Tata Floating Interest Rates Fund
- NAV as on 25 Sep 2026
- ₹13.67-0.05%1 day
- Return since launch
- 6.2%
- 52-week range
- ₹12.93 — ₹13.69
- AUM
- ₹114 Cr
Tata Floating Interest Rates Fund is a Floater debt fund from Tata Mutual Fund with ₹114 Cr under management, launched in 2021. Over three years it has returned 6.6% a year, against 7.2% for its category. The expense ratio is 0.72% and the SEBI riskometer reading is Low to Moderate.
Performance
Tata Floating Interest Rates Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.5% | −0.2 pts | 5.7% | 5.3% |
| 2Y | 6.1% | −0.1 pts | 6.2% | 6.0% |
| 3Y | 6.6% | −0.6 pts | 7.2% | 6.6% |
| 5Y | 6.7% | +0.4 pts | 6.3% | 6.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.2% | +0.1 pts | 0.1% | 0.2% |
| 3M | 1.0% | +0.1 pts | 0.9% | 0.8% |
| 6M | 3.0% | −0.2 pts | 3.2% | 3.0% |
| 1Y | 5.8% | +0.1 pts | 5.7% | 5.4% |
| 2Y | 6.7% | 0.0 pts | 6.7% | 6.7% |
| 3Y | 7.0% | −0.2 pts | 7.2% | 7.1% |
| 5Y | 6.3% | −0.1 pts | 6.3% | 6.3% |
Since launch (21 Jun 2021): 6.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.5% | −0.5 pts | 8.0% |
| 2024 | 7.7% | −0.8 pts | 8.5% |
| 2023 | 7.0% | −0.7 pts | 7.7% |
| 2022 | 4.5% | 0.0 pts | 4.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.72%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.62%
- Brokerage
- 0.00%
- Transaction charges
- 0.01%
- Statutory levies
- 0.09%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Duration Debt A-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.93 | 1.26 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.51 | 2.25 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.21 | 1.38 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Floating Interest Rates Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt163.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Andhra Pradesh State | Financial | 8.93% | ₹10.17 Cr | +9.50% | +7.36% | — |
| National Housing Bank | Financial | 8.80% | ₹10.02 Cr | +9.40% | +7.21% | +7.38% |
| Export-Import Bank Of India | Financial | 8.78% | ₹9.99 Cr | +9.36% | +7.22% | +7.36% |
| Poonawalla Fincorp Ltd. | Financial | 8.73% | ₹9.94 Cr | +9.32% | +7.13% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 8.64% | ₹9.84 Cr | +9.20% | +7.08% | +7.20% |
| Others | Others | 7.62% | ₹8.67 Cr | +3.85% | +2.90% | +2.85% |
| Gujarat State | Construction | 4.53% | ₹5.16 Cr | — | — | — |
| Can Fin Homes Ltd. | Financial | 4.41% | ₹5.02 Cr | +4.71% | +3.61% | — |
| Godrej Properties Ltd. | Construction | 4.41% | ₹5.02 Cr | +4.70% | +3.60% | — |
| John Deere Financial India Pvt. Ltd. | Financial | 4.39% | ₹5.00 Cr | +4.69% | +3.61% | +3.68% |
| Maharashtra State | Others | 4.38% | ₹4.99 Cr | +4.66% | +3.61% | +3.67% |
| Tata Projects Ltd. | Construction | 4.38% | ₹4.98 Cr | +4.69% | +3.61% | +3.67% |
| Cube Highways Trust | Services | 4.37% | ₹4.97 Cr | +4.66% | +3.58% | +3.63% |
| GOI | Sovereign | 4.35% | ₹4.96 Cr | — | +3.59% | +7.05% |
| LIC Housing Finance Ltd. | Financial | 3.52% | ₹4.01 Cr | +3.76% | +2.90% | +2.96% |
| National Bank For Agriculture & Rural Development | Financial | 3.51% | ₹4.00 Cr | +3.75% | +2.89% | +2.95% |
| Muthoot Finance Ltd. | Financial | 3.49% | ₹3.98 Cr | — | — | +3.66% |
| Sansar Trust | Others | 2.76% | ₹3.14 Cr | +3.64% | +3.38% | +3.63% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Poonawalla Fincorp Ltd. | 8.19% | 8.73% | +0.54% |
| National Housing Bank | 8.26% | 8.80% | +0.54% |
| Export-Import Bank Of India | 8.27% | 8.78% | +0.51% |
| Andhra Pradesh State | 8.42% | 8.93% | +0.51% |
| Indian Railway Finance Corporation Ltd. | 8.14% | 8.64% | +0.51% |
| Godrej Properties Ltd. | 4.13% | 4.41% | +0.27% |
| Can Fin Homes Ltd. | 4.14% | 4.41% | +0.27% |
| Gujarat State | 4.26% | 4.53% | +0.27% |
| Tata Projects Ltd. | 4.11% | 4.38% | +0.26% |
| Cube Highways Trust | 4.11% | 4.37% | +0.26% |
| John Deere Financial India Pvt. Ltd. | 4.13% | 4.39% | +0.26% |
| Maharashtra State | 4.13% | 4.38% | +0.26% |
| GOI | 4.10% | 4.35% | +0.25% |
| LIC Housing Finance Ltd. | 3.31% | 3.52% | +0.21% |
| National Bank For Agriculture & Rural Development | 3.30% | 3.51% | +0.21% |
| Muthoot Finance Ltd. | 3.29% | 3.49% | +0.20% |
| Others | 0.68% | 0.73% | +0.05% |
| Sansar Trust | 2.78% | 2.76% | -0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,093 Cr | 0.69% | 6.1% | 6.9% | 7.0% |
 ICICI Prudential Floating Interest Rates Fund | ₹9,119 Cr | 0.85% | 5.5% | 6.7% | 7.0% |
 SBI Floating Interest Rates Fund | ₹688 Cr | 0.42% | 6.4% | 6.9% | 7.0% |
 Franklin India Floating Interest Rates Fund | ₹281 Cr | 0.95% | 5.6% | 6.8% | 7.0% |
 Bandhan Floating Interest Rates Fund | ₹228 Cr | 0.71% | 6.1% | 6.9% | 6.8% |
 Axis Floating Interest Rates Fund | ₹149 Cr | 0.53% | 7.0% | 7.4% | 7.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Akhil MittalMr. Mittal is B.Com (H) and MBA from University Business School.Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.01% absolute | ₹60,000 | ₹61,806 | 3.01% | |
| 1 year5.77% annualised | ₹1,20,000 | ₹1,23,817 | 3.18% | |
| 3 years6.95% annualised | ₹3,60,000 | ₹4,01,312 | 11.48% | |
| 5 years6.28% annualised | ₹6,00,000 | ₹7,06,422 | 17.74% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.