UTI Floating Interest Rates Fund Direct-Growth
Debt: Floating Interest Rate - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Floating Interest RateBenchmark: CRISIL Short Duration Debt A-II IndexCheck Portfolio Overlap →
NAV: ₹1,685.72+0.06%
07 Sept 2026
Similar Funds
Side-by-side comparison of UTI Floating Interest Rates Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +6.57% | 6.54% | 7 / 12 |
| 3Y Return | +7.18% | 7.72% | 12 / 12 |
| 5Y Return | +6.34% | 6.81% | 12 / 12 |
| 10Y Return | — | 6.47% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Floating Interest Rate
Top funds by AUM in the Debt: Floating Interest Rate category — see how UTI Floating Interest Rates Fund Direct-Growth compares on size and returns.
Funds Tracking CRISIL Short Duration Debt A-II Index
Top funds tracking the CRISIL Short Duration Debt A-II Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to UTI Floating Interest Rates Fund Direct-Growth?
Funds similar to UTI Floating Interest Rates Fund Direct-Growth in the Debt: Floating Interest Rate category include HDFC Floating Interest Rates Fund Direct Plan-Growth, Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth, and ICICI Prudential Floating Interest Rates Fund Direct-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 Floating Interest Rates Fund Direct-Growth in its category?
On a 3-year return basis UTI Floating Interest Rates Fund Direct-Growth is ranked 12 out of 12 funds in the Debt: Floating Interest Rate category as of 6 Sep 2026. On a 5-year return basis it ranks 12 out of 12. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does UTI Floating Interest Rates Fund Direct-Growth's expense ratio compare to similar funds?
UTI Floating Interest Rates Fund Direct-Growth has an expense ratio of 0.44%. The peers HDFC Floating Interest Rates Fund Direct Plan-Growth has an expense ratio of 0.27% and Aditya Birla Sun Life Floating Interest 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 Floating Interest Rates Fund Direct-Growth's AUM compare to similar funds?
UTI Floating Interest Rates Fund Direct-Growth has an AUM of ₹1,519.48 crore. The peers HDFC Floating Interest Rates Fund Direct Plan-Growth has an AUM of ₹16,133.3 crore and Aditya Birla Sun Life Floating Interest Rate Direct Fund-Growth has ₹13,211.5 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: Floating Interest Rate?
The top performing fund in the Debt: Floating Interest Rate category on a 3-year basis is Axis Floating Interest Rates Fund Direct-Growth with a CAGR of 8.40% as of 6 Sep 2026. UTI Floating Interest Rates Fund Direct-Growth has delivered 7.18% 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 Floating Interest Rates Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, UTI Floating Interest Rates Fund Direct-Growth has a Sharpe ratio of 1.60 compared to the Debt: Floating Interest Rate average of 1.58 as of 6 Sep 2026. It ranks 7 out of 12 funds in its category on Sharpe ratio.