About Tata Floating Interest Rates Fund
Tata Floating Interest Rates Fund is a floater fund managed by Tata Mutual Fund. Invest at least 65% in floating-rate instruments, whose interest resets with market rates.
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.
The scheme's stated objective, as published by Tata Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹13.9866 | 149007 |
| Direct | IDCW Monthly Dividend Reinvestment Option | ₹13.9866 | 149037 |
| Direct | IDCW Monthly Payout Option | ₹13.9866 | 149000 |
| Direct | IDCW Periodic Dividend Reinvestment Option | ₹13.9866 | 149033 |
| Direct | IDCW Periodic Payout Option | ₹13.9866 | 149002 |
| Direct | IDCW Quarterly Dividend Reinvestment Option | ₹13.9866 | 149034 |
| Direct | IDCW Quarterly Payout Option | ₹13.9866 | 149001 |
| Regular | Growth Option | ₹13.6765 | 149003 |
| Regular | IDCW Monthly Dividend Reinvestment Option | ₹13.6765 | 149035 |
| Regular | IDCW Monthly Payout Option | ₹13.6765 | 149004 |
| Regular | IDCW Periodic Dividend Reinvestment Option | ₹13.6765 | 149036 |
| Regular | IDCW Periodic Payout Option | ₹13.6765 | 149006 |
| Regular | IDCW Quarterly Dividend Reinvestment Option | ₹13.6765 | 149038 |
| Regular | IDCW Quarterly Payout Option | ₹13.6765 | 149005 |
Frequently asked questions
What is the NAV of Tata Floating Interest Rates Fund today?
The NAV of Tata Floating Interest Rates Fund (Direct plan, Growth) is ₹13.9866 and the Regular plan NAV is ₹13.6765, as of 18 Sept 2026.
What returns has Tata Floating Interest Rates Fund given?
Over the last year the Direct plan returned 6.45%, and 7.47% a year over 3 years and 6.75% a year over 5 years. That places it 8 of 12 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Tata Floating Interest Rates Fund?
The Direct plan charges 0.31% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Tata Floating Interest Rates Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has Tata Floating Interest Rates Fund fallen in the past?
Its deepest fall was 0.6% from 2 May 2022 to 6 May 2022. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Tata Floating Interest Rates Fund belong to?
It is a Floater Fund from Tata Mutual Fund. Invest at least 65% in floating-rate instruments, whose interest resets with market rates.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Tata Floating Interest Rates Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.