About UTI Floating Interest Rates Fund
UTI Floating Interest Rates Fund is a floater fund managed by UTI Mutual Fund. Invest at least 65% in floating-rate instruments, whose interest resets with market rates.
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.
The scheme's stated objective, as published by UTI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹1,685.4585 | 145295 |
| Direct | Annual IDCW | ₹1,542.904 | 145293 |
| Direct | Flexi IDCW | ₹1,587.8294 | 145291 |
| Direct | Half yearly IDCW | ₹1,536.2985 | 145296 |
| Direct | Quarterly IDCW | ₹1,435.3484 | 145290 |
| Regular | Growth | ₹1,602.3877 | 145287 |
| Regular | Annual IDCW | ₹1,521.7732 | 145289 |
| Regular | Flexi IDCW | ₹1,464.8654 | 145292 |
| Regular | Half yearly IDCW | ₹1,415.1529 | 145288 |
| Regular | Quarterly IDCW | ₹1,298.0229 | 145294 |
Frequently asked questions
What is the NAV of UTI Floating Interest Rates Fund today?
The NAV of UTI Floating Interest Rates Fund (Direct plan, Growth) is ₹1,685.4585 and the Regular plan NAV is ₹1,602.3877, as of 18 Sept 2026.
What returns has UTI Floating Interest Rates Fund given?
Over the last year the Direct plan returned 6.29%, and 7.12% a year over 3 years and 6.32% a year over 5 years. That places it 12 of 12 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of UTI Floating Interest Rates Fund?
The Direct plan charges 0.44% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in UTI Floating Interest Rates Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.
How much has UTI Floating Interest Rates Fund fallen in the past?
Its deepest fall was 1.5% from 6 Mar 2020 to 24 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
Which category does UTI Floating Interest Rates Fund belong to?
It is a Floater Fund from UTI Mutual Fund. Invest at least 65% in floating-rate instruments, whose interest resets with market rates.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from UTI Floating Interest Rates Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.