AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in

Tata Floating Interest Rates Fund - Direct Plan - Growth Option

Tata Mutual FundFloater FundsDirect · GrowthRiskometer: Moderate Risk
NAV · 15 Oct 2026₹14.0002▲ 0.00% (1 day)
Fund size (AUM) ₹114 Cr
Expense ratio 0.32%
1Y return+5.61%
3Y return (CAGR)+7.34%
5Y return (CAGR)+6.70%
Since launch (CAGR)+6.59%
Category rank (3Y) —
Volatility (3Y) 0.81%
Sharpe ratio (3Y) 1.03
Beta (3Y) —
52-week range₹13.2559 – ₹14.0051
Min. SIP / lump sum₹500 / ₹5,000
Launched12 Jul 2021
Lock-inNone
Portfolio turnover —
Max drawdown -0.6%

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 6.7% a year.
  • Volatility over 3 years was 0.8% a year, with a Sharpe ratio of 1.03.
  • Its biggest fall from a peak was 0.6% (2 May 2022 to 6 May 2022).
  • Across all 3-year periods since launch, yearly returns ranged from 6.1% to 8.0% and were positive 100% of the time.
  • Expense ratio 0.32%, fund size ₹114 crore.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.03%+0.18%+1.04%+2.80%+4.35%+5.61%+6.92%+7.34%+6.70%——+6.59%

Point-to-point NAV returns as on 15 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Floater Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022
This fund+4.35%+8.00%+8.25%+7.43%+4.92%

January to December each year; the current year is to date.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?0.81%0.77%
Sharpe ratio ?1.030.26
Sortino ratio ?1.630.38
Maximum drawdown-0.45%-0.57%

Rolling 3-year returns (yearly)

Lowest+6.11%
Median+7.60%
Highest+8.00%
Positive100% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,23,517₹3,517+5.46%
3Y₹3,60,000₹3,99,402₹39,402+6.86%
5Y₹6,00,000₹7,17,101₹1,17,101+7.06%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

Compare with all Floater Funds (12)

About Floater Funds
Scheme (Direct plans, Growth)NAV1M6M1Y3Y5Y
Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual Fund₹386.2720—————
Axis Floating Interest Rates Fund - Direct Plan - Growth OptionAxis Mutual Fund₹1,422.92—————
BANDHAN FLOATING INTEREST RATES FUND - Direct Plan - GrowthBandhan Mutual Fund₹14.2596—————
DSP Floating Interest Rates Fund - Direct Plan - GrowthDSP Mutual Fund₹14.2702—————
Franklin India Floating Interest Rates Fund - Direct Plan - GrowthFranklin Templeton Mutual Fund₹48.2368—————
HDFC Floating Interest Rates Fund - Direct Plan - Growth OptionHDFC Mutual Fund₹54.8758—————
ICICI Prudential Floating Interest Rates Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹501.7136—————
Kotak Floating Interest Rates Fund - Direct Plan - GROWTH OPTIONKotak Mahindra Mutual Fund₹1,667.57—————
Nippon India Floating Interest Rates Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹50.9254—————
SBI Floating Interest Rates Fund - Direct Plan - GrowthSBI Mutual Fund₹14.4992—————
Tata Floating Interest Rates Fund - Direct Plan - Growth OptionTata Mutual Fund₹14.0002—————
UTI Floating Interest Rates Fund - Direct Plan - GrowthUTI Mutual Fund₹1,688.91—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Investment 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.
Fund manager
Akhil Mittal
Fund house
Tata Mutual Fund
Category
Floater Funds · Debt
Plan / option
Direct · Growth
AMFI scheme code
149007
ISIN
INF277KA1026
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Floater Funds

Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.

Generally used by investors concerned about rising interest rates.

Other plans of this scheme

Questions about this scheme

What is the NAV of Tata Floating Interest Rates Fund today?
The latest NAV of Tata Floating Interest Rates Fund - Direct Plan - Growth Option is ₹14.0002 as on 15 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Tata Floating Interest Rates Fund given?
As on 15 Oct 2026: 1 year +5.61%, 3 years +7.34% a year, 5 years +6.70% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Tata Floating Interest Rates Fund?
The expense ratio of the Direct plan is 0.32% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Moderate Risk. Over 3 years its volatility was 0.8% a year and its biggest fall from a peak was 0.5%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Floater Funds?
Floater Funds invest at least 65% in floating-rate debt, whose interest resets with market rates.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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