UTI Floater Fund(G)-Direct Plan
This fund ranks 8th out of 12 funds in its category.
Strengths and Weaknesses
The fund demonstrates a low level of volatility as the standard deviation is low.
Relatively low modified duration indicates that it is less affected by changes in interest rates in the market, suggesting lower risk for the fund.
There is possibility for lower returns as the fund maintains a low Yield to Maturity (YTM)
The fund holds low quality bonds and securities, along with a concentrated portfolio.
Low AUM may result in limited portfolio diversification.
Historically the fund has generated low returns.
Who should invest?
Those looking for a short-term savings solution with a time horizon of 3 to 5 years should invest in this fund. Low risk takers because this fund is less affected by changes in interest rates.
Who should avoid?
Those who want to take bet on interest rate movement and invest for a long duration should avoid this fund
This analysis is updated as on March 2025.
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
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