UTI Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amandeep Chopra is the Current Fund Manager of UTI Overnight Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,150 Cr and the Latest NAV as of 21 Aug 2019 is ₹2655.8.
The UTI Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
Aims to mobilise super annulations and provident funds and invest them in risk free securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment