UTI Floater Fund - Growth - Regular Plan

₹1158.9105 0.02 %Nav, as on 25-09-2020
Previous Nav
₹ 1158.71
Net Change on 25-09-2020
₹0.2
PersonalFN Rating
Unrated
Category
Debt - Floater Fund
Assets (Cr.)
₹ 1,920.92
Expense Ratio
1.29%
(As on Aug 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
UTI Mutual Fund
Launch Date
30-Oct-2018
Benchmark
CRISIL Ultra Short Term Debt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
2,500
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
1076.30
52 Week Low Nav Date
24-Sep-2019
52 Week High Nav (₹)
1158.71
52 Week High Nav Date
24-Sep-2020

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 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

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004		10.50	7.88	8.07	0.57	12,158.19
HDFC Floating Rate Debt Fund - Wholesale Growth Option	Oct 23, 2007		8.76	7.92	8.07	0.48	10,681.20
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		9.20	7.63	7.91	1.31	8,837.02
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		8.77	8.05	8.30	0.36	6,886.11
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	Unrated	6.52	6.72	6.46	0.95	174.38

Fund Holdings as on 31-August-2020

Company % Assets
GSEC RESERVE BANK OF INDIAMATURING 20/05/2023
8.29
T BILL RESERVE BANK OF INDIAMATURING 03/09/2020
5.20
C P SUN PHARMACEUTICALS INDUSTRIES LTD.
4.54
T BILL RESERVE BANK OF INDIAMATURING 24/12/2020
4.38
GSEC RESERVE BANK OF INDIAMATURING 15/12/2023
4.22
GSEC RESERVE BANK OF INDIAMATURING 15/06/2025
3.86
C D NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
3.77
NCD POWER FINANCE CORPORATION LTD.
3.76
GSEC RESERVE BANK OF INDIAMATURING 14/03/2021
3.72
T BILL RESERVE BANK OF INDIAMATURING 31/12/2020
3.35
GSEC RESERVE BANK OF INDIAMATURING 03/08/2030
3.30
NCD SIKKA PORTS & TERMINALS LTD.
3.22
C P EXIM BANK
3.07
GSEC RESERVE BANK OF INDIAMATURING 16/04/2023
2.77
NCD HDFC LTD.
2.74
NCD NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
2.70
NCD HDFC LTD.
2.68
GSEC RESERVE BANK OF INDIAMATURING 14/03/2021
2.66
NCD INDIAN OIL CORPORATION LTD.
2.62
NCD CITICORP FINANCE INDIA LTD.
2.61
T BILL RESERVE BANK OF INDIAMATURING 29/10/2020
2.59
C D AXIS BANK LTD.
2.59
NCD CHENNAI PETROLEUM CORP LTD
2.58
C D ICICI BANK LTD
2.57
C P POWER FINANCE CORPORATION LTD.
2.51
NCD L & T INFRASTRUCTURE FINANCE COMPANY LIMITED
1.83
NCD NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
1.38
NCD RELIANCE INDUSTRIES LTD.
1.37
NET CURRENT ASSETS
1.35
NCD REC LTD
1.34
NCD PUNJAB NATIONAL BANK
1.30
C P HERO FINCORP LTD.
1.28
NCD SIKKA PORTS & TERMINALS LTD.
1.08
NCD L & T HOUSING FINANCELTD.
1.07
PTC FIRST BUSINESS RECEIVABLE TRUST
0.53
PTC FIRST BUSINESS RECEIVABLE TRUST
0.47
PTC FIRST BUSINESS RECEIVABLE TRUST
0.46
NCD POWER FINANCE CORPORATION LTD.
0.26

Sector Holding%
Miscellaneous
32.54

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
1.35
CRISIL-A1+
13.99
CRISIL-AAA
31.24
FITCH-A1+
3.77
FITCH-AA+
1.30
FITCH-AAA(SO)
1.46
ICRA-A1+
2.57
Sov
44.34

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 ₹1,920.92 crore. UTI Floater Fund is benchmarked against CRISIL Ultra Short Term Debt Index as primary index.

The NAV of UTI Floater Fund ended up ₹0.2(0.02%)yesterday to ₹1158.9105.

Among its top 3 holdings the fund has exposure to GSEC RESERVE BANK OF INDIAMATURING 20/05/2023, 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

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