Objective: The objective of the scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn‘t assure or guarantee any returns.
Tata Floating Rate Fund Direct Growth is an Fixed Income - Floating Rate fund. The fund was launched inJul 12, 2021. Its risk level is . The NAV of the fund as onJul 22, 2025 is ₹13.09. Its expense ratio is 0.30 %. The fund has an AUM of ₹131.53 Cr.The fund is managed byAkhil Mittal.
The minimum initial investment is ₹5000 in Lumpsum mode.