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Objective : Tata Floating Rate Fund seeks to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments.
Structure : Open-ended Debt Fund
Inception Date : December 12, 2003
Plans and Options under the Plan :
Short Term Option, Long Term Option, Institution Plan
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
For Long term and Short Term Rs 10, 000/-. For Institutional Plan Rs 1 crore.
Entry Load : Nil.
Exit Load : Nil.
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