Home > Products > Debt Products > Tata Floating Rate Fund
Debt Products
| Type of Scheme | An open ended pure debt fund. | |||||||||
| Launch Date | 12th December 2003 | |||||||||
| Fund Objective | To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments. | |||||||||
| Fund Investment Strategy | The scheme would invest in companies based on various criteria including sound professional management, track record, industry scenario, growth prospectus, liquidity of the securities, etc. | |||||||||
| Asset Allocation |
*Floating rate debt instruments include fixed rate instruments swapped for floating rate returns. |
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| Liquidity | Purchase & sale on all business days | |||||||||
| NAV Calculation | 365 days a year | |||||||||
| Options Available |
Short Term Option, Long Term Option, Institution Plan Each option has Bonus/ Income and Growth plans. |
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| Load Structure | Entry Load for Short Term Option: NIL Exit Load for Short Term Option: NIL Entry Load for Long Term Option: NIL Exit Load for Long Term Option: 0.50% if redeemed before 3 months from the date of allotment |
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| Minimum Application Amount | For Long term and Short Term Rs 10, 000/- and in multiples of Re 1/- thereafter. |