Please provide information about UTI Floating Rate Fund Short Term Plan

UTI Floating Rate Fund Short Term Plan is a ultra short term debt fund and ideal for your investment needs of 1 day to 1 year or more. The fund has performed well over the years and beaten the category returns of 1 year, 3 year and 5 year horizons.

If you want to invest surplus amount lying in your savings bank account then this is the right fund. The one year return of over 7% of this fund is much higher than that of the savings bank account interest which is around 4%.

Please see more details of this fund from here https://www.advisorkhoj.com/mutual-funds...

Thanks for writing to Advisorkhoj.