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Tata Floating Interest Rates Fund

Regular plan – Growth
Other options

The page shows the Growth option. The Regular plan’s other options have their own codes.

OptionAMFI codeISIN
Growth (this page)149003INF277KA1091
IDCW149004INF277KA1117, INF277KA1141
IDCW149005INF277KA1125, INF277KA1158
IDCW149006INF277KA1109, INF277KA1133

Floating Interest Rates FundTata Mutual Fund

Open-ended. Launched on 7 Jul 2021.

NAVNAV Net asset value: the value of one unit of the scheme, which the fund house works out at the end of each business day.
Data delayed
AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
₹114 cr
30 Sep 2026
SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
₹500
a month
BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
CRISIL Short Duration Debt A-II Index
as the SID names it
Riskometer
Low to Moderate
read by Felix on 28 Oct 2026
Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission

The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.

Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

1 change in the last 12 months: SEBI renamed its category from Floater Fund to Floating Interest Rates Fund, 26 Feb 2026. See what changed

What it is

SEBI’s rule for a Floating Interest Rates Fund: at least 65% in floating-rate instruments, counting fixed-rate ones swapped to a floating rate. Source: SEBI

What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.

Debtallowed 65% to 100%
Money marketallowed 0% to 35%
REITs and InvITsallowed 0% to 10%

Source: the SID’s asset allocation, from fund house disclosures.

Potential risk class (PRC)

PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it
The most risk the scheme may take: interest-rate risk in rows, credit risk in columns. This scheme: B-III.
Interest-rate riskCredit risk relatively low (A)Moderate (B)Relatively high (C)
Relatively low (I)
Moderate (II)
Relatively high (III)B-III

Riskometer

LowLow toModerateModerateModeratelyHighHighVery HighRiskometer

The risk of the scheme is Low to Moderate

As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Tata Mutual Fund

  • Low
  • Low to Moderate
  • Moderate
  • Moderately High
  • High
  • Very High

Benchmark: CRISIL Short Duration Debt A-II Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, Tata Mutual Fund

Source: fund houses’ disclosures.

Who runs it

Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.

Codes and identity

from the SID and AMFI
Fund house
Tata Mutual Fund
SEBI category
Floating Interest Rates Fund
Plan and option
Regular plan – Growth
Structure
Open-ended
Launched
7 Jul 2021
AMFI code, Growth
149003
ISIN, Growth
INF277KA1091
ISINs of the IDCW options
  • IDCW INF277KA1117, INF277KA1141
  • IDCW INF277KA1125, INF277KA1158
  • IDCW INF277KA1109, INF277KA1133
Registrar
CAMS
Fund house website
tatamutualfund.com ↗

Tata Mutual Fund

Tata Mutual Fund runs 63 schemes in their Regular plan: 20 equity, 9 debt, 4 hybrid, 21 index funds and ETFs, 9 other.

25 fund managers, in their current schemes for 3 years 3 months on average.

3 schemes launched in the last 12 months.

Source: fund houses’ disclosures, as of 28 Oct 2026.

Buying and selling

SIP from
₹500, as the KIM states it
Entry load
Nil, since 1 Aug 2009
Stamp duty
0.005% of the amount invested, since 1 Jul 2020
Applicable NAV
That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
Redemption money
Within 3 working days of the redemption request

Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.

The category: Floating Interest Rates Fund

All 12 schemes

12 schemes in their Regular plan, from 12 fund houses.

Schemes 3 to 12 of 12, A to Z; this scheme is marked.Schemes 8 to 12 of 12, A to Z; this scheme is marked.

