|Min SIP Amount||₹500|
|NAV||₹2782.22 (27 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹7,024 Cr|
UTI Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amandeep Chopra is the Current Fund Manager of UTI Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,024 Cr and the Latest NAV as of 27 Oct 2020 is ₹2782.22.
The UTI Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.