|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1139.10 (11 Jun 2021)|
|Fund Started||30 Oct 2018|
|Fund Size||₹2,775 Cr|
|Reserve Bank of India||Financial||T-Bills||7.5%|
|Food Corporation of India||FMCG||Bonds||4.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.8%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
|Reserve Bank of India||Financial||T-Bills||3.7%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||CP||3.4%|
UTI Floater Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 30 Oct 2018. Amandeep Singh Chopra is the Current Fund Manager of UTI Floater Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹2,775 Cr and the Latest NAV as of 11 Jun 2021 is ₹1139.10.
The UTI Floater Fund Direct IDCW Yearly is rated Low to Moderate risk.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.