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UTI Floater Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Floater Fund category.

The NAV for UTI Floater Fund Fund is 1,429.044 as of 22 Nov 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.64% annualized return for the last 3 years.

At present UTI Floater Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of UTI Floater Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

39,760

3,760

6.54%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of UTI Floater Fund is 1,408.98 Cr.

  • UTI Floater Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.85%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • UTI Floater Fund is an Debt oriented mutual fund in the - Floater Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for UTI Floater Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 10 Oct 2018 as at present it is 6 years old fund.

  • Name of the AMC is UTI Mutual Funds. Click here to know more about UTI Mutual Funds.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. UTI Floater Fund managed by following fund manager(s);

How does the Return Comparison of the UTI Floater Fund fare against peer funds in the Floater fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by UTI Floater Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Floater fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.66% 1.53% 6.24% 6.24% 7.99% 5.60% 5.73% 7.27% 7.64%
Category Average 0.47% 1.12% 5.26% 5.26% 6.91% 5.14% 5.28% 6.74% 7.25%
UTI Floater Fund 0.11% 0.51% 1.69% 3.39% 7.06% 6.88% 5.64% 5.56% -
HDFC Floating Rate Debt Fund 0.10% 0.66% 1.91% 4.27% 8.41% 7.93% 6.65% 6.73% 7.43%
Axis Floater Fund 0.03% -0.15% 1.28% 4.19% 9.30% 7.90% 6.63% - -
Aditya Birla Sun Life Floating Rate Fund 0.12% 0.63% 1.98% 3.96% 8.02% 7.69% 6.56% 6.43% 7.39%
Aditya Birla Sun Life Floating Rate Fund 0.12% 0.63% 1.98% 3.96% 8.02% 7.69% 6.56% 6.43% 7.39%
SBI Floating Rate Debt Fund 0.06% 0.50% 1.70% 4.07% 8.23% - - - -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of UTI Floater Fund are shown below;

Equity -

Debt 92.10%

Others 7.91%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100 12.43%
NATIONAL HOUSING BANK 7.79 BD 9MR26 FVRS1LAC 8.87%
GOVERNMENT OF INDIA 33359 182 DAYS TBILL 29FB24 FV RS 100 7.06%
POWER FINANCE CORPORATION LTD. SR 223 7.64 BD 22FB33 FVRS1LAC 5.67%
AXIS FINANCE LIMITED SR 02 BR NCD 24MY24 FVRS10LAC 4.26%
Others 61.71%
Click here to know More

Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 15.99%
BOND 21.63%
TREASURY BILLS 7.06%
DEBENTURE 12.39%
CERTIFICATE OF DEPOSIT 15.86%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low to Moderate risk