UTI Floater Fund - Direct Plan
Value Research Rating
Our Opinion
Riskometer
Low to Moderate
₹1,645.1327 -0.04%
As on 20-May-2026
Returns
Risk
This fund has Low to Moderate risk.
As per SEBI's Riskometer.
Portfolio of UTI Floater Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
UTI Floater Fund - Direct Plan
|
|
|
Low to Moderate
|
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0.43 |
|
 |
|
Low to Moderate
|
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0.26 |
||
|
|
Moderate
|
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0.30 |
||
|
|
Moderate
|
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0.23 |
||
|
|
Moderate
|
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0.31 |
Other details of UTI Floater Fund - Direct Plan
Assets
₹1,521 Cr
Exit Load (Days)
--
Min. Investment (₹)
500
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
500
Min. No of Cheques
6
About UTI Floater Fund - Direct Plan
UTI Floater Fund - Direct Plan is a debt mutual fund scheme of UTI Mutual Fund. Launched on October 30, 2018, it is currently managed by Pankaj Pathak. The fund has an expense ratio of 0.43% with an overall AUM (Assets Under Management) of ₹1,521 Cr.
UTI Floater Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.
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.
Suitability
Floater funds are suitable for:
- Debt allocation in your long-term portfolio, though Short Duration funds are better
- Earning marginally higher returns than fixed deposits, with low volatility and flexibility to redeem anytime
- Investment horizon of 2-3 years
Note:
- These funds invest in bonds whose interest rate changes with the prevailing interest rates in the economy
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- 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 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on UTI Floater Fund - Direct Plan
UTI Mutual Fund merges its two schemes
1 min read•By News Desk
Benchmark revision for UTI Floater Fund
1 min read•By News Desk
FAQ for UTI Floater Fund - Direct Plan
How to Invest in UTI Floater Fund - Direct Plan?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of UTI Floater Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, UTI Floater Fund - Direct Plan can be bought from the UTI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of UTI Floater Fund - Direct Plan Today?
The latest declared NAV of UTI Floater Fund - Direct Plan, is ₹1,645.1327 as of 21-May-2026.
What are the top holdings of UTI Floater Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 04/10/2028 |
6.64
|
|
HDFC Bank Ltd CD 14/12/2026 |
6.30
|
|
Kotak Mahindra Bank Ltd CD 24/09/2026 |
4.80
|
|
Summit Digitel Infrastructure Pvt. Ltd Debenture 8.06 29/01/2029 |
3.32
|
|
National Housing Bank NCD 7.59 08/09/2027 |
3.30
|
What is the return of UTI Floater Fund - Direct Plan in the last 5 years?
Over the past five years, UTI Floater Fund - Direct Plan has delivered an annualised return of 6.18% as of 21-May-2026.
What is the minimum investment required in UTI Floater Fund - Direct Plan?
The minimum investment required to start investing in UTI Floater Fund - Direct Plan is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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