Tata Floating Rate Fund
The scheme seeks to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.
Growthvine rating: 1/5 — ranked #12 of 12 in category.
Fund basics
| Category | Debt: Floater |
|---|---|
| NAV | ₹13.63 (as of 2026-08-21) |
| AUM | ₹121 Cr |
| Expense ratio | 0.62% |
| Riskometer | Moderate |
| Fund manager | Akhil Mittal |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.30% |
|---|---|
| Sharpe ratio | 0.99 |
| Standard deviation | 1.20% |
| Max drawdown | -0.58% |
| Alpha | 0 |
| Beta | 0 |
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.6% | Q3 | #9 of 12 |
| 2025 | 7.5% | Q3 | #9 of 12 |
| 2024 | 7.8% | Q4 (Bottom) | #11 of 12 |
| 2023 | 7.0% | Q4 (Bottom) | #10 of 12 |
| 2022 | 4.5% | Q2 | #4 of 12 |