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Tata Floating Rate Fund-Direct (IDCW-M) RI

Floater Fund
Invest Now

  • NAV

    12.51(0.05%)

  • Fund Size (CR)

    ₹167.76

  • Expense Ratio

    0.33

  • Scheme Type

    Active Fund

  • Value Research

    -

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹150

  • Minimum Withdrawal

    ₹500

  • Exit Load Nil

    0%

  • Return Since Launch

    6.45%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 1.75%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Akhil Mittal

Bench Mark

CRISIL Short Duration Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 27 January 202510008.480.08%-0.13%84/101
1 Month3 January 202510066.480.66%-0.66%45/101
3 Month31 October 202410183.771.84%-1.79%31/101
6 Month2 August 202410409.484.09%-3.70%33/101
1 Year2 February 202410822.948.23%8.23%8.33%58/101
3 Year3 February 202212249.2522.49%7.00%6.92%36/101
5 Year--0%-6.69%-/-
Since Inception7 July 202112507.1025.07%6.45%6.84%60/101

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000124501.283.75% 3.75%
3 Year2 March 20223,60,000402008.3411.67% 3.75%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.19%

Standard Deviation

0.02%

Beta

-0.44%

Sharpe Ratio

2.15%

Treynor's Ratio

-0.36%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Natl. Hous. Bank10.21%150015.06NCDDebt Others
REC Ltd10.14%15014.95NCDDebt Others
S I D B I10.14%15014.96NCDDebt Others
Reliance Industr7.12%10010.49NCDDebt Others
Cholaman.Inv.&Fn6.84%100010.09NCDDebt Others
I R F C6.77%10009.98NCDDebt Others
Sikka Ports6.69%1009.87NCDDebt Others
Interise6.51%10009.60NCDDebt Others
Karnataka 203710.40%150000015.34Govt. SecuritiesGovt. Securities
GSEC20646.99%100000010.30Govt. SecuritiesGovt. Securities

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Tata Floating Rate Fund-Direct (IDCW-M) RI
167.760.66%1.84%4.09%8.23%7.00%
ICICI Pru Floating Interest Fund-Direct (IDCW-W)
7776.880.71%2.34%6.19%11.43%9.45%
DSP Floater Fund - Direct (G)
617.930.78%1.98%4.29%9.17%7.27%
DSP Floater Fund - Direct (IDCW)
617.930.78%1.98%4.29%9.17%7.27%
Franklin India Floating Rate Fund - Direct (G)
290.560.62%1.86%3.83%9.00%7.44%
AXIS Floater Fund - Direct (G)
169.200.77%1.76%4.29%8.95%7.51%

News

  • Tata MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes

    Tata Mutual Fund has announced 05 February 2025 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Tata Hybrid Equity Fund ' Regular Plan & Direct Plan: 0.36 each.

    Tata Equity Savings Fund ' Regular Plan & Direct Plan: 0.057 each.

    Powered by Capital Market - Live News

  • Tata MF announces change in Fund Manager of the following scheme

    Tata Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 27th January, 2025

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager New Fund Manager(s)
    Tata Multicap Fund 1. Rahul Singh
    2. Murthy Nagarajan
    3. Tejas Gutka
    4. Kapil Malhotra     		1. Meeta Shetty
    2. Murthy Nagarajan
    3. Kapil Malhotra

    Powered by Capital Market - Live News

  • Tata MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes

    Tata Mutual Fund has announced 01 January 2025 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Tata Hybrid Equity Fund ' Regular Plan & Direct Plan: 0.37 each.

    Tata Equity Savings Fund ' Regular Plan & Direct Plan: 0.057 each.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

21 June 2021

Total AUM (Cr)

₹147.44

Tata Floating Rate Fund-Direct (IDCW-M) RI is an Floater Fund-oriented fund from the renowned AMC, Tata Mutual Fund. Launched in 21 June 2021, this fund is managed by Akhil Mittal. With assets under management (AUM) worth ₹147.44 (Cr), as of 3 February 2025, Tata Floating Rate Fund-Direct (IDCW-M) RI is categorized as a Floater Fund within its segment. The fund has generated a return of 6.45% since its launch.
The current NAV of Tata Floating Rate Fund-Direct (IDCW-M) RI is ₹12.51, as on 3 February 2025. The fund's benchmark index is CRISIL Short Duration Debt A-II Index. You can invest in Tata Floating Rate Fund-Direct (IDCW-M) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹150 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 7.00% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.14% in Debt and 2.86% in cash and cash equivalents.

FAQs

How to Invest in Tata Floating Rate Fund-Direct (IDCW-M) RI Direct Growth?

Tata Floating Rate Fund-Direct (IDCW-M) RI is a popular fund in the Floater Fund segment. The fund has generated a return of 6.45% since inception. Looking to invest in Tata Floating Rate Fund-Direct (IDCW-M) RI How about earning 1% extra return? All this is possible with m.Stock! Investing in Tata Floating Rate Fund-Direct (IDCW-M) RI is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Tata Floating Rate Fund-Direct (IDCW-M) RI
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Tata Floating Rate Fund-Direct (IDCW-M) RI today and reap the benefits of this Floater Fund fund!

How much returns has Tata Floating Rate Fund-Direct (IDCW-M) RI Direct Growth generated?

In the short term, i.e., 1 year, Tata Floating Rate Fund-Direct (IDCW-M) RI has generated annualised return of 8.23%. In the long-term, the fund has generated 7.00% and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.45% returns.

What is the expense ratio of Tata Floating Rate Fund-Direct (IDCW-M) RI Direct Growth?

The expense ratio of Tata Floating Rate Fund-Direct (IDCW-M) RI Direct Growth is 0.33%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Tata Floating Rate Fund-Direct (IDCW-M) RI Fund Direct Growth?

The Assets Under Management (AUM) of Tata Floating Rate Fund-Direct (IDCW-M) RI is ₹147.44 (Cr) as of 2025-02-03 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Tata Floating Rate Fund-Direct (IDCW-M) RI Direct Growth?

Redeeming or selling units of Tata Floating Rate Fund-Direct (IDCW-M) RI is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Tata Floating Rate Fund-Direct (IDCW-M) RI:
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Tata Floating Rate Fund-Direct (IDCW-M) RI).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
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