Compare UTI Floater Fund vs Nippon India Floater Fund
Risk
Low to Moderate
Moderate
Rating
2.0
3.0
Min SIP Amount
₹500
₹100
Expense Ratio
0.86
0.64
NAV
₹1556.95
₹46.84
Fund Started
12 Oct 2018
23 Aug 2004
Fund Size
₹1553.68 Cr
₹8380.80 Cr
Exit Load
-
-
1 Year
5.88%
5.80%
3 Year
6.75%
7.39%
5 Year
5.66%
6.20%
Equity
0.00%
0.00%
Cash
5.21%
2.70%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
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.
The scheme aims to generate regular income through investment in a portfolio comprising substantially of floating rate debt. It would not invest more than 75% of its assets in fixed rate debt securities including fixed rate securitised debt, money market instruments and floating rate debt Instruments swapped for fixed returns.
Launch Date
12 Oct 2018
23 Aug 2004