Schemes in this category, A to Z
SchemeBenchmarkAssets, ₹ cr (30 Sep 2026)SIP from, ₹Launched
Bandhan Floating Interest Rates FundNIFTY Medium Duration Debt Index A-III2241002021
DSP Floating Interest Rates FundCRISIL Short Duration Debt A-II Index3161002021
Franklin India Floating Interest Rates FundNIFTY Short Duration Debt Index A-II2565002001
HDFC Floating Interest Rates FundCRISIL Short Duration Debt A-II Index15,6591002007
ICICI Prudential Floating Interest Rates FundNIFTY Short Duration Debt Index A-II8,6581002005
Kotak Floating Interest Rates FundNIFTY Short Duration Debt Index A-II3,2401002019
Nippon India Floating Interest Rates FundNIFTY Short Duration Debt Index A-II7,4611002004
SBI Floating Interest Rates FundNIFTY Short Duration Debt Index A-II6765002020
Tata Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1145002021
UTI Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1,5065002018
Schemes in this category, A to Z
SchemeBenchmarkAssets, ₹ cr (30 Sep 2026)SIP from, ₹Launched
Kotak Floating Interest Rates FundNIFTY Short Duration Debt Index A-II3,2401002019
Nippon India Floating Interest Rates FundNIFTY Short Duration Debt Index A-II7,4611002004
SBI Floating Interest Rates FundNIFTY Short Duration Debt Index A-II6765002020
Tata Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1145002021
UTI Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1,5065002018
Show all 12 schemes
Schemes in this category, A to Z
SchemeBenchmarkAssets, ₹ cr (30 Sep 2026)SIP from, ₹Launched
Aditya Birla Sun Life Floating Interest Rate FundNIFTY Low Duration Debt Index A-I12,9711,0002009
Axis Floating Interest Rates FundNIFTY Medium Duration Debt Index A-III1491,0002021
Bandhan Floating Interest Rates FundNIFTY Medium Duration Debt Index A-III2241002021
DSP Floating Interest Rates FundCRISIL Short Duration Debt A-II Index3161002021
Franklin India Floating Interest Rates FundNIFTY Short Duration Debt Index A-II2565002001
HDFC Floating Interest Rates FundCRISIL Short Duration Debt A-II Index15,6591002007
ICICI Prudential Floating Interest Rates FundNIFTY Short Duration Debt Index A-II8,6581002005
Kotak Floating Interest Rates FundNIFTY Short Duration Debt Index A-II3,2401002019
Nippon India Floating Interest Rates FundNIFTY Short Duration Debt Index A-II7,4611002004
SBI Floating Interest Rates FundNIFTY Short Duration Debt Index A-II6765002020
Tata Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1145002021
UTI Floating Interest Rates FundCRISIL Short Duration Debt A-II Index1,5065002018

Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.

What changed

  1. 26 Feb 2026SEBI renamed its category from Floater Fund to Floating Interest Rates Fund
  2. 14 Jul 2021Re-opened for everyday purchases
  3. 7 Jul 2021Launched
  4. 5 Jul 2021NFO closed
  5. 21 Jun 2021NFO opened

Source: fund house disclosures and SEBI.

Documents

KIM Key information memorandum: the short summary of the SID that comes with every application form.

Tata Mutual Fund publishes the scheme’s documents on its website:

  • Scheme information document (SID)
  • Key information memorandum (KIM)
  • Monthly factsheet
  • Monthly portfolio disclosure

Read SID/KIM on AMC site

Felix links to the fund house’s own copies and never copies them.

Questions about this fund

Who manages it, and since when?

Akhil Mittal, since 21 Jun 2021 (Fund manager). Source: Tata Mutual Fund’s disclosures.

What is the minimum SIP?

₹500 a month, as of 28 Oct 2026, from the fund house’s documents.

What is its benchmark?

CRISIL Short Duration Debt A-II Index, as the SID names it. Felix shows the benchmark by name only.

When was it launched, and what was it called before?

It was launched on 7 Jul 2021.

How do I invest in it?

Read the SID and KIM on Tata Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.

What does “Regular plan – Growth” mean?

The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.

Where are its documents?

On Tata Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Data on this page

BlockSourceFor
AssetsFund houses’ disclosures, at month-end30 Sep 2026
MinimumsFund house documents, as read by Felix28 Oct 2026
RiskometerFund houses’ disclosures, as read by Felix28 Oct 2026
Asset allocationThe SID, from fund house disclosures28 Oct 2026
Fund managersFund house disclosures28 Oct 2026

Something wrong or out of date? Report an error

When you are ready, invest with a person.

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission