Kotak Floating Interest Rates Fund vs Tata Floating Interest Rates Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Floating Interest Rates Fund and Tata Floating Interest Rates Fund are both Floater funds. In the 3 years to 30-10-2026, Kotak Floating Interest Rates Fund (Direct) returned 7.5% a year and Tata Floating Interest Rates Fund (Direct) returned 7.2% a year. Kotak Floating Interest Rates Fund charges 0.24% a year and Tata Floating Interest Rates Fund 0.31% (Direct plans). Their portfolios overlap 0.5%: they hold 1 of the same security.
Kotak Floating Interest Rates Fund
Floater
- 3 year return
- 7.5%
- Expense ratio
- 0.24%
- NAV
- ₹1,667.55
Tata Floating Interest Rates Fund
Floater
- 3 year return
- 7.2%
- Expense ratio
- 0.31%
- NAV
- ₹13.99
Which is better, Kotak Floating Interest Rates or Tata Floating Interest Rates? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Floating Interest Rates returned more over 5 years: 6.7% a year against 6.7%.
- Kotak Floating Interest Rates returned more over 3 years: 7.5% a year against 7.2%.
- Kotak Floating Interest Rates costs less: 0.24% a year against 0.31% (Direct plans).
- Kotak Floating Interest Rates swung less over 3 years: a standard deviation of 0.8% a year against 0.8%.
- Tata Floating Interest Rates fell less in its worst fall since 12-07-2021: −0.6% against −1.1%.
- Kotak Floating Interest Rates is the larger fund: ₹3,240 Cr against ₹114 Cr.
- Their portfolios overlap 0.5%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Floating Interest Rates Fund | Tata Floating Interest Rates Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Tata Mutual Fund |
| Category | Floater | Floater |
| AUM | ₹3,240 Cr (30-09-2026) | ₹114 Cr (30-09-2026) |
| NAV | ₹1,667.55 (Direct) | ₹13.99 (Direct) |
| Expense ratio (Direct) | 0.24% | 0.31% |
| Expense ratio (Regular) | 0.62% | 0.70% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | NIFTY Short Duration Debt Index A-II | CRISIL Short Duration Debt A-II Index |
| Launch date | 14-05-2019 | 07-07-2021 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Agrawal, Manu Sharma | Akhil Mittal |
| Exit load | Nil | NIL |
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Floating Interest Rates Fund (Direct) | −0.01% | +0.44% | +2.55% | +5.05% | +7.49% | +6.65% | -- |
| Tata Floating Interest Rates Fund (Direct) | +0.01% | +0.70% | +2.71% | +5.34% | +7.24% | +6.67% | -- |
| Floater average | −0.01% | +0.56% | +2.76% | +5.43% | +7.47% | +6.73% | -- |
Category average: the average of the 12 Floater funds, same plan type.
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Year-wise Returns
| Year | KotakKotak Floating Interest Rates | TataTata Floating Interest Rates |
|---|---|---|
| 2026to date | +3.97% | +4.30% |
| 2025 | +8.64% | +8.00% |
| 2024 | +8.63% | +8.25% |
| 2023 | +7.67% | +7.43% |
| 2022 | +3.89% | +4.92% |
| 2021 | +4.62% | -- |
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 558 of them, one for each trading day from 12-07-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Floating Interest Rates Fund (Direct)
Tata Floating Interest Rates Fund (Direct)
to
Sept 2024Feb 2022
to
Feb 2025Jun 2022
to
Jun 2025Nov 2022
to
Nov 2025Apr 2023
to
Apr 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Floating Interest Rates | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 8.0% | 6.1% | 8.4% |
| Tata Floating Interest Rates | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.4% | 7.6% | 6.1% | 8.0% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 12-07-2021. Past returns do not promise future returns.
Kotak Floating Interest Rates vs Tata Floating Interest Rates: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-07-2021 to 30-10-2026: 64 instalments, ₹6,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Floating Interest RatesKotak Floating Interest Rates Fund (Direct) | ₹6,40,000 | ₹7,72,764 | ₹1,32,764 | 7.0% |
| Tata Floating Interest RatesTata Floating Interest Rates Fund (Direct) | ₹6,40,000 | ₹7,70,177 | ₹1,30,177 | 6.9% |
Kotak Floating Interest RatesKotak Floating Interest Rates Fund (Direct)
Tata Floating Interest RatesTata Floating Interest Rates Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Floating Interest Rates Fund (Direct) | Tata Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.05% | +5.34% |
| Standard deviation | 0.99% | 0.80% |
| Sharpe ratio | -0.20 | 0.12 |
| Sortino ratio | -0.27 | 0.17 |
| Maximum drawdown | −0.5% (21-05-2026) | −0.3% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Floating Interest Rates Fund (Direct) | Tata Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.49% | +7.24% |
| Standard deviation | 0.77% | 0.80% |
| Sharpe ratio | 1.91 | 1.52 |
| Sortino ratio | 2.98 | 2.42 |
| Maximum drawdown | −0.5% (21-05-2026) | −0.5% (26-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Floating Interest Rates Fund (Direct) | Tata Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.65% | +6.67% |
| Standard deviation | 0.87% | 0.75% |
| Sharpe ratio | 0.98 | 1.15 |
| Sortino ratio | 1.32 | 1.73 |
| Maximum drawdown | −1.1% (06-05-2022) | −0.6% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Floating Interest Rates Fund (Direct) | Tata Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.09% | +6.53% |
