| Investment 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. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. |
|
| Inception Date |
30th October, 2018 |
| Fund Manager |
Mr. Sudhir Agarwal (MCom, PGDBA(Finance), CFA) Managing the scheme since Oct 2018 |
| Fund AUM |
Fund size monthly average : 1415.84 Crore Closing AUM : 1408.98 Crore |
| High/Low NAV in the month |
High Growth Option : 1352.1551 Low Growth Option : 1344.7779 |
Total expense ratio (%) |
Regular : 0.85 Direct : 0.35 |
Minimum Investment Amount |
Minimum initial investment under Growth option is Rs.500/- and in multiples of Re.1/-. & under IDCW option is Rs.20,000/- and in multiples of Re.1/- |
Plans/Options
(Regular /
Instituitional/
Direct) |
Growth Option Quarterly IDCW Option Half Yearly IDCW Option Annual IDCW Option Flexi IDCW Option both payout & reinvestment facilities |
| Portfolio Parameters | Weighted Average Maturity :1.75 Yrs Yield to Maturity* : 7.62% Modified Duration : 0.82 Yrs Macaulay Duration :0.86 Yrs *Annualized Portfolio YTM – Yields of all securities are annualized |
Load Structure |
Entry Load : Nil Exit Load : Nil |
NAV per unit as on 31st January, 2024 |
Regular Growth Option 1352.1551 Regular IDCW Option 1236.1099 Direct Growth Option 1406.1221 Direct IDCW Option 1324.6728 |
Benchmark Index |
CRISIL Low Duration Debt Index |
| SIP/SWP/STRIP |  |
| Fund Size | 1415.84 Crore (Monthly Average as on 31/1/2024) |
UTI Floater Fund |
||||||
Year |
IDCW |
Rs. Per unt |
NAV (Cum Div ) |
Face Value (per unit) |
NAV Date |
Record Date |
2020 |
1.00% |
10 |
1105.1390 |
1000.00 |
16-09-2020 |
23-09-2020 |
2020 |
1.00% |
10 |
1110.3125 |
1000.00 |
14-12-2020 |
21-12-2020 |
2021 |
0.05% |
5 |
1096.8314 |
1000.00 |
16-06-2021 |
23-06-2021 |
2021 |
1.00% |
10 |
1106.1437 |
1000.00 |
15-09-2021 |
22-09-2021 |
2021 |
0.50% |
5 |
1101.5639 |
1000.00 |
16-12-2021 |
23-12-2021 |
2022 |
2.00% |
20 |
1095.5515 |
1000.00 |
15-03-2022 |
22-03-2022 |
2022 |
0.25% |
2.50 |
1105.7468 |
1000.00 |
15-06-2022 |
22-06-2022 |
2022 |
0.75% |
7.50 |
1118.6223 |
1000.00 |
14-09-2022 |
22-06-2022 |
2022 |
0.75% |
7.50 |
1124.2392 |
1000.00 |
14-12-2022 |
21-12-2022 |
2023 |
0.75% |
7.50 |
1133.5853 |
1000.00 |
15-03-2023 |
21-03-2023 |
2023 |
0.80% |
8.00 |
1156.4248 |
1000.00 |
11-09-2023 |
15-09-2023 |
2023 |
0.80% |
8.00 |
1165.5339 |
1000.00 |
11-12-2023 |
15-12-2023 |
The scheme IDCW details under regular plan.
Disclaimer: Pursuant to payment of Dividend/Bonus, the Nav of the income distribution cum capital withdrawal options of the schemes would fall to the extent of payout and statutory levy (if applicable)
Portfolio |
% of Nav |
Rating |
| CP / CDs | ||
| Canara Bank | 8.83 |
CRISIL AAA/A1+ |
| HDFC Bank Ltd. | 7.07 |
CARE AAA/A1+ |
| Kotak Mahindra Bank Ltd. | 6.75 |
CRISIL AAA/A1+ |
| National Bank For Agriculture And Rural Development | 5.28 |
CRISIL AAA/A1+ |
| REC Ltd | 3.53 |
CRISIL AAA/A1+ |
| Small Industries Development Bank Of India | 3.51 |
CARE AAA/A1+ |
| FRBs | ||
| Axis Finance Ltd | 4.26 |
CRISIL AAA/A1+ |
| Tata Capital Ltd. | 4.25 |
CRISIL AAA/A1+ |
| Power Finance Corporation Ltd. | 3.54 |
CRISIL AAA/A1+ |
| Govt Securities | ||
| 7.06% GS MAT - 10/04/2028 | 12.43 |
SOV |
| 182 DAYS T BILL - 29/02/2024 | 7.06 |
SOV |
| 07.18% GSEC MAT -14/08/2033 | 3.56 |
SOV |
| NCDs | ||
| National Housing Bank | 8.87 |
CRISIL AAA/A1+ |
| Power Finance Corporation Ltd. | 5.67 |
CRISIL AAA/A1+ |
| REC Ltd | 3.55 |
CRISIL AAA/A1+ |
| India Grid Trust | 3.53 |
CRISIL AAA/A1+ |
| HDFC Bank Ltd. | 0.35 |
CRISIL AAA/A1+ |
| Corporate Debt Market Development Fund | ||
| Corporate Debt Market Devt Fund - A2 Units | 0.31 |
|
| Net Current assets | 7.66 |
|
Total |
100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000 |
||||||
| Period | NAV Growth (%) |
CRISIL Low Duration Debt Index (%) |
CRISIL 10 Year Gilt Index (%) |
NAV Growth () |
CRISIL Low Duration Debt Index () |
CRISIL 10 Year Gilt Index () |
| 1 Y | 6.94 |
7.60 |
8.25 |
10,694 |
10,760 |
10,825 |
| 3 Y | 4.78 |
5.73 |
3.39 |
11,504 |
11,819 |
11,052 |
| 5 Y | 5.90 |
6.51 |
5.98 |
13,321 |
13,710 |
13,372 |
| SI* | 5.91 |
6.68 |
6.51 |
13,524 |
14,049 |
13,932 |
Different plans have a different expense structure. The performance details provided herein are of regular plan.
The current fund manager is managing the scheme since October 2018.
*Compounded annualized Growth Rate.
For performance details of other Schemes managed by the Fund Manager, please refer the respective Scheme sheets as listed in Please click here in ‘Fund Manager Summary’.
Schemes Managed by Mr. Sudhir Agrawal. The above scheme is in existence for less than 5 years.Load is not taken into consideration for computation of performance
| Period | |||||||
|
Investment Amount ()
|
Value- Fund
() |
CRISIL Low Duration Debt Index
() |
CRISIL 10 Year
Gilt Index () |
Yield (%) Fund
|
Yield (%)
CRISIL Low Duration Debt Index |
Yield (%)
CRISIL 10 Year Gilt Index |
|
| 1 Y | 120,000 |
124,316 |
124,795 |
124,901 |
6.71 |
7.47 |
7.63 |
3 Y |
360,000 |
391,607 |
396,830 |
390,039 |
5.54 |
6.43 |
5.27 |
| 5 Y | 600,000 |
687,018 |
701,306 |
678,251 |
5.36 |
6.18 |
4.85 |
SI |
630,000 |
727,356 |
743,066 |
719,210 |
5.41 |
6.22 |
4.99 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.:
- To generate reasonable returns
- To invest predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
