UTI Floater Fund Direct - Growth

Q: What are the returns of UTI Floater Fund?

The UTI Floater Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 6.95% since inception. UTI Floater Fund Returns 1-Year 3-Year 5-Year Since Inception 8.11% 7.08% 6.34% 6.95%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹1547.491+0.04% 1 day change	6.95% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹1547.491 as on Apr 23, 2025

This fund Category average

UTI Floater Fund overview

VRO rating	4
Expense ratio	0.45% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹1,385 Crs
Lock-in	No Lockin
Age	6 yrs 6 m since Oct 12, 2018
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP ₹2500 & Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

UTI Floater Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 08, 2025

Period	This fund	Category average
1 month	1.29%	1.73%
3 months	2.56%	3.11%
6 months	4.25%	4.89%
1 year	8.11%	9.73%
3 years	7.08%	7.81%
5 years	6.34%	7.13%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 72.04243643%

A1+ 15.30228018%

SOV 9.22247225%

Cash & Call Money 3.0900043%

Top Debt Holdings

Power Finance Corporation Ltd. 9.14%

Small Industries Devp. Bank of India Ltd. 9.06%

Indian Railway Finance Corporation Ltd. 9.04%

Kotak Mahindra Bank Ltd. 8.52%

Allocation by Instruments

Debenture 39.828267340000004%

Bonds 16.41476289%

Certificate of Deposit 15.275563850000001%

Non Convertible Debenture 7.278230560000001%

Other Holdings

Others 3.09%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
UTI Floater Fund	N.A.	₹1,385 Crs	6 yrs 6 m	0.45%
Franklin India Floating Rate Fund	N.A.	₹314 Crs	12 yrs 3 m	0.28%
HDFC Floating Rate Debt Fund	N.A.	₹14,724 Crs	12 yrs 3 m	0.26%
Aditya Birla Sun Life Floating Rate Fund	N.A.	₹13,275 Crs	12 yrs 3 m	0.22%
ICICI Prudential Floating Interest Fund	N.A.	₹6,964 Crs	12 yrs 3 m	0.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
UTI Floater Fund	1.29%	4.25%	8.11%	7.08%	6.34%	N.A.
Franklin India Floating Rate Fund	2.19%	5.39%	10.24%	8.3%	7.01%	7.05%
HDFC Floating Rate Debt Fund	1.49%	4.63%	9.21%	7.83%	7.22%	7.64%
Aditya Birla Sun Life Floating Rate Fund	1.3%	4.37%	8.62%	7.5%	6.86%	7.63%
ICICI Prudential Floating Interest Fund	1.39%	4.44%	9.03%	8.21%	7.64%	8.03%

Fund name	Std. deviation	Beta	Sharpe	Sortino
UTI Floater Fund	0.56	1.19	0.8	0.91
Franklin India Floating Rate Fund	0.74	1.42	1.84	2.15
HDFC Floating Rate Debt Fund	0.76	1.3	1.42	1.35
Aditya Birla Sun Life Floating Rate Fund	0.59	1.22	1.47	1.55
ICICI Prudential Floating Interest Fund	1.12	1.08	1.3	1.6

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.92 vs. 4.1 Underperformed at beating benchmark
Sharpe	0.8 vs. 4.82 Poor risk-adjusted returns
Beta	1.19 vs. 1.4 Less sensitive to market ups & downs
Standard deviation	0.56 vs. 0.93 More stable returns

Compare UTI Floater Fund in detail with

About this fund

About UTI Floater Fund

UTI Floater Fund Direct - Growth is a Floater mutual fund scheme from Uti Mutual Fund. This fund has been in existence for 6 yrs 6 m, having been launched on 12/10/2018. UTI Floater Fund Direct - Growth has ₹1,385 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of UTI Floater Fund Direct - Growth as of 23/04/2025 is ₹1547.49. The fund has an expense ratio of 0.45%, which is higher than what most other Floater funds charge.

UTI Floater Fund Direct - Growth returns of last 1-year are 8.13%. Since launch, it has delivered 6.96% average annual returns.
UTI Floater Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Power Finance Corporation Ltd., Small Industries Devp. Bank of India Ltd., Indian Railway Finance Corporation Ltd., Kotak Mahindra Bank Ltd., LIC Housing Finance Ltd..

...

Fund AUM	₹1,385 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Pankaj Pathak

Mr. Pankaj is a CFA (CFA Institute, USA) and PG Diploma in Banking & Finance (NIBM, Pune). Prior to joining UTI AMC, he has worked with Quantum Asset Management Company and Bank of Maharashtra in Treasury Department.

Investment objective

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.

UTI Mutual Fund details

No. of schemes	62 view all schemes
Total AUM	₹3,39,983 Crs as on Mar 31, 2025
Address	UTI Tower, Plot C-1, GN Block, Banrda Kurla Complex, Bandra (East) Mumbai, 400051
Phone	0263 2296993

More funds from UTI Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
UTI Dynamic Bond Fund	N.A.	₹447 Crs	11.44%	10.71%
UTI Medium to Long Duration Fund	N.A.	₹320 Crs	11.43%	10.5%
UTI Banking & PSU Fund	N.A.	₹785 Crs	9.09%	9.45%
UTI Gilt Fund with 10 year Constant Duration	N.A.	₹169 Crs	12.64%	N.A.
UTI Gilt Fund	N.A.	₹733 Crs	11.97%	8.26%
UTI Short Duration Fund	N.A.	₹2,566 Crs	9.42%	7.65%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of UTI Floater Fund?

The current Net Asset Value (NAV) of the UTI Floater Fund - Direct Growth plan is approximately ₹1547.491 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The UTI Floater Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 6.95% since inception.

UTI Floater Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.11%	7.08%	6.34%	6.95%

How much does this mutual fund charge as expense ratio?

The UTI Floater Fund - Direct Growth has an expense ratio of 0.45%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The UTI Floater Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,385 Crs crore as of Mar 31, 2025.

To whom does UTI Floater Fund lend to?

The top 3 debt holdings of UTI Floater Fund are as follows

Holding Name	Percentage of Portfolio
Power Finance Corporation Ltd.	9.14%
Small Industries Devp. Bank of India Ltd.	9.06%
Indian Railway Finance Corporation Ltd.	9.04%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The UTI Floater Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	72.04243643%
A1+	15.30228018%
SOV	9.22247225%

What is risk level of UTI Floater Fund?

This is a Floater fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in UTI Floater Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for UTI Floater Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in UTI Floater Fund is complete.

How can I redeem my investments in UTI Floater Fund?

Redeeming your investments in UTI Floater Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in UTI Floater Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Floater

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.