
Regular
Option
Idcw
Risk
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
-0.01
Std Dev (1Y)
0.81%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.39%
3m
+1.62%
6m
+3.02%
1y
+6.32%
3y
+7.08%
5y
+6.33%
10y
—
since inception
+6.26%
TopFund's Take on Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout
Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout sits in the middle of the pack for Floating Interest Rates Fund 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 runs 113% above the Floating Interest Rates Fund category average of 0.15%. 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 -0.01 — 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 0.81% is on the lower side for a Floating Interest Rates Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented 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
Tools & Guides for This Fund
Frequently Asked Questions about Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout
The current NAV (Net Asset Value) of Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout is ₹13.69. NAV is updated every business day after market close by AMFI.
1Y: 6.32% · 3Y CAGR: 7.08% · 5Y CAGR: 6.33%
The expense ratio of Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout is 0.32% per annum. This is the annual fee charged by the fund to manage your investment.
Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout is managed by Akhil Mittal at Tata Mutual Fund.
Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Tata Floating Rate Fund-Regular Plan-IDCW Quarterly Payout is a Floating Interest Rates Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Tata Floating Rate Fund-Regular Plan-IDCW Quarterly 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-Regular Plan-IDCW Quarterly Payout is ₹121 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.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.