UTI Floating Interest Rates Fund
- NAV as on 24 Sep 2026
- ₹1,602.92-0.05%1 day
- Return since launch
- 6.1%
- 52-week range
- ₹1,515.89 — ₹1,603.70
- AUM
- ₹1,575 Cr
UTI Floating Interest Rates Fund is a Floater debt fund from UTI Mutual Fund with ₹1,575 Cr under management, launched in 2018. Over three years it has returned 6.4% a year, against 7.2% for its category. The expense ratio is 0.86% and the SEBI riskometer reading is Low to Moderate.
Performance
UTI Floating Interest Rates Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.7% against +5.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.8% | 0.0 pts | 5.8% | 5.5% |
| 2Y | 6.0% | −0.2 pts | 6.2% | 6.1% |
| 3Y | 6.4% | −0.8 pts | 7.2% | 6.7% |
| 5Y | 6.4% | 0.0 pts | 6.4% | 6.8% |
| 7Y | 6.0% | −0.5 pts | 6.6% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | +0.1 pts | 0.2% | 0.2% |
| 3M | 1.3% | +0.2 pts | 1.1% | 1.0% |
| 6M | 3.1% | −0.1 pts | 3.3% | 3.0% |
| 1Y | 5.7% | −0.1 pts | 5.8% | 5.6% |
| 2Y | 6.5% | −0.3 pts | 6.8% | 6.8% |
| 3Y | 6.6% | −0.6 pts | 7.2% | 7.1% |
| 5Y | 5.8% | −0.5 pts | 6.4% | 6.3% |
| 7Y | 5.8% | −0.7 pts | 6.5% | 6.4% |
Since launch (12 Oct 2018): 6.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.0% | −1.0 pts | 8.0% |
| 2024 | 7.0% | −1.6 pts | 8.5% |
| 2023 | 6.8% | −1.0 pts | 7.7% |
| 2022 | 3.8% | −0.7 pts | 4.5% |
| 2021 | 3.2% | −1.0 pts | 4.1% |
| 2020 | 7.5% | −2.1 pts | 9.6% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.86%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.75%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Duration Debt A-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.01 | 1.19 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.50 | 2.20 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.77 | 1.39 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
UTI Floating Interest Rates Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt94.7%
- Other5.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | 7.89% | ₹124 Cr | +3.20% | +3.25% | +3.30% |
| Others | Others | 5.65% | ₹88.91 Cr | +0.98% | +0.97% | +0.95% |
| Power Finance Corporation Ltd. | Financial | 5.41% | ₹85.19 Cr | +4.82% | +4.91% | +4.99% |
| National Bank For Agriculture & Rural Development | Financial | 4.77% | ₹75.17 Cr | +1.60% | +1.61% | +1.63% |
| REC Ltd. | Financial | 4.76% | ₹75.00 Cr | +9.59% | +9.72% | +9.86% |
| Embassy Office Parks REIT | Construction | 4.76% | ₹74.97 Cr | +6.39% | +6.42% | +3.26% |
| Tata Capital Housing Finance Ltd. | Financial | 4.75% | ₹74.79 Cr | +6.35% | +6.43% | +6.50% |
| Canara Bank | Financial | 4.64% | ₹73.07 Cr | +6.10% | — | — |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 3.20% | ₹50.40 Cr | +3.22% | +3.29% | +3.34% |
| company:4671 | Financial | 3.19% | ₹50.22 Cr | +1.60% | +1.61% | +1.64% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 3.18% | ₹50.10 Cr | +1.60% | +1.62% | +1.64% |
| LIC Housing Finance Ltd. | Financial | 3.18% | ₹50.02 Cr | +3.19% | +3.20% | +3.29% |
| Bharti Telecom Ltd. | Communication | 3.15% | ₹49.65 Cr | +1.58% | +1.60% | — |
| Poonawalla Fincorp Ltd. | Financial | 2.70% | ₹42.44 Cr | +3.19% | +2.25% | — |
| Mindspace Business Parks REIT | Construction | 2.23% | ₹35.14 Cr | +2.24% | +2.28% | +2.31% |
| Can Fin Homes Ltd. | Financial | 1.91% | ₹30.11 Cr | +1.92% | +1.95% | — |
