|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹1518.66 (22 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹6,077 Cr|
UTI Overnight Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,077 Cr and the Latest NAV as of 22 Jun 2021 is ₹1518.66.
The UTI Overnight Fund Direct IDCW is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
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.