UTI Money Market Fund Direct Dividend Fortnightly+0.03%

4Groww
8.69%
1 Year Return
Debt
Money Market
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

UTI Money Market Fund Direct Dividend Fortnightly

RiskModerately Low
Min SIP Amount₹10000
Expense Ratio0.17%
NAV1250.61 (11 Oct 2019)
Fund Started18 Oct 2015
Fund Size6,584 Cr

Returns

1Y
3Y*
5Y*
Since inception*
UTI Money Market Fund Direct Dividend Fortnightly
8.7%
7.7%
7.9%
8.3%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
8
6
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 8.7% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    UTI Liquid Cash Direct-GrowthFinancialMutual Fund6.1%
    Export-Import Bank Of IndiaFinancialCD4.8%
    Andhra BankFinancialCD4.8%
    Can Fin Homes Ltd.FinancialCP4.3%
    National Bank For Agriculture & Rural DevelopmentFinancialCP3.7%
    Oriental Bank of CommerceFinancialCD3.5%
    Tata Motors Ltd.AutomobileCP3.0%
    Cholamandalam Investment & Finance Co. Ltd.FinancialCP2.9%
    ICICI Bank Ltd.FinancialCD2.9%
    Small Industries Devp. Bank of India Ltd.FinancialSecuritised Debt2.9%
    See All

    Fund Managers

    addAmandeep Singh Chopra
    Education
    Mr. Chopra is a B.Sc. from St.Stephen's College and an MBA from FMS, Delhi.
    Experience
    He has been with associated with UTI AMC for over two decades.
    Funds Managed

    Other Details

    UTI Money Market Fund Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 18 Oct 2015. Amandeep Chopra, Amit Sharma is the Current Fund Manager of UTI Money Market Fund Direct