DEBT•FLOATER FUND
UTI Floating Interest Rates Fund
3 Year return
7.13%
NAV on August 31, 2026
1679.7178
1D Returns
-0.1%
Launched on October 2018(8 years)
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
11.78%₹424
Total Value ₹4,024
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹1,519.48 Cr.
Expense Ratio
0.44% (inclusive of GST)
Exit Load
Nil
Ratings
0.5
Ratings by other agencies
Value Research
3
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
UTI Mutual Fund Manager
PP
Pankaj Pathak
Fund Manager since Nov 2025
SA
Sudhir Agrawal
Fund Manager since Jul 2025
Fund House Details
UTI Mutual Fund
Asset management company
AUM
₹3,94,847.58 Cr.
No. of Schemes
262
Setup Date
January 2003
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Axis Floating Interest Rates Fund | 8.4341% | 0 |
| Franklin India Floating Interest Rates Fund | 8.1607% | 1.5 |
| ICICI Prudential Floating Interest Rates Fund | 7.9106% | 4 |
Schemes by UTI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Debt . Gilt Fund with 10 year Constant duration
UTI 10 Year Constant Maturity Gilt Fund Direct Plan Annual Payout of IDCW7.1947%
Debt . Gilt Fund with 10 year Constant duration
UTI 10 Year Constant Maturity Gilt Fund Direct Plan Quarterly Payout of IDCW7.1944%
Debt . Gilt Fund with 10 year Constant duration
UTI 10 Year Constant Maturity Gilt Fund Direct Plan Growth7.1942%
Debt . Gilt Fund with 10 year Constant duration
UTI 10 Year Constant Maturity Gilt Fund Direct Plan Flexi Payout of IDCW7.1934%
Debt . Gilt Fund with 10 year Constant duration
UTI 10 Year Constant Maturity Gilt Fund Direct Plan Half Yearly Payout of IDCW0%
UTI Floater Fund Direct Plan Growth is a mutual fund scheme offered by UTI Mutual Fund. This fund falls under the category of debt funds, specifically a floater fund. UTI Mutual Fund is a reputable asset management company known for its diverse range of investment solutions.
Investment Objectives of the Scheme
The primary objective of UTI Floater Fund Direct Plan Growth is to generate income for investors by predominantly investing in floating rate debt securities and money market instruments. These securities have variable interest rates that adjust periodically based on market conditions, which can help the fund potentially benefit from changing interest rate scenarios.
Key Features of The Fund
5-year return
6.2896%
Expense Ratio
0.44%
Fund Manager
Pankaj Pathak
Fund Size
₹1519.48 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
UTI Floater Fund Direct Plan Growth is suitable for investors seeking a relatively stable income with the potential for better returns compared to traditional fixed deposits or other fixed-income instruments. This fund can be a good fit for individuals who are looking to diversify their investment portfolio, manage interest rate risks, and earn potentially higher yields than traditional fixed-income options.
Keep in mind that while UTI Floater Fund Direct Plan Growth aims for stability and income, like all investments, it's important to assess your risk tolerance and financial goals before making an investment decision. Consulting with a financial advisor can help you determine if this fund aligns with your investment needs and objectives.
AMC Contact Details
| Name | UTI Mutual Fund |
| Launch Date | January 2003 |
| Address | First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049. |
| Contact | 1800 266 1230(+91) 022 6227 8000022 – 68990800 |
| service@uti.co.in | |
| Website | https://www.utimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Start Investing Early with SIPs
SIPs make mutual fund investing accessible. With a small, fixed amount, you can begin your investment journey and benefit from the power of compounding over time. Use Angel One's SIP calculator to determine a comfortable investment amount to reach your financial goals.
FAQs
What is today's NAV of UTI Floating Interest Rates Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI Floating Interest Rates Fund on August 31, 2026, is ₹1679.7178
What is the AUM of UTI Floating Interest Rates Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI Floating Interest Rates Fund, is ₹1519.48 crore.
What is the expense ratio of UTI Floating Interest Rates Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of UTI Floating Interest Rates Fund is 0.44%
What are the returns of UTI Floating Interest Rates Fund since inception?
The UTI Floating Interest Rates Fund was launched on October 12, 2018. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in UTI Floating Interest Rates Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI Floating Interest Rates Fund is ₹500.
How do I invest in UTI Floating Interest Rates Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in UTI Floating Interest Rates Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in UTI Floating Interest Rates Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in UTI Floating Interest Rates Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,024 in 3Y at 7.1286% returns
SIP Date1st of every month
Your next SIP Payment will be on 1 October 2026
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