DebtFloating Interest Rates FundDirectGrowthModerate

UTI Floating Interest Rates Fund

Q: What is the NAV of UTI Floating Interest Rates Fund?

As of 05 Oct 2026, the NAV of UTI Floating Interest Rates Fund is ₹1,689.01 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Floating Interest Rates Fund delivered?

UTI Floating Interest Rates Fund has returned +6.07% over 1 year, +7.08% per year over 3 years, +6.33% per year over 5 years and +6.82% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund charges an expense ratio of 0.44% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund's largest holdings are NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (6.3%), 06.36% GSEC Mat- 16/02/2031 (6.3%), GOI FRB - MAT 04/10/2028 (4.8%), NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (4.8%) and CANARA BANK - 22/01/2027 (4.6%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.6% and its worst peak-to-trough fall in our sample was -1.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 1.00 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Floating Interest Rates Fund's 1.00 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is benchmarked against the CRISIL Short Duration Debt A-II Index. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is managed by Pankaj Pathak at UTI.

Q: How is UTI Floating Interest Rates Fund taxed?

UTI Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

UTI Mutual Fund

NAV

₹1,689.01

+0.09% 1D

as of 05 Oct 2026

This is the Direct plan of UTI Floating Interest Rates Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+6.01%absolute

52-week rangePrev NAV ₹1,687.57

Latest ₹1,689.01

Low ₹1,593.28100th percentile of its 52-week rangeHigh ₹1,689.01

Scorecard

★☆☆☆☆1/5 vs 12 Floating Interest Rates Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Floating Interest Rates Fund (same plan and option).

PerformanceBelow avg

3Y CAGR +7.08% · ranks 12 of 12 Floating Interest Rates Funds

RiskLow

Volatility 0.6% vs 0.9% category avg

CostHigh

0.4% expense vs 0.3% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Floating Interest Rates Fund peers (0.6% vs 0.9%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

3-year return (+7.08%) trails the Floating Interest Rates Fund average (+7.64%)
Weaker risk-adjusted returns — Sharpe 1.00 below the Floating Interest Rates Fund average of 1.28
High expense ratio (0.44%) vs the Floating Interest Rates Fund average of 0.27%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.44%

Category 0.27%▲0.17%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

1.00

Category 1.28▼0.28

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹20,000

CRISIL Short Duration Debt A-II Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

31 Oct 2018

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.25%

Absolute return over the last 3 months (not annualized)

+1.24%

Absolute return over the last 6 months (not annualized)

+3.33%

Absolute return since 1 Jan of this year (not annualized)

+4.60%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+6.07%

3-year annualized return (CAGR)

+7.08%

5-year annualized return (CAGR)

+6.33%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.82%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.58%

Excess return per unit of total volatility (rf = 6.5%)

1.00

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

1.60

Largest peak-to-trough decline over full history

-1.46%

Benchmark ratios

Not shown for Floating Interest Rates Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Floating Interest Rates Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.25%	+0.09%	+0.16%
3M abs	+1.24%	+0.86%	+0.38%
6M abs	+3.33%	+3.56%	-0.23%
1Y CAGR	+6.07%	+5.96%	+0.11%
3Y CAGR	+7.08%	+7.64%	-0.56%
5Y CAGR	+6.33%	+6.83%	-0.50%

Category average across peers in Floating Interest Rates Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 11 peers in Floating Interest Rates Fund

1Y return

+6.07%

Beats 54.5% · rank #6

3Y return

+7.08%

Beats 0% · rank #12

5Y return

+6.33%

Beats 0% · rank #12

Sharpe

1.00

Beats 27.3% · rank #9

Sortino

1.60

Beats 36.4% · rank #8

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.10L

Absolute

+18.30%

XIRR

+6.87%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI Floating Interest Rates Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+4.60%
2025	+7.49%
2024	+7.54%
2023	+7.32%
2022	+4.29%
2021	+3.93%
2020	+8.51%
2019	+9.38%
2018part	+1.10%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,917

Expense ratio

0.44%

YTM (from holdings)

7.46%

Average maturity

0.97 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Floating Interest Rates Fund

Compare all


UTI Floating Interest Rates FundThis fund UTI · Direct · Growth	★☆☆☆☆	+6.07%	+7.08%	+6.33%	—	0.44%	—
Axis Floating Interest Rates Fund Axis · Direct · Growth	★★★★☆	+6.49%	+8.25%	+7.16%	—	0.22%	—
Franklin India Floating Interest Rates Fund Franklin Templeton · Direct · Growth	★★★☆☆	+6.42%	+8.01%	+7.17%	—	0.38%	—
Bandhan Floating Interest Rates Fund Bandhan · Direct · Growth	★★★☆☆	+6.34%	+7.78%	+6.79%	—	0.14%	—
ICICI Prudential Floating Interest Rates Fund ICICI Prudential · Direct · Growth	★★★★★	+6.44%	+7.71%	+7.03%	—	0.29%	—
DSP Floating Interest Rates Fund DSP · Direct · Growth	★★★☆☆	+5.23%	+7.66%	+6.64%	—	0.28%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt94.66%
Cash & Equivalents5.31%

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

PPPankaj PathakStart date not disclosed

Education

CFA, PGDM

Experience

associated with Bank of as Senior Manager handling Income Securities and November 2025

Funds managed (6)

All schemes Pankaj Pathak runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Pankaj Pathak

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of UTI Floating Interest Rates Fund?

As of 05 Oct 2026, the NAV of UTI Floating Interest Rates Fund is ₹1,689.01 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Floating Interest Rates Fund delivered?

UTI Floating Interest Rates Fund has returned +6.07% over 1 year, +7.08% per year over 3 years, +6.33% per year over 5 years and +6.82% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund charges an expense ratio of 0.44% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund's largest holdings are NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (6.3%), 06.36% GSEC Mat- 16/02/2031 (6.3%), GOI FRB - MAT 04/10/2028 (4.8%), NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (4.8%) and CANARA BANK - 22/01/2027 (4.6%). Holdings are disclosed monthly and change over time.

How risky is UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.6% and its worst peak-to-trough fall in our sample was -1.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 1.00 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Floating Interest Rates Fund's 1.00 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is benchmarked against the CRISIL Short Duration Debt A-II Index. Its alpha and beta on this page are measured against that index.

Who manages UTI Floating Interest Rates Fund?

UTI Floating Interest Rates Fund is managed by Pankaj Pathak at UTI.

How is UTI Floating Interest Rates Fund taxed?

UTI Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.