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UTI - Floating Rate Fund STP

Rating (source: Value Research)

NAV as on 31/07/2015 for

Rs. 1112.8980.3249 (0.03%)

This product is suitable for investors who are seeking*:

  • Long term capital appreciation
  • Investment in equity instruments (maximum-40%) and debt instruments
  • Moderately Low Level

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

SMS: LNF to 5676756to get scheme details and NAV
  • Overview

  • Performance

  • Portfolio

  • Fund
    Manager
  • Scheme
    Documents
  • Load
    Structure
  • Management
    Commentary
Investment Objective

To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market 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.

Investment Information
Launch Date
29th August, 2003
Fund size (Quarterly average as on 30/06/2015)
Rs. 4014.17 Crore
NAV per unit as on Jul 31, 2015
Weekly Dividend Option: Rs. 1112.90
No of units Holding accounts
50452
Weighted Average Maturity
0.81 Years
Minimum Investment Amount
  Rs.5,000/-
Dividend declared ( Record date Recent 3 Dividends)
1.90% in July, 2015 (28th July, 2015)
1.77% in July, 2015 (21st July, 2015)
1.70% in July, 2015 (14th July, 2015)
Options Available

Growth, Daily Div. Reinvestment, Weekly Div. Reinvestment Option, Flexi dividend option

(SIP, SWP)

Fund Managers
 

Mr. Amandeep Singh Chopra

Mr. Amandeep Singh Chopra is a graduate from St. Stephens College, Delhi and an MBA from FMS, Delhi.

Know More
Fund Managers

Mr Manish Joshi

Manish Joshi is M.Sc, MFM.

Know More
Who Should Invest
  1. The UTI Floating Rate Fund aims at generating regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed debt.
  2. This fund also offers a moderate level of defense against volatile debt markets.

Scenario 1:
Mr.Singh has invested Rs.1,00,000 in this fund since December 2000. See how his funds have performed over time.

Scenario 2:
Mr.Singh has invested Rs.1,00,000 in this fund since December 2000. See how his funds have performed over time.

Credit Profile of Debt
Asset Allocation
Portfolio as on June 30, 2015
Debt % to NAV Rating
   
  • Net Current assets
11.73
     
CP / CDs    
  • ✓CORPORATION BANK
9.31 CRISIL A1+
  • ✓BANK OF INDIA
7.00 CRISIL A1+
  • ✓PUNJAB & SIND BANK LTD.
5.59 ICRA A1+
  • ✓CANARA BANK
4.48 CRISIL A1+
  • ✓ANDHRA BANK
4.48 CARE A1+
  • INDIAN BANK
3.13 IND A1+
  • SMALL INDST. DEV. BANK OF INDIA
2.68 CARE A1+
  • ICICI BANK LTD
1.79 ICRA A1+
  • IFMR CAPITAL FINANCE PVT LTD.
0.90 ICRA A1+
     
FRBs    
  • SHRIRAM TRANSPORT FINANCE CO.LTD.
2.56 CARE AA+
     
Govt Securities    
  • ✓3.79% GOI FRB 211220
3.78 SOV
  • 91 D TBILL MAT -10/09/15
2.88 SOV
     
NCDs    
  • ✓HDFC LTD.
5.68 CRISIL AAA
  • ✓DEWAN HSG FINANCE CORPORATION LTD
4.74 CARE AAA
  • ✓DALMIA CEMENT (BHARAT) LTD
4.56 ICRA AA-
  • ✓RELIGARE FINVEST LTD.
4.55 IND AA-
  • INDIABULLS HOUSING FINANCE LTD.
3.78 CARE AAA
  • JSW STEEL LTD.
2.87 CARE AA
  • EXIM BANK
2.83 CRISIL AAA
  • L & T INFRASTRUCTURE FINANCE COMPANY LIMITED
1.89 CARE AA+
  • FUTURE RETAIL LTD.
1.88 CARE AA-
  • SREI EQUIPMENT FINANCE LTD.
1.69 CARE AA
  • ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD
1.15 ICRA AA-
  • KKR INDIA FINANCAIL SERVICES PVT LTD
1.07 CRISIL AA
  • VEDANTA LTD
0.95 CRISIL AA+
  • NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
0.56 CRISIL AAA
  • POWER FINANCE CORPORATION LTD.
0.47 CRISIL AAA
  • STERLITE INDUSTRIES (INDIA) LTD.
0.47 CRISIL AA+
  • RELIANCE JIO INFOCOMM LTD
0.47 CRISIL AAA
  • SHRIRAM TRANSPORT FINANCE CO.LTD.
0.08 IND AA+
  • L & T FINANCE LTD.
0.00 CARE AA+
     
Total 100  
     
All figures given are provisional and unaudited.
✓ Top 10 scripts in the portfolio.
Fund Manager - Biography
Fund Manager

Mr. Amandeep Singh Chopra

Mr. Amandeep Singh Chopra is a graduate from St. Stephens College, Delhi and an MBA from FMS, Delhi. He has worked with Aaina Exports Ltd. as a production co-ordinator and at Stenay Ltd. as a Quality Control Inspector. He has been with UTI AMC since 1994 and has been responsible for increasing the asset value in some select funds. He has achieved CPR1 and CPR2 ranking for several funds as a Fund Manager. Three of his funds namely UTI Liquid Cash Plan, UTI Liquid Cash Plan-Institutional and UTI Bond Fund have been awarded CNBC TV-18 Crisil Mutual Award. Presently, he is the Head of the Fixed Income Group at UTI.

Fund Manager - Biography
Fund Manager

Mr. Manish Joshi

Over 14 years of experience. Joined UTI AMC on February 1997 as Assistant Manager. He has worked in International Finance, Dealing and Funds Management – Income. Currently he is working in the capacity of Fund Manager UTI Liquid Cash Plan, UTI Fixed Maturity Plans, UTI Money Market Fund and UTI Floating Rate Fund STP

Download Fund Documents
Minimum Investment Amount Minimum amount of initial investment is Rs.5000/- and in multiples of Rs.1/- thereafter.
Minimum redemption amount Rs.1,000/- and in multiples of Rs.1/-.
Period of Holding Nil(w.e.f. October 01,
2012)
-
Entry Load Nil -
Exit Load(as % of NAV) - -
Our 3 step
online application process
1
Register at invest@uti to buy funds online.
2
Fill up the online application form and make payments online.
3
Print and sign the form and send it with required documents at our nearest office or our executive will come and collect them
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