| Standard deviation | 1.37% | 0.74% |
| Sharpe ratio | 1.41 | 1.20 |
| Sortino ratio | 2.35 | 1.80 |
| Maximum drawdown | −2.0% (26-03-2020) | −0.6% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-05-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Floating Interest Rates Fund (Direct)
Tata Floating Interest Rates Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Floating Interest Rates Fund (Direct) | −1.1% | 05-04-2022 | 06-05-2022 | 26-07-2022 | 3 months | −0.1% |
| Tata Floating Interest Rates Fund (Direct) | −0.6% | 02-05-2022 | 06-05-2022 | 24-05-2022 | 18 days | −0.1% |
From daily values since 12-07-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Floating Interest Rates Fund (Direct)
Tata Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Floating Interest Rates Fund (Direct)
Tata Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Floating Interest Rates Fund (Direct)
Tata Floating Interest Rates Fund (Direct)
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Floating Interest Rates Fund, September 2026; Tata Floating Interest Rates Fund, September 2026
Holdings in common
- Overlap
- 0.5%
- Held by both
- 1
- Only in Kotak Floating Interest Rates
- 41
- Only in Tata Floating Interest Rates
- 17
| Security | % of Kotak Floating Interest Rates | % of Tata Floating Interest Rates |
|---|---|---|
| SBI ALTERNATIVE INVESTMENT FUND | 0.49% | 0.73% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.5% means 0.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Floating Interest Rates Fund
| Security | % of fund |
|---|---|
| Power Finance Corporation Ltd.(^) | 6.11% |
| Karnataka State Govt - 2032 - Karnataka(^) | 5.91% |
| Tamil Nadu State Govt - 2033 - Tamil Nadu(^) | 5.55% |
| REC LTD(^) | 5.35% |
| PIPELINE INFRASTRUCTURE LIMITED(^) | 5.11% |
Largest holdings only in Tata Floating Interest Rates Fund
| Security | % of fund |
|---|---|
| SGS ANDHRA PRADESH 7.70% (06/12/2029) | 8.82% |
| ** 07.59 % NATIONAL HOUSING BANK - 08/09/2027 | 8.74% |
| ** 07.35 % EXIM - 27/07/2028 | 8.70% |
| ** 07.53 % POONAWALLA FINCORP LTD - 24/09/2027 | 8.68% |
| ** 06.47 % INDIAN RAILWAYS FINANCE CORPORATION LTD - 30/05/2028 | 8.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Floating Interest Rates | Tata Floating Interest Rates |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.0% | 91.4% |
| Cash and others | 4.0% | 8.6% |
Kotak Floating Interest Rates vs Tata Floating Interest Rates: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Floating Interest Rates Fund | Tata Floating Interest Rates Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.24% | 0.31% |
| Base expense ratio (Direct) | 0.21% | 0.26% |
| Total expense ratio (Regular) | 0.62% | 0.70% |
| Base expense ratio (Regular) | 0.52% | 0.62% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Kotak Floating Interest Rates with
Compare Tata Floating Interest Rates with
Kotak Floating Interest Rates Fund vs Tata Floating Interest Rates Fund: Frequently Asked Questions
What is the difference between Kotak Floating Interest Rates Fund and Tata Floating Interest Rates Fund?
Both are Floater funds, run by Kotak Mahindra Mutual Fund and Tata Mutual Fund. Their portfolios overlap 0.5%. Kotak Floating Interest Rates Fund charges 0.24% a year and Tata Floating Interest Rates Fund 0.31%.
Which has given higher returns, Kotak Floating Interest Rates Fund or Tata Floating Interest Rates Fund?
Over 1 year: Kotak Floating Interest Rates Fund +5.05%, Tata Floating Interest Rates Fund +5.34%. Over 3 years: Kotak Floating Interest Rates Fund +7.49% a year, Tata Floating Interest Rates Fund +7.24% a year. Over 5 years: Kotak Floating Interest Rates Fund +6.65% a year, Tata Floating Interest Rates Fund +6.67% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Floating Interest Rates Fund or Tata Floating Interest Rates Fund?
Kotak Floating Interest Rates Fund charges less: 0.24% a year against 0.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Floating Interest Rates Fund and Tata Floating Interest Rates Fund overlap?
0.5%. They hold 1 of the same securities, the largest shared ones being SBI ALTERNATIVE INVESTMENT FUND. From each fund's latest monthly portfolio.
Which is riskier, Kotak Floating Interest Rates Fund or Tata Floating Interest Rates Fund?
On SEBI's riskometer, Kotak Floating Interest Rates Fund is rated Moderate and Tata Floating Interest Rates Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 0.77% and 0.80% a year.
Which is better for SIP, Kotak Floating Interest Rates Fund or Tata Floating Interest Rates Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,30,817 in Kotak Floating Interest Rates Fund (XIRR 7.1% a year) and ₹7,28,348 in Tata Floating Interest Rates Fund (XIRR 6.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Floating Interest Rates Fund and Tata Floating Interest Rates Fund?
Yes. 0.5% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Kotak Floating Interest Rates Fund and Tata Floating Interest Rates Fund?
Kotak Floating Interest Rates Fund: Deepak Agrawal, Manu Sharma. Tata Floating Interest Rates Fund: Akhil Mittal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.