- Mutual Funds
- UTI Mutual Fund
- UTI Floater fund (Dividend Payout - Quarterly)
Formerly UTI Floater Reg Qt DP
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1178.1788
NAV (Apr 16)
Fund Returns
Last 1Y | 3.8% |
Last 3Y | 2.8% |
Last 5Y | 3.8% |
Last 10Y | NA |
Since Inception | 4.2% |
6 Month CAGR | 2% |
Scheme Information
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 | 0.85 |
Launched (6y ago) | Oct 30, 2018 |
AUM in Crores | 1488.672 |
ISIN | INF789F1ACP1 |
Lock-in | No Lock-in |
Benchmark | NIFTY Low Duration Debt Idx A-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 20000 |
Standard Deviation (3yr) | 1.2 |
Standard Deviation (5yr) | 1.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -2.105 |
Sharpe Ratio (5yr) | -0.905 |
YTM | 8.02 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Floater fund (Dividend Payout - Quarterly) | 8,02,178 | 69,566 | 3.8% | |
| 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
net current assets
9.8%182 Days Treasury Bill 29-08-2024
9.1%icici bank ltd.
7.9%hdfc bank ltd.
7.9%kotak mahindra bank ltd.
7.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
UTI Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.5% | 6.9% | ||
5.8% | 7.3% | ||
5.5% | 6.8% | ||
15.8% | 11.9% | ||
18.8% | 15.2% |
UTI Floater fund (D-Q) Review
UTI Floater fund (D-Q) is a Floater Debt fund and has delivered an annualised return of 4.2% over a period of 5 years. The fund was previously known as UTI Floater Reg Qt DP. The fund is managed by UTI Asset Management Co Ltd. The fund managers are Amandeep Chopra, Sudhir Agarwal.
Nav of UTI Floater fund (D-Q) as of 4/16/2024 is ₹1178.18 with the total AUM as of 4/18/2024 is ₹1488.672. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Floater fund (D-Q) 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 (D-Q) 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 ₹20000. Check your estimated returns on mutual funds by using sip calculator.
UTI Floater fund (D-Q) 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 (D-Q) is rated as a 1 fund in Debt and delivered 3.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Floater fund (D-Q).
Frequently Asked Questions
What is UTI Floater fund (D-Q)?
How to invest in UTI Floater fund (D-Q)?
You can invest in UTI Floater fund (D-Q) 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 (D-Q)?
The minimum sip amount for UTI Floater fund (D-Q) is ₹1000. You can invest in multiples of ₹20000.
Is UTI Floater fund (D-Q) good to invest in?
As per Scripbox experts, UTI Floater fund (D-Q) is a Not Recommended fund. You can investUTI Floater fund (D-Q) 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 (D-Q)?
The expense ratio of the UTI Floater fund (D-Q) is 0.85% for regular plan.