DebtFloater FundDirect · Growth
Tata Floating Rate Fund -Direct Plan-Growth
Tata · Scheme 149007
₹13.95▼ 0.03%NAV · 2026-09-18
Decent FundScore
AUM
₹121 cr
Expense ratio
0.32%
3Y CAGR
7.6%
Risk level
Low
Min SIP
₹500
Benchmark
CRISIL Short Duration Debt Index
Fund manager: Akhil MittalExit load: Nil
Decent · 64/100
A solid option with a few areas worth a closer look.
🎯 Suited to short-to-medium horizons and investors wanting stability over growth.
📈 Why it could do well
- ✓Very consistent — delivers dependably across market cycles, ideal for SIPs.
- ✓Protects capital well — worst-ever fall was only 1%.
- ✓Low volatility (1% a year) — a steady, low-drama ride.
- ✓Low cost — 0.32% expense ratio means more of the return stays with you.
- ✓Positive 3Y windows: 100% of rolling 3Y windows positive
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe 0.37) — took on risk without enough payoff.
- •3Y CAGR: +7.6%
- •5Y CAGR: +6.8%
FundScore breakdown
64/100 · Decent
Returns
Weak
Consistency
Excellent
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.