Funds similar to UTI Floater Fund Direct-Growth in the Debt: Floater category include HDFC Floating Rate Debt Fund Direct Plan-Growth, Aditya Birla Sun Life Floating Rate Direct Fund-Growth, and ICICI Prudential Floating Interest Fund Direct Plan-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

What is the rank of UTI Floater Fund Direct-Growth in its category?

On a 3-year return basis UTI Floater Fund Direct-Growth is ranked 12 out of 12 funds in the Debt: Floater category as of 16 Jul 2026. On a 5-year return basis it ranks 11 out of 11. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

How does UTI Floater Fund Direct-Growth's expense ratio compare to similar funds?

UTI Floater Fund Direct-Growth has an expense ratio of 0.42%. The peers HDFC Floating Rate Debt Fund Direct Plan-Growth has an expense ratio of 0.27% and Aditya Birla Sun Life Floating Rate Direct Fund-Growth has 0.25%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

How does UTI Floater Fund Direct-Growth's AUM compare to similar funds?

UTI Floater Fund Direct-Growth has an AUM of ₹1,557.35 crore. The peers HDFC Floating Rate Debt Fund Direct Plan-Growth has an AUM of ₹16,451.6 crore and Aditya Birla Sun Life Floating Rate Direct Fund-Growth has ₹13,519.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Which fund has the best 3-year returns in the Debt: Floater?

The top performing fund in the Debt: Floater category on a 3-year basis is Axis Floater Fund Direct-Growth with a CAGR of 8.41% as of 16 Jul 2026. UTI Floater Fund Direct-Growth has delivered 7.17% CAGR over the same period, ranking 12 out of 12 funds. You can view and compare the full category ranking on sharpely.

How does UTI Floater Fund Direct-Growth rank in risk-adjusted returns vs peers?

On a risk-adjusted basis, UTI Floater Fund Direct-Growth has a Sharpe ratio of 1.57 compared to the Debt: Floater average of 1.72 as of 16 Jul 2026. It ranks 7 out of 12 funds in its category on Sharpe ratio.