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  • UTI Floater fund (Growth)
UTI Mutual Fund

UTI Floater fund (Growth)

DebtFloater

1389.1564

NAV (Jun 21)

5.2%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in floater mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1389.1564

NAV (Jun 21)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.2%
Last 5Y
5.7%
Last 10Y
NA
Since Inception
6%
6 Month CAGR
3.5%

Scheme Information

Investment Objective

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.

Expense Ratio
0.84
Launched (6y ago)
Oct 30, 2018
AUM in Crores
1392.221
ISIN
INF789F1ACO4
Lock-in
No Lock-in
Benchmark
NIFTY Low Duration Debt Idx A-I TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.7
Standard Deviation (5yr)
1
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.955
Sharpe Ratio (5yr)
0.541
YTM
7.42
Fund Managers

Sudhir Agarwal

Fund Manager

Amandeep Chopra

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
UTI Floater fund (Growth)70%8,40,245 1,07,6335.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-21

Top Debt Holdings

net current assets

10.7%
10.7%

kotak mahindra bank ltd.

8.5%
8.5%

icici bank ltd.

8.5%
8.5%

canara bank

6.8%
6.8%

india (republic of)

5.6%
5.6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

UTI Asset Management Company Ltd

UTI Asset Management Co Ltd manages assets worth 230,536 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 74 equity,579 debt and 34 hybrid funds.amc-img
phone-img022-62278000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

6%

7.3%

15.2%

12.1%

5.7%

6.8%

18.6%

15.4%

UTI Floater fund (G) Review

UTI Floater fund (G) is a Floater Debt fund and has delivered an annualised return of 6% over a period of 5 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 6/21/2024 is ₹1389.16 with the total AUM as of 6/24/2024 is ₹1392.221. 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 NIFTY Low Duration Debt Idx A-I TR INR.

UTI Floater fund (G) is rated as a 1 fund in Debt and delivered 6.7% 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)?

UTI Floater fund (G) is a Floater Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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 Not Recommended 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.