| GOI | Sovereign | 1.62% | ₹25.57 Cr | +1.64% | +1.68% | +1.68% |
| Maharashtra State | Others | 1.62% | ₹25.53 Cr | +1.62% | +1.66% | +1.67% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 1.59% | ₹25.06 Cr | +1.60% | +1.63% | +1.66% |
| Sikka Ports and Terminals Ltd. | Energy | 1.59% | ₹25.04 Cr | +1.60% | +1.61% | +1.64% |
| Kotak Mahindra Prime Ltd. | Financial | 1.59% | ₹25.04 Cr | +1.60% | — | — |
| Bajaj Finance Ltd. | Financial | 1.58% | ₹24.95 Cr | +1.59% | +1.61% | +1.64% |
| Sundaram Finance Ltd. | Financial | 1.58% | ₹24.86 Cr | +2.98% | +3.21% | +3.24% |
| Radhakrishna Securitisation Trust | Others | 1.54% | ₹24.26 Cr | +1.56% | +1.60% | — |
| India Universal Trust AL1 | Others | 1.08% | ₹17.03 Cr | +1.13% | +1.17% | +1.23% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 6.42% | 0.00% | -6.42% |
| Export-Import Bank Of India | 4.78% | 0.00% | -4.78% |
| company:4671 | 0.00% | 3.19% | +3.19% |
| Canara Bank | 6.37% | 4.64% | -1.73% |
| REC Ltd. | 3.30% | 1.59% | -1.71% |
| Union Bank of India | 1.58% | 0.00% | -1.58% |
| Sundaram Finance Ltd. | 3.12% | 1.58% | -1.54% |
| Mahindra & Mahindra Financial Services Ltd. | 1.65% | 3.18% | +1.53% |
| Bharti Telecom Ltd. | 1.63% | 3.15% | +1.52% |
| Power Finance Corporation Ltd. | 1.66% | 2.22% | +0.56% |
| National Bank For Agriculture & Rural Development | 4.95% | 4.77% | -0.17% |
| Summit Digitel Infrastructure Pvt. Ltd. | 3.33% | 3.20% | -0.13% |
| Tata Capital Housing Finance Ltd. | 3.28% | 3.16% | -0.12% |
| Embassy Office Parks REIT | 3.29% | 3.18% | -0.11% |
| Mindspace Business Parks REIT | 2.31% | 2.23% | -0.08% |
| Can Fin Homes Ltd. | 1.98% | 1.91% | -0.07% |
| Maharashtra State | 1.69% | 1.62% | -0.07% |
| Jamnagar Utilities and Power Pvt. Ltd. | 1.66% | 1.59% | -0.06% |
| GOI | 1.69% | 1.62% | -0.06% |
| Radhakrishna Securitisation Trust | 1.60% | 1.54% | -0.06% |
| LIC Housing Finance Ltd. | 1.65% | 1.59% | -0.06% |
| Kotak Mahindra Prime Ltd. | 1.65% | 1.59% | -0.06% |
| Small Industries Devp. Bank of India Ltd. | 1.65% | 1.59% | -0.06% |
| Bajaj Finance Ltd. | 1.64% | 1.58% | -0.06% |
| Poonawalla Fincorp Ltd. | 1.64% | 1.59% | -0.06% |
| India Universal Trust AL1 | 1.14% | 1.08% | -0.06% |
| Sikka Ports and Terminals Ltd. | 1.65% | 1.59% | -0.06% |
| Others | 0.34% | 0.33% | -0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,059 Cr | 0.65% | 6.2% | 6.9% | 7.0% |
 ICICI Prudential Floating Interest Rates Fund | ₹9,119 Cr | 0.85% | 5.7% | 6.8% | 7.0% |
 SBI Floating Interest Rates Fund | ₹688 Cr | 0.42% | 6.5% | 7.0% | 7.1% |
 Bandhan Floating Interest Rates Fund | ₹228 Cr | 0.71% | 6.3% | 6.9% | 6.9% |
 Axis Floating Interest Rates Fund | ₹149 Cr | 0.53% | 7.0% | 7.4% | 7.5% |
 Tata Floating Interest Rates Fund | ₹114 Cr | 0.72% | 5.7% | 6.6% | 6.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Pankaj PathakMr. Pankaj is a CFA (CFA Institute, USA) and PG Diploma in Banking & Finance (NIBM, Pune).Prior to joining UTI AMC, he has worked with Quantum Asset Management Company and Bank of Maharashtra in Treasury Department.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.13% absolute | ₹60,000 | ₹61,878 | 3.13% | |
| 1 year5.72% annualised | ₹1,20,000 | ₹1,23,784 | 3.15% | |
| 3 years6.62% annualised | ₹3,60,000 | ₹3,99,221 | 10.89% | |
| 5 years5.83% annualised | ₹6,00,000 | ₹6,98,035 | 16.34% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.