UTI Floater Fund - Growth - Regular Plan

₹1187.4982 0.03 %Nav, as on 05-05-2021
Previous Nav
₹ 1187.13
Net Change on 05-05-2021
₹0.37
PersonalFN Rating
Unrated
Category
Debt - Floater Fund
Assets (Cr.)
₹ 2,628.57
Expense Ratio
1.3%
(As on Apr 30, 2021)

Fund Overview Growth | Regular Plan

Fund House
UTI Mutual Fund
Launch Date
30-Oct-2018
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
500
Minimum Addl Investment (₹)
500
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
1120.99
52 Week Low Nav Date
05-May-2020
52 Week High Nav (₹)
1187.50
52 Week High Nav Date
05-May-2021

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Ultra Short Term Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Fund Holdings as on 30-April-2021

Company % Assets
NET CURRENT ASSETS
10.86
GSEC RESERVE BANK OF INDIAMATURING 15/06/2025
7.56
T BILL RESERVE BANK OF INDIAMATURING 22/07/2021
7.55
NCD FOOD CORPORATION OF INDIA
3.99
NCD REC LTD
3.84
GSEC RESERVE BANK OF INDIAMATURING 07/12/2031
3.83
NCD HDFC LTD.
3.81
T BILL RESERVE BANK OF INDIAMATURING 07/05/2021
3.80
T BILL RESERVE BANK OF INDIAMATURING 17/02/2022
3.70
C P SUN PHARMACEUTICALS INDUSTRIES LTD.
3.41
GSEC RESERVE BANK OF INDIAMATURING 04/11/2024
2.95
C D NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
2.83
GSEC RESERVE BANK OF INDIAMATURING 11/06/2022
1.99
GSEC RESERVE BANK OF INDIAMATURING 14/05/2022
1.99
NCD NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
1.95
NCD INDIA GRID TRUST
1.92
NCD INDIAN OIL CORPORATION LTD.
1.92
NCD NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
1.91
NCD REC LTD
1.89
C P POWER FINANCE CORPORATION LTD.
1.89
GSEC RESERVE BANK OF INDIAMATURING 09/11/2025
1.88
NCD CHENNAI PETROLEUM CORP LTD
1.87
C P TATA MOTORS FINANCE LTD.
1.87
C P CANFIN HOMES LTD.
1.85
C P HERO FINCORP LTD.
1.84
NCD HDFC LTD.
1.76
C P NTPC LTD.
1.69
NCD HINDUSTAN PETROLEUM CORPORATION LTD.
1.52
NCD L & T FINANCE LTD.
1.36
NCD SIKKA PORTS & TERMINALS LTD.
1.19
NCD REC LTD
0.99
NCD RELIANCE INDUSTRIES LTD.
0.99
GSEC RESERVE BANK OF INDIAMATURING 15/02/2022
0.98
NCD RELIANCE INDUSTRIES LTD.
0.98
NCD NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
0.98
NCD AXIS FINANCE LTD
0.95
C P BAJAJ FINANCE LTD.
0.92
NCD SIKKA PORTS & TERMINALS LTD.
0.80
NCD L & T FINANCE LTD.
0.80
GSEC RESERVE BANK OF INDIAMATURING 31/03/2024
0.57
PTC FIRST BUSINESS RECEIVABLE TRUST
0.40
GSEC RESERVE BANK OF INDIAMATURING 25/11/2023
0.21

Sector Holding%
Miscellaneous
35.42

Fund Manager

Amandeep Singh Chopra

Education:BSc, MBA
Experience:21 Years
Basic Details:Mr. Chopra has been with UTI AMC since 1994 and has been responsible for increasing the asset value in some of the select funds. He has achieved CPR1 and CPR2 ranking for several funds as a Fund Manager. Three of his funds namely UTI Liquid Cash Plan, UTI liquid Cash Plan-Institutional and UTI Bond Fund has been awarded CNBC TV-18 Crisil Mutual Award. Presently, he is functioning as the Head of Fixed Income.
Funds Managed:
UTI Bond Fund
UTI CCF- Savings Plan
UTI Dynamic Bond Fund
UTI Floater Fund
UTI Floater Fund
UTI Gilt Fund
UTI Liquid Cash Plan
UTI Liquid Cash Plan
UTI Medium Term Fund
UTI Money Market Fund
UTI Money Market Fund
UTI Overnight Fund
UTI Regular Savings Fund
UTI-Retirement Benefit Pension Fund
UTI-Unit Linked Insurance Plan

Sudhir Agarwal

Education:M.Com, MBA (Finanace), CFA
Experience:12 Years
Basic Details:Mr. Sudhir Agrawal is presently Fund Manager for UTI Treasury Advantage Fund, UTI Floating Rate Fund STP and UTI Short Term Income Fund.He has previously worked with CARE (Credit Analysis and Research Ltd.), Transparent Value LLC and Tata Asset Management Company Ltd in different roles.
Funds Managed:
UTI Banking & PSU Debt Fund
UTI Corporate Bond Fund
UTI Corporate Bond Fund
UTI Floater Fund
UTI Floater Fund
UTI Short Term Income Fund
UTI Short Term Income Fund
UTI Treasury Advantage Fund
UTI Treasury Advantage Fund
UTI Ultra Short Term Fund

Holding Type Holding %
Cash
10.86
CRISIL-A1+
9.75
CRISIL-AAA
29.52
CRISIL-AAA(CE)
3.99
FITCH-A1+
2.83
FITCH-AAA(SO)
0.40
ICRA-A1+
3.72
ICRA-AAA
1.91
SOV
37.01

About UTI Floater Fund

Scheme Analysis

UTI Floater Fund is a Debt - Floater Fund fund and belongs to UTI Mutual Fund. It was launched on 30-Oct-2018 and currently has an AUM of ₹2,628.57 crore. UTI Floater Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Ultra Short Term Debt Index as secondary index.

The NAV of UTI Floater Fund ended up ₹0.37(0.03%)yesterday to ₹1187.4982.

Among its top 3 holdings the fund has exposure to NET CURRENT ASSETS, and

The UTI Floater Fund is managed by Amandeep Singh Chopra and Sudhir Agarwal.

Fund House Contact

Address:

UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051

Phone Number: +91 (22) 66786666

Email Address: service@uti.co.in

Fax Number: +91 (22) 66786503,56786578

Website: www.utimf.com

Financial Health Checkup

Money Simplified Videos

Infographics