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Floater Fund

About

An open-ended debt scheme predominantly investing in floating rate instruments(including fixed rate instruments converted to floating rate exposures using swaps/derivatives). Minimum investment in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/derivatives)shall be 65 percent
of total assets

Fund Type

Key Features

finance
Minimum 65% in Floating Rate Instruments
inflation
Dynamic Interest Reset Mechanism
small cap fund
Benefit in Rising Interest Rate Environment
small cap fund
Lower Interest Rate Sensitivity

Taxation

STCG

Holding Period ≤ 36 months, As per Income Tax slap

LTCG

Holding Period > 36 months, As per Income Tax slap

Dividends Tax

Dividends are added to your income, Taxed as per your slab rate. TDS applicable as per rules

Exemption Limit

Basic exemption limit adjustment allowed if total income is below threshold

Indexation

No Indexation

Allocation

SVG Icon

Floating rate instruments
65%
Corporate Bonds, Government Securities and Money Market Instruments
35%

Locked in Period

Nill

Exit Load

An exit load of 0 – 1% is generally applicable if units are redeemed within 7 days – 3 months. However, the exact structure may vary based on the specific scheme

Risk Associated

Riskometer Low To Moderate

Find the funds

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing. Past performance is not indicative of future performance.