|Min SIP Amount||₹500|
|NAV||₹1519.02 (21 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹5,341 Cr|
UTI Overnight Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,341 Cr and the Latest NAV as of 21 Jan 2021 is ₹1519.02.
The UTI Overnight Fund Direct Dividend is rated Low 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.