Should I invest in UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND?

We don't give personal investment advice. UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 4.9%. 5-year CAGR: -0.01%.

UTI

UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND

Latest NAV

₹1,003.5556

As of

25 Feb 2021

2,806 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+0.01%	0.00	24 / 41	Q3
1W	+0.06%	+0.13%	-0.07	28 / 41	Q3
2W	+0.16%	+0.13%	+0.04	12 / 40	Q2
1M	+0.11%	+0.20%	-0.10	22 / 40	Q3
3M	-0.06%	+0.76%	-0.82	34 / 41	Q4
6M	+0.04%	+1.24%	-1.19	22 / 41	Q3
YTD	-0.06%	+1.17%	-1.23	35 / 41	Q4
1Y	+0.27%	-6.85%	+7.12	19 / 45	Q2
2Y	-0.09%	-7.29%	+7.20	36 / 43	Q4
3Y	-0.05%	+1.84%	-1.89	33 / 36	Q4
4Y	-0.06%	+1.91%	-1.97	31 / 31	Q4
5Y	-0.01%	+1.84%	-1.85	27 / 30	Q4
7Y	-0.03%	+1.81%	-1.84	29 / 30	Q4
10Y	+0.03%	+2.19%	-2.16	14 / 20	Q3
Inception	+0.03%	-7.05%	+7.08	33 / 45	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2021 YTD	-0.06%	-10.85%	+10.79	26 / 34
2020	+0.15%	-0.52%	+0.67	22 / 35
2019	-0.54%	+1.34%	-1.88	28 / 35
2018	+0.28%	+2.74%	-2.46	17 / 27
2017	-0.02%	+2.51%	-2.53	22 / 26
2016	-0.28%	+3.00%	-3.28	18 / 18
2015	-0.12%	+2.28%	-2.40	4 / 4
2014	-0.09%	+2.89%	-2.98	4 / 4
2013	-0.77%	-1.57%	+0.80	2 / 3
2012	+1.42%	+1.83%	-0.41	2 / 3
2011	+0.00%	+0.00%	+0.00	2 / 2

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

-0.02%

130 windows

min -3.7% · max 3.9%

38% positive

3-Year rolling

-0.01%

106 windows

min -1.3% · max 0.5%

58% positive

5-Year rolling

-0.01%

81 windows

min -0.8% · max 0.2%

57% positive

7-Year rolling

-0.03%

57 windows

min -0.5% · max 0.1%

68% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.50%

3-year · annualised

Sharpe ratio

-2.61

vs risk-free 6.5%

Sortino ratio

-2.92

Downside-only deviation

Max drawdown

-4.51%

Apr 2019 → Jun 2019

% positive months

52.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Daily IDCW Option	HDFC	₹10.1030	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
MAGNUM INSTA CASH FUND - DAILY DIVIDEND	SBI	₹2,371.0627	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Daily IDCW	ICICI Prudential	₹10.0696	3 Jun 2026
Franklin India Ultra Short Duration Fund - IDCW	Franklin India	₹10.6803	3 Jun 2026
Kotak Floater Long-Term-Growth	Kotak Mahindra	₹45.1033	3 Jun 2026
UTI - FLOATING RATE STP - INSTN GROWTH OPTION	UTI	₹3,193.4301	3 Jun 2026
PGIM India Ultra Short Duration Fund - Daily Dividend	PGIM India	₹10.0203	3 Jun 2026
Birla Sun Life Savings Fund - Discipline Advantage Plan	Birla Sun Life	₹330.9646	3 Jun 2026
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) - Income Distribution CUM Capital Withdrawal Option (IDCW)	Sundaram	₹1,066.5205	3 Jun 2026

Recent NAVs

Date	NAV
25 Feb 2021	₹1,003.5556
24 Feb 2021	₹1,003.4512
23 Feb 2021	₹1,003.2517
22 Feb 2021	₹1,003.2245
18 Feb 2021	₹1,002.9569
17 Feb 2021	₹1,002.7029
16 Feb 2021	₹1,002.5079
15 Feb 2021	₹1,002.3764
12 Feb 2021	₹1,002.0726
11 Feb 2021	₹1,001.9048

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 25 Feb 2021, the NAV of UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND is ₹1,003.5556. It's a Ultra Short Duration Fund from UTI, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND has NAV history starting from 15 Jul 2009, a track record of about 16 years 10 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND is managed by UTI. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND has delivered a absolute return of 0.27% — +7.12 pp ahead of the Ultra Short Duration Fund category average of -6.85%. The fund ranks #19 of 45 in its category — the second (Q2) quartile.

Over the trailing 3-year window, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND has delivered a CAGR of -0.05% — -1.89 pp behind the Ultra Short Duration Fund category average of 1.84%. The fund ranks #33 of 36 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND has delivered a CAGR of -0.01% — -1.85 pp behind the Ultra Short Duration Fund category average of 1.84%. The fund ranks #27 of 30 in its category — the bottom (Q4) quartile.

₹1 lakh invested in UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND exactly 10 years ago would be worth approximately ₹100,278 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.03%. The category average over the same window would have grown ₹1 lakh to ₹124,194.

A ₹10,000 monthly SIP in UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND over the last 5 years — total invested ₹600,000 — would be worth ₹600,687 today. That's an XIRR (money-weighted annualised return) of 0.04%.

A ₹10,000 monthly SIP for 10 years in UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND = ₹1,200,000 invested. It would currently be worth ₹1,200,081 (multiplier 1.00×). XIRR: 0.00%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND ranks #27 out of 30 funds in the Ultra Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.84%; this fund delivered -0.01%.

The worst peak-to-trough decline UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND has experienced over the last 5-year window is 4.93% — its NAV fell from a high on 04 Apr 2016 to a low on 07 Jun 2019. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND averaged -0.01% (best 0.15%, worst -0.76%). 57% of rolling windows ended positive. The 5-year Sharpe ratio is -3.25 — negative risk-adjusted performance.

In calendar year 2020, UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND returned 0.15% — beating the Ultra Short Duration Fund category average of -0.52% by 0.67 pp. It ranked #22 of 35 in its category that year.

UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. UTI - FLOATING RATE STP - INSTN DAILY DIVIDEND is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 4.9%. 5-year CAGR: -0.01%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.