UTI FLOATER FUND

Floater Fund | An open ended debt scheme predominantly investing in floating rate instruments Data as on 31 October 2021

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. Amandeep S. Chopra (B.Sc., MBA [FMS Delhi]) Managing the scheme since October-2018
Mr. Sudhir Agrawal [MCom, PGDBA (Finance),CFA]
Fund AUM
Fund size monthly average : 3113.05 Crore
Closing AUM : 3161.12 Crore
High/Low NAV in the month
High Growth Option : 1210.8913
Low Growth Option : 1208.6505
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
No. of Unit Holding Accounts 50,500
Portfolio Parameters Weighted Average Maturity : 3.01 yrs
Yield to Maturity : 4.26%
Modified Duration : 0.52 yrs
Macaulay Duration :0.55 yrs
Securitised Debt Average Maturity
First Business Recievable Trust :0.17 Yrs
PMAT : 3.01 yrs
PMD : 0.52 yrs
PYLD : 4.26%
PMCD : 0.55 yrs
Load Structure
Entry Load : Nil
Exit Load : Nil
NAV per unit as on 31st October, 2021
Regular Growth Option 1210.0640
Regular IDCW Option 1126.0610
Direct Growth Option 1244.2282
Direct IDCW Option 1191.9684
Benchmark Index
CRISIL Ultra Short Term Bond Index
SIP/SWP/STRIP Digital Factsheet - Checkbox Image
Fund Size 3113.05 Crore (Monthly Average as on 31/10/2021)
UTI Floater Fund
Year
IDCW 
Rs. Per unt
NAV (Cum Div )
Face Value (per unit)
NAV Date
Record Date
2019
2.00%
20
1082.1083
1000.00
19-12-2019
26-12-2019
2020
1.00%
10
1063.2251
1000.00
19-03-2020
26-03-2020
2020
1.00%
10
1098.1350
1000.00
17-06-2020
24-06-2020
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

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
Reliance Industries Ltd.
6.31
CRISIL A1+
HDFC Bank Ltd.
3.06
CARE A1+
EXIM Bank
1.57
CRISIL A1+
HDFC Ltd.
1.53
CRISIL A1+
Bajaj Finance Ltd.
0.78
CRISIL A1+
FRBs
Axis Finance Ltd
3.48
CRISIL AAA
Tata Cleantech Capital Ltd.
1.90
CRISIL AAA
Govt Securities
GOI FRB - MAT 22/09/2033
17.98
SOV
182 D TBILL MAT - 18/11/21
3.16
SOV
182 D TBILL MAT - 09/12/21
3.15
SOV
6.84% G S MAT - 19/12/2022
2.44
SOV
8.15% GSEC 11.06.2022
1.62
SOV
8.35% GOI 14/05/2022
1.62
SOV
FRB GOI 07.12.31
1.60
SOV
GOI FRB - MAT 30/10/2034
1.58
SOV
8.20% G SEC MATURING ON 15.02.2022
0.80
SOV
5.39% GUJARAT SDL MAT - 31/03/2024
0.48
SOV
NCDs
HDFC Ltd.
6.18
CRISIL AAA
National Bank For Agriculture & Rural Development
4.80
ICRA AAA
REC Ltd
4.07
CRISIL AAA
Food Corporation Of India
3.23
CRISIL AAA(CE)
L&T Finance Ltd.
1.77
CRISIL AAA
India Grid Trust
1.61
CRISIL AAA
Reliance Industries Ltd.
1.61
CRISIL AAA
Indian Oil Corporation Ltd.
1.59
CRISIL AAA
Hindustan Petroleum Corporation Ltd.
1.26
CRISIL AAA
Axis Finance Ltd
0.79
CRISIL AAA
Sikka Ports & Terminals Ltd.
0.66
CRISIL AAA
Securitised Debt
First Business Receivable Trust$
0.35
IND AAA(SO)
Net Current assets
19.02
Total
100.00
Top 10 scrips in the portfolio
$Underlying customer - Reliance Group Company.

Fund Performance Vs Benchmark (CAGR) as on 31st October, 2021 Growth of 10000
Period
NAV Growth (%)
CRISIL Ultra Short Term Bond Index
CRISIL 10 Year Gilt Index  (%)
NAV Growth 
()
CRISIL Ultra Short Term Bond Index ()
CRISIL 10 Year Gilt Index ()
1 Year
3.64
4.15
1.64
10,364
10,415
10,164
3 Years
6.53
6.31
8.28
12,092
12,017
12,698
Since inception*
6.55
6.31
8.23
12,101
12,019
12,683

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’. No of Schemes Managed by Mr. Amandeep S. Chopra is 12 & Mr. Sudhir Agrawal is 6. The above scheme is in existence for less than 5 years.

Period
Investment Amount ()
Value- Fund ()
CRISIL Ultra Short
Term Bond
Index ()
CRISIL 10 Year
Gilt Index
()
Yield (%) Fund
Yield (%)
CRISIL Ultra Short Term
Bond Index
Yield (%)
CRISIL 10 Year
Gilt Index
1 Year
120,000
122,442
122,609
122,168
3.84
4.10
3.41
3 Years
360,000
391,938
390,518
387,587
5.62
5.38
4.87
Since inception
360,000
391,938
390,518
387,587
5.62
5.38
4.87

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.

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