How to Invest in Tata Floating Rate Fund Direct Growth?

You can easily invest in Tata Floating Rate Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Tata Floating Rate Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Tata Floating Rate Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata Floating Rate Fund Direct Growth provide?

The Tata Floating Rate Fund Direct Growth has been there from 07 Jul 2021 and the average annual returns provided by this fund is 7.76% since its inception.

How much expense ratio is charged by Tata Floating Rate Fund Direct Growth?

The term Expense Ratio used for Tata Floating Rate Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Tata Floating Rate Fund Direct Growth is 0.30% as of 18 Jan 2026...

What is the AUM of Tata Floating Rate Fund Direct Growth?

The AUM, short for Assets Under Management of Tata Floating Rate Fund Direct Growth is ₹136.40Cr as of 18 Jan 2026.

How to Redeem Tata Floating Rate Fund Direct Growth?

If you want to sell your Tata Floating Rate Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Tata Floating Rate Fund Direct Growth?

You can select either SIP or Lumpsum investment of Tata Floating Rate Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Tata Floating Rate Fund Direct Growth?

The NAV of Tata Floating Rate Fund Direct Growth is ₹13.41 as of 16 Jan 2026.

What is the PE and PB ratio of Tata Floating Rate Fund Direct Growth?

The PE ratio ratio of Tata Floating Rate Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Tata Floating Rate Fund Direct Growth

Name: Tata Floating Rate Fund Direct Growth
Brand: Tata Mutual Fund

Debt

Floater

Low to Moderate Risk

+7.80%

3Y annualised

-0.06% 1D

All

NAV: 16 Jan '26

₹13.41

Min. SIP amount

₹500

Fund size

₹136.40 Cr

Expense ratio

0.30%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹62,124		+3.54%
3 years	₹1,80,000	₹2,02,208		+12.34%

Holdings (19)

Name	Sector	Instruments	Assets
Andhra Pradesh State	Financial	SDL	7.56%
Export-Import Bank Of India	Financial	Bonds	7.43%
National Housing Bank	Financial	NCD	7.42%
REC Ltd.	Financial	Bonds	7.37%
Poonawalla Fincorp Ltd.	Financial	Debenture	7.32%
Small Industries Devp. Bank of India Ltd.	Financial	NCD	7.29%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	7.28%
GMR Airports Ltd.	Construction	Bonds	3.73%
Can Fin Homes Ltd.	Financial	NCD	3.71%
Maharashtra State	Others	SDL	3.71%
Tata Projects Ltd.	Construction	Debenture	3.71%
John Deere Financial India Pvt. Ltd.	Financial	NCD	3.71%
Shriram Finance Ltd	Financial	Debenture	3.70%
Godrej Properties Ltd.	Construction	Debenture	3.70%
Cube Highways Trust	Services	Debenture	3.68%
Sansar Trust	Others	Sec. Debt	3.67%
GOI	Sovereign	GOI Sec	3.66%
LIC Housing Finance Ltd.	Financial	Debenture	2.98%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.98%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+2.5%	+7.8%	+7.8%	+6.7%
Category average (Debt Floater)	+2.8%	+7.7%	+7.7%	--
Rank (Debt Floater)	--	5	10	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Franklin India Floating Rate Fund Direct Growth	+8.22%	+8.46%	304.96
	ICICI Prudential Floating Interest Fund Direct Plan Growth	+8.02%	+8.42%	7,282.30
	Kotak Floating Rate Fund Direct Growth	+8.30%	+8.22%	3,368.00
	HDFC Floating Rate Debt Fund Direct Plan Growth	+7.72%	+8.06%	16,223.66
	Aditya Birla Sun Life Floating Rate Direct Fund Growth	+7.55%	+7.80%	13,415.81
Compare

Fund management

AM
Akhil Mittal
Jun 2021 - Present
View details

Education

Mr. Mittal is B.Com (H) and MBA from University Business School.

Experience

Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.

Also manages these schemes

Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth

Tata Floating Rate Fund Direct Growth

Tata Treasury Advantage Direct Plan Growth

Tata Balanced Advantage Fund Direct Growth

Tata Gilt Securities Fund Direct Growth

About Tata Floating Rate Fund Direct Growth

Tata Floating Rate Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Akhil Mittal is the Current Fund Manager of Tata Floating Rate Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,16,851 Cr and the Latest NAV as of 16 Jan 2026 is ₹13.41. The Tata Floating Rate Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;

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 benchmarkCRISIL Short Duration Debt A-II Index

Scheme Information Document(SID)