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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Akhil Mittal
Mr. 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.
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
REC Ltd. 7.52 07/11/2026
Financial
₹9.97
9.39
REC Ltd. 31/10/2024
Financial
₹19.96
9.27
Cholamandalam Investment and Finance Company Ltd. 8.6 05/03/2029
Financial
₹10.29
8.65
Poonawalla Fincorp Ltd. 7.53 24/09/2027
Financial
₹9.95
8.19
Indian Railway Finance Corporation Ltd. 6.47 30/05/2028
Financial
₹9.88
8.14
Reliance Industries Ltd. 8.95 09/11/2028
Energy
₹10.61
7.69
Indian Railway Finance Corporation Ltd. 7.4 18/04/2026
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Tata Floating Interest Rates Fund is ₹13.64 as of 2026-08-25.
Tata Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Tata Floating Interest Rates Fund is ₹121.44 Cr.
The expense ratio of Tata Floating Interest Rates Fund is 0.72%.
Tata Floating Interest Rates Fund is managed by Akhil Mittal.
The minimum SIP investment for Tata Floating Interest Rates Fund is ₹500.
As per the SEBI Riskometer, Tata Floating Interest Rates Fund carries a Low To Moderate risk level.
Tata Floating Interest Rates Fund has delivered 6.26% (1Y), 7.07% (3Y) and 6.29% (5Y) annualised returns as of 2026-08-25.
Tata Floating Interest Rates Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
