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Unrated

UTI Floater Fund - Regular Plan


Debt: Floater

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.96 0.02 0.08 0.46 1.12 6.13 7.65 -- -- -- --
CCIL T Bill Liquidity Weight 2.49 0.02 0.04 0.19 0.54 1.61 3.46 -- -- -- --
Debt: Floater 6.60 -0.01 0.12 0.54 1.80 6.74 8.65 -- -- -- --
Rank within category 6 1 6 6 7 6 6 -- -- -- --
Number of funds in category 7 7 7 7 7 7 7 5 5 5 5

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Floater Fund - Regular Plan
Unrated
Oct-18 7.65 -- -- 1.29 1,921
Nippon India Floating Rate Fund  | Invest Online
Unrated
Aug-04 10.52 7.86 8.07 0.57 12,158
HDFC Floating Rate Debt Fund  | Invest Online
Unrated
Oct-07 8.77 7.92 8.07 0.48 10,681
ICICI Prudential Floating Interest Fund  | Invest Now
Unrated
Nov-05 9.18 7.61 7.90 1.31 8,837
Aditya Birla Sun Life Floating Rate Fund  | Invest Online
Unrated
Mar-09 8.79 8.04 8.30 0.36 6,886

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.83 (24-Mar-2020 - 31-Mar-2020) -1.03 (12-Mar-2020 - 19-Mar-2020)
Month 2.94 (24-Mar-2020 - 23-Apr-2020) -1.17 (20-Feb-2020 - 23-Mar-2020)
Quarter 4.86 (24-Mar-2020 - 24-Jun-2020) -0.09 (24-Dec-2019 - 24-Mar-2020)
Year 9.18 (03-Jul-2019 - 02-Jul-2020) 5.70 (27-Mar-2019 - 26-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.97 0.31 -3.79 -6.90 -- --
Debt: Floater* 7.35 1.19 1.96 3.75 0.26 2.51
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 35 37 20 89
Modified Duration (yrs) 1.84 1.84 0.67 1.91
Average Maturity (yrs) 2.23 2.23 0.71 2.40
Yield to Maturity (%) 4.69 6.50 4.48 5.39
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 8.77 8.29
equal Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 6.55 5.20
new Sun Pharmaceutical Inds. 293-D 15/06/2021 Commercial Paper A1+ 0.00 - 4.54 4.54
equal Reserve Bank of India 182-D 24/12/2020 Treasury Bills SOV 0.00 - 4.58 4.38
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 11.63 4.22
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 3.86 3.86
equal National Bank Agr. Rur. Devp 27/07/2021 Certificate of Deposit A1+ 0.00 - 3.94 3.77
equal 7.75% Power Finance Corp. 2030 Non Convertible Debenture AAA 0.00 - 4.79 3.76
equal 7.64% Andhra Pradesh State 14/03/2021 State Development Loan SOV 0.00 - 3.91 3.72
equal Reserve Bank of India 182-D 31/12/2020 Treasury Bills SOV 0.00 - 3.50 3.35
down 5.77% GOI 2030 GOI Securities SOV 0.00 - 5.46 3.30
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 3.39 3.22
equal Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 3.21 3.07
new 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 2.77 2.77
new 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 2.74 2.74
new 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 2.70 2.70
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 3.61 2.68
equal 7.62% Odisha State State Development Loan SOV 0.00 - 2.79 2.66
new 5.05% Indian Oil Corp. 25/11/2022 Debenture AAA 0.00 - 2.62 2.62
equal 5.20% Citicorp Finance 30/12/2021 Non Convertible Debenture AAA 0.00 - 3.29 2.61
equal Axis Bank 17/11/2020 Certificate of Deposit A1+ 0.00 - 4.34 2.59
new Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 2.59 2.59
equal 5.78% Chennai Petroleum Corp. 17/07/2025 Non Convertible Debenture AAA 0.00 - 2.73 2.58
new ICICI Bank 25/01/2021 Certificate of Deposit A1+ 0.00 - 2.57 2.57
new Power Finance Corp. 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 2.51 2.51

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— Amandeep Singh Chopra since 12-Oct-2018

Education: Mr. Chopra is a B.Sc. from St.Stephen's College and an MBA from FMS, Delhi.

Experience: He has been with associated with UTI AMC for over two decades.

Interviews:

Funds Managed:

— Sudhir Agrawal since 12-Oct-2018

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:


0.02%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 1,158.9105

Flexi Dividend: ₹ 1,127.5878

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Dividend Yearly: ₹ 1,158.9184

Dividend Quarterly: ₹ 1,096.3939

Dividend Half Yearly: ₹ 1,086.3802


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 30-Oct-2018
Return Since Launch: 8.04%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 1,921 Cr (As on 31-Aug-2020)
Expense: 1.29% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly23-Sep-202020.0000

 26-Mar-202028.8129
 25-Sep-20197.2032
Dividend Quarterly23-Sep-202010.0000

 24-Jun-202010.0000
 26-Mar-20207.2032
 26-Dec-201914.4064
 25-Sep-20197.2032
Flexi Dividend24-Mar-202021.6097

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

VR Helpline

What to do with your multi-cap funds

dateSaturday, 26-Sep-2020
time12:30 PM - 01:00 PM

Registration Over