MonitorDirect · GrowthWatch before adding
Tata Floating Interest Rates Fund
Tata Mutual FundIncome/Debt Oriented Schemes - Floating Interest Rates Fund5.3 years
- NAV
- 13.9915
- 26 Oct 2026
- 1Y
- +5.4%
- Trailing CAGR
- AUM
- ₹114.49 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Franklin India Floating Interest Rates Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.3 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.31% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.6%. Ask whether you can hold through a similar fall.
Vs category
Fail
4% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 123.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.4%
- 3Y+7.3%
- 5Y+6.7%
- 10Yn/a
- SI+6.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.1%
- 3Y+6.7%
- 5Y+7.0%
- 10Yn/a
- Since inception
- +6.5%
- Calendar-day CAGR
- Excess 1Y
- -0.2%
- Category median, same plan and option
- 3Y win rate
- +4%
- Windows beating the median
- 3Y percentile
- 18
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.1%
- 556 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 72 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.6%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 17 days
- Days below latest peak
- Time below peak
- +32%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 135 recovered episodes
- Longest recovery
- 20 days
- Trough to prior peak
2 May 2022 – 24 May 2022
Trough 6 May 2022 · recovered in 18 days
-0.6%
4 Aug 2025 – 12 Sept 2025
Trough 26 Aug 2025 · recovered in 17 days
-0.4%
6 Jun 2025 – 3 Jul 2025
Trough 13 Jun 2025 · recovered in 20 days
-0.3%
13 May 2026 – 1 Jun 2026
Trough 21 May 2026 · recovered in 11 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
18
Vs category
49
Consistency
17
Risk-adjusted
82
Drawdown
99
Mean
53
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 21 holdings · top 10 are 123.5%.
- Top 5
- 96.1%
- Top 10
- 123.5%
- Largest holding
- 61.2%
- Effective holdings
- 2.3
Others IRS
Unspecified
61.2%
STATE DEVELOPMENT LOAN 33699 AP 06DC29 7.7 FV RS 100
Financial
8.8%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC
Financial
8.7%
EXPORT IMPORT BANK OF INDIA SR AA02 7.35 BD 27JL28 FVRS1LAC
Financial
8.7%
POONAWALLA FINCORP LIMITED SR D1 7.5285 NCD 24SP27 FVRS1LAC
Financial
8.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Franklin India Floating Interest Rates Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.9%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 1.23
- 3Y win
- +27%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Aditya Birla Sun Life Floating Interest Rate Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -1.8%
- Sharpe
- 2.47
- 3Y win
- +54%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Axis Floating Interest Rates Fund
Axis Mutual Fund
- 1Y
- +5.6%
- 3Y
- +8.2%
- Vol
- 1.8%
- Max DD
- -1.3%
- Sharpe
- 0.69
- 3Y win
- +99%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
BANDHAN FLOATING INTEREST RATES FUND
Bandhan Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.6%
- Vol
- 0.8%
- Max DD
- -0.7%
- Sharpe
- 0.88
- 3Y win
- +12%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
DSP Floating Interest Rates Fund
DSP Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.4%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 0.74
- 3Y win
- +82%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown