MonitorDirect · GrowthWatch before adding
UTI Floating Interest Rates Fund
UTI Mutual FundIncome/Debt Oriented Schemes - Floating Interest Rates Fund8 years
- NAV
- 1,688.8743
- 29 Oct 2026
- 1Y
- +5.6%
- Trailing CAGR
- AUM
- ₹1,506.08 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer BANDHAN FLOATING INTEREST RATES FUND if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
8.0 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.45% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 45.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.6%
- 3Y+6.9%
- 5Y+6.3%
- 10Yn/a
- SI+6.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.4%
- 3Y+6.5%
- 5Y+6.7%
- 10Yn/a
- Since inception
- +6.8%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +6.5%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.9%
- 1211 daily-ending windows
- Median rolling 3Y
- +6.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 726 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.5%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 10 days
- Days below latest peak
- Time below peak
- +25%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 157 recovered episodes
- Longest recovery
- 35 days
- Trough to prior peak
6 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-1.5%
23 Apr 2020 – 8 May 2020
Trough 28 Apr 2020 · recovered in 10 days
-0.4%
6 Jun 2025 – 2 Jul 2025
Trough 13 Jun 2025 · recovered in 19 days
-0.3%
2 May 2022 – 31 May 2022
Trough 6 May 2022 · recovered in 25 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
50
Consistency
7
Risk-adjusted
76
Drawdown
96
Mean
46
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 42 holdings · top 10 are 45.1%.
- Top 5
- 28.5%
- Top 10
- 45.1%
- Largest holding
- 7.1%
- Effective holdings
- 30.1
Net Current Assets
Unspecified
7.1%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC
Financial
6.6%
CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100
Entities
5.0%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
Financial
5.0%
CANARA BANK CD 22JAN27
Financial
4.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANDHAN FLOATING INTEREST RATES FUND
Bandhan Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.6%
- Vol
- 0.8%
- Max DD
- -0.7%
- Sharpe
- 0.63
- 3Y win
- +13%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Franklin India Floating Interest Rates Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.9%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 0.89
- 3Y win
- +28%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HDFC Floating Interest Rates Fund
HDFC Mutual Fund
- 1Y
- +5.2%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -1.3%
- Sharpe
- 2.30
- 3Y win
- +46%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
SBI Floating Interest Rates Fund
SBI Mutual Fund
- 1Y
- +6.1%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -0.6%
- Sharpe
- 0.59
- 3Y win
- +22%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Tata Floating Interest Rates Fund
Tata Mutual Fund
- 1Y
- +5.3%
- 3Y
- +7.2%
- Vol
- 0.8%
- Max DD
- -0.6%
- Sharpe
- 0.86
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns