- Mutual Funds
- UTI Mutual Fund
- UTI Floater Fund (G)
Floater funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.
This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1408.741
NAV (Sep 6)
Fund Returns
Last 1Y | 6.8% |
Last 3Y | 5.3% |
Last 5Y | 5.5% |
Last 10Y | NA |
Since Inception | 6% |
6 Month CAGR | 3.4% |
Scheme Information
The scheme seeks to generate reasonable returns and reduce interest rate risk by investing in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments.
Expense Ratio | 0.84 |
Launched (0y ago) | 0.84 |
AUM in Crores | 1361.8 |
ISIN | INF789F1ACO4 |
Lock-in | |
Benchmark | NIFTY Low Duration Debt Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | |
Standard Deviation | 0.7 |
Beta | 1.3 |
Sharpe Ratio | -0.5 |
YTM |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Floater Fund (G) | 8,36,970 | 1,04,358 | 5.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
ICICI Bank Ltd.
8.8%Kotak Mahindra Bank Ltd.
8.7%Canara Bank
7%Reserve Bank of India
5.8%Others
5.6%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,457 cr | ||
₹ 9,577 cr | ||
₹ 8,093 cr | ||
₹ 15,209 cr | ||
₹ 4,566 cr |
About the AMC
UTI Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.246% | 7.257% | ||
5.924% | 6.801% | ||
5.979% | 6.856% | ||
18.128% | 15.377% | ||
22.928% | 14.261% |
UTI Floater Fund (G) Review
UTI Floater Fund (G) is a Debt Debt fund and has delivered an annualised return of 6.025% over a period of 5 years. The fund is managed by UTI Mutual Fund. The fund manager’s name is [object Object].
Nav of UTI Floater Fund (G) as of 9/6/2024 is ₹1408.74 with the total AUM as of 9/7/2024 is ₹1361.8068. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Floater Fund (G) was launched on 2018-10-30. The category risk of the fund is Below Average.
The minimum SIP amount for UTI Floater Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
UTI Floater Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Low Duration Debt Index A-I.
UTI Floater Fund (G) is rated as a 1 fund in Debt and delivered 6.847% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Floater Fund (G).
Frequently Asked Questions
What is UTI Floater Fund (G)?
How to invest in UTI Floater Fund (G)?
You can invest in UTI Floater Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of UTI Floater Fund (G)?
The minimum sip amount for UTI Floater Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is UTI Floater Fund (G) good to invest in?
As per Scripbox experts, UTI Floater Fund (G) is a 1 fund. You can investUTI Floater Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the UTI Floater Fund (G)?
The expense ratio of the UTI Floater Fund (G) is 0.84% for regular plan.