₹ 13.08
as on 28 Aug 2025An open-ended debt scheme investing predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives). A relatively high interest rate risk and moderate credit risk. 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.
The fund invests in either floating rate instruments (instruments whose yields change with change in benchmark rates) or in fixed coupon instruments which are converted to floating rate by using Swaps/Overnight Index Swap (OIS).
Tata Floating Rate fund provides flexibility in response to a changing interest rate environment. The fund aims to utilize the flexibility to manage interest rate risk and enable investors earn reasonable accrual returns. The Fund aims to create a portfolio of optimal credit quality along with lower net duration risk enabling investors to earn reasonable accrual returns.
The portfolio must hold at least 65% of the fund in floating rate instruments, which are of two types:
The portfolio of a Floating Rate Fund may be positioned along 3 broad lines:
NIL
₹100
₹ 10 Lakhs
Worth of investments in last
This Fund
₹ 1251.97
9.21 %
CRISIL Short Duration Debt A-II Index
₹ 1250.99
9.04 %
CRISIL 10 Year Gilt Index
₹ 1251.57
9.14 %
Key Measures** | Fund | Benchmark |
---|---|---|
Standard Deviation | 0.86 | 0.76 |
Sharp Ratio | ||
Portfolio Beta | 0.81 | NA |
R Squared | 0.54 | NA |
Treynor | 0.18 | NA |
Jenson | 0.01 | NA |
Portfolio Macauley Duration | |
Modified Duration | |
Average Maturity | |
YTM* | NA |
Current value of ₹10,000 invested | ||||||
---|---|---|---|---|---|---|
Annualized (%) | CRISIL Short Duration Debt A-II IndexBenchmark(%) | CRISIL 10 Year Gilt IndexAdditional Benchmark(%) | Annualized (%) | CRISIL Short Duration Debt A-II IndexBenchmark(%) | CRISIL 10 Year Gilt IndexAdditional Benchmark(%) | |
Since Inception | 6.88% | 6.48% | 5.95% | ₹13,108 | ₹12,912 | ₹12,649 |
Last 5 Years | NA | NA | NA | NA | NA | NA |
Last 3 Years | 7.89% | 7.65% | 8.69% | ₹12,567 | ₹12,483 | ₹12,850 |
Last 1 Year | 9.15% | 8.76% | 9.88% | ₹10,915 | ₹10,876 | ₹10,988 |
Managing since 21 Jun 2021
Regular Income by investing predominantly in a portfolio of floating rate instruments (including fixed rate instruments converted for floating rate exposures using swaps / derivatives)
Investors understand that their principal will be atModerate
B–III
is the potential risk class matrix of Tata Floating Rate Fund based on interest rate & credit risk.