UTI Floater Fund Direct Growth

UTI Floater Fund Direct Growth

Debt

UTI Mutual Fund

Floating Rate

Get the latest NAV of UTI Floater Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1563.68

NAV as on 30 May 2025

7.03%/per year

Since Inception

Absolute Gain%

▲▼

23 people have invested ₹ 29.5L in UTI Floater Fund Direct Growth in the last three months

Fund Performance

as on (30-May-25)

Period
This Fund
Floating Rate Index
1 Month
0.93%
0.85%
3 Months
2.96%
3.24%
6 Months
4.68%
4.87%
1 Year
8.48%
9.32%
3 Years
7.43%
7.85%
5 Years
6.29%
6.63%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
UTI Floater Fund
6/8
1,003Cr
0.45%
8.48%
7.43%
7.03%
HDFC Floating Rate Debt Fund Direct Growth
1/8
15,083Cr
0.26%
9.53%
8.23%
7.98%
Aditya Birla Sun Life Floating Rate Fund Direct Growth
2/8
13,516Cr
0.22%
8.83%
7.85%
8.04%
SBI Floating Rate Debt Fund Direct Growth
3/8
1,220Cr
0.26%
8.99%
7.94%
6.59%
See all

UTI Floater Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

UTI Floater Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 99.5%

AAA
100%
Debt allocation has gone down from 81.3% to 79%
Debt allocation has gone down from 81.3% to 79%
Cash allocation has gone up from 18.4% to 20.7%
Cash allocation has gone up from 18.4% to 20.7%

UTI Floater Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 99.5%

Corporate
49.6%
Government
27.5%
Cash Equivalent
22.8%

Top 2 Sectors in April were Corporate, Government

Apr'25

Corporate

63%

Government

32%

Mar'25

Corporate

63%

Government

34%

UTI Floater Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.45%
Benchmark
CRISIL Short Duration Debt A-II TR INR
AUM₹1003 Cr
Inception Date30 October, 2018
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
157.12%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About UTI Floater Fund

UTI Floater Fund Direct Growth is a debt fund. This fund was started on 30 October, 2018. The fund is managed by Pankaj Pathak. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Floater Fund Direct Growth has ₹1003 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

UTI Floater Fund Direct Growth has given a CAGR return of 7.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.48%, 7.43% and 6.29% respectively.

Holdings

UTI Floater Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Power Finance Corporation Limited, Small Industries Development Bank Of India, 6.75% Govt Stock 2029, National Housing Bank, Rural Electrification Corporation Limited

Taxation

As it is a floating rate mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of UTI Floater Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Floater Fund Direct Growth has no lock in period.

Fund Manager

Pankaj Pathak

Fund Manager of UTI Floater Fund Direct Growth, since 8 April 2025

Learn more about UTI Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.4K Cr as of Apr'25
  • AUM increased by 9.7 Cr between Apr'25 and Mar'25

Frequently Asked Questions for UTI Floater Fund Direct Growth

How do I invest in UTI Floater Fund?

INDmoney makes it simple to invest in the UTI Floater Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘UTI Floater Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of UTI Floater Fund?

The NAV of the fund today is ₹1563.68. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

UTI Floater Fund fund has generated a return of 8.48% in 1 year, 7.43% in 3 years, 6.29% in 5 years.

Who is the fund manager of UTI Floater Fund?

The fund managers are Pankaj Pathak.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.45%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1003 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of UTI Floater Fund?

The top 3 holdings of the fund are Power Finance Corporation Limited(7.62%), Small Industries Development Bank Of India(7.51%), 6.75% Govt Stock 2029(5.14%)