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UTI Floater Fund

UTI Floater Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.53

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,420 today.

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NAV Performance

UTI Floater Fund performance graph for last 3 years
Performance of UTI Floater Fund for last 3 Years

Fund Information

  • ₹ 1,295.525

    as on 26 May 2023

  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,590 Cr.

    as on 30 Apr 2023

  • 0.85%

  • 30 Oct 2018

  • Debt - Floater Fund

  • CRISIL 10 Year Gilt Index

  • UTI Mutual Fund

    Show All Funds

Highlights of this fund

UTI Floater Fund is an Open-ended Debt Fund. The fund belongs to Floater Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 30 Oct 2018. This fund is offered by one of the top AMC (Assets Management Company) UTI Mutual Fund. You can also view here all other Debt funds offered by UTI Mutual Fund.

Latest NAV of the fund is ₹ 1,295.525 as on 26 May 2023.

This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.85%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 2,500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The fund aims to generate reasonable income and and reduce interest rate risk by investing in atleast 65% of the portfolio in floating rate instruments.

List of Fund Managers of UTI Floater Fund

  • About Sudhir Agrawal

    Picture of Sudhir AgrawalMr. Sudhir Agrawal joined UTI AMC in 2009 after 4 years of experience. He has previously worked with CARE (Credit Analysis and Research Ltd.), Transparent Value LLC and Tata Asset ManagementCompany Ltd in different roles.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.18% 0.70% 2.41% 3.80% 6.94% 5.10% 5.92% 7.10% 7.61% 7.61% 5.94% 5.54% 7.00% 7.00%
Category Average 0.16% 0.64% 2.14% 3.58% 6.48% 4.75% 5.42% 6.60% 7.09% 7.27% 5.53% 5.18% 6.14% 6.60%
UTI Floater Fund 0.16%₹ 10,015 0.68%₹ 10,067 2.05%₹ 10,204 3.51%₹ 10,351 5.97%₹ 10,597 6.82%₹ 12,435 4.36%₹ 10,891 5.17%₹ 25,300 4.53%₹ 11,420 4.67%₹ 38,646 - - - -
Kotak Floating Rate Fund 0.15%₹ 10,015 0.61%₹ 10,061 2.17%₹ 10,216 3.47%₹ 10,347 6.36%₹ 10,636 7.13%₹ 12,455 4.64%₹ 10,950 5.24%₹ 25,317 5.92%₹ 11,882 5.15%₹ 38,927 - - - -
ICICI Prudential Floating Interest Fund 0.18%₹ 10,018 0.66%₹ 10,066 2.03%₹ 10,203 3.41%₹ 10,340 6.94%₹ 10,694 7.61%₹ 12,485 4.92%₹ 11,008 5.67%₹ 25,425 5.80%₹ 11,841 5.35%₹ 39,043 6.66%₹ 13,810 6.06%₹ 69,918 7.38%₹ 20,399 6.79%₹ 1,70,134
HDFC Floating Rate Debt Fund 0.16%₹ 10,015 0.64%₹ 10,064 2.13%₹ 10,212 3.61%₹ 10,361 6.78%₹ 10,678 7.48%₹ 12,477 5.08%₹ 11,043 5.85%₹ 25,471 5.79%₹ 11,838 5.54%₹ 39,152 6.86%₹ 13,937 6.21%₹ 70,176 7.61%₹ 20,830 7.00%₹ 1,72,043
Nippon India Floating Rate Fund 0.15%₹ 10,015 0.70%₹ 10,069 2.41%₹ 10,241 3.77%₹ 10,376 6.45%₹ 10,645 7.42%₹ 12,473 4.66%₹ 10,954 5.49%₹ 25,380 5.66%₹ 11,794 5.21%₹ 38,960 7.10%₹ 14,099 6.29%₹ 70,331 7.37%₹ 20,369 6.95%₹ 1,71,537
Aditya Birla Sun Life Floating Rate Fund 0.17%₹ 10,016 0.63%₹ 10,063 2.19%₹ 10,218 3.80%₹ 10,379 6.67%₹ 10,667 7.44%₹ 12,474 5.10%₹ 11,047 5.94%₹ 25,493 5.47%₹ 11,731 5.48%₹ 39,118 6.79%₹ 13,893 7.00%₹ 1,71,990 - -

Portfolio Holdings

Portfolio holdings pattern of UTI Floater Fund as on 28 May 2023 are listed below:

  • Equity Holdings:

    0.00%

  • Debt Holdings:

    89.89%

  • Others Holdings:

    10.11%

Top Debt Instrument Type holdings of UTI Floater Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 47.81% ₹ 760.31 Cr.
CD 34.23% ₹ 544.60 Cr.
CP 4.43% ₹ 70.38 Cr.
T-Bills 2.49% ₹ 39.52 Cr.
GOI 0.93% ₹ 14.78 Cr.
Others 10.11% -

Top Debt Holdings of UTI Floater Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Power Finance Corporation Ltd. 9.47% ₹ 150.63 Cr.
Bond - National Housing Bank 9.46% ₹ 150.43 Cr.
Bond - Kotak Mahindra Bank Ltd. 8.97% ₹ 142.72 Cr.
Bond - Small Industries Development Bank Of India 8.87% ₹ 141.12 Cr.
Bond - Rural Electrification Corporation Limited 7.91% ₹ 125.74 Cr.
Others 55.32%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 10.07%
Margin 0.04%