However, Scripbox does not recommend investing in floater mutual funds.
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.
4 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
2,283 Cr. Medium within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Want the floating rate funds that are right for your short term investment needs?
NAV (Jun 27)
6 Month CAGR
The investment objective of the scheme is 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. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Launched (4y ago)
Oct 30, 2018
AUM in Crores
Crisil Low Duration Debt Index TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
182 Days Treasury Bill 08-12-202213.1%
net current assets9.6%
182 Days Treasury Bill 10-11-20227.5%
182 Days Treasury Bill 03-11-20226.2%
hdfc bank limited5.2%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 44,308 cr
₹ 14,441 cr
₹ 18,739 cr
₹ 12,059 cr
₹ 44,308 cr
UTI Asset Management Company Ltd
UTI Asset Management Co Ltd manages assets worth 181,279 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 60 equity,485 debt and 34 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
UTI Floater fund (G) is a Floater Debt fund and has delivered an annualised return of 5.7% over a period of 3 years. The fund is managed by UTI Asset Management Co Ltd. The fund managers are Amandeep Chopra, Sudhir Agarwal.
Nav of UTI Floater fund (G) as of 6/27/2022 is ₹1224.99 with the total AUM as of 6/28/2022 is ₹2282.191. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Floater fund (G) was launched on Oct 30, 2018. The category risk of the fund is Low to Moderate Risk.
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 Crisil Low Duration Debt Index TR INR.
UTI Floater fund (G) is rated as a 2 fund in Debt and delivered 2.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Floater fund (G).
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 Neutral 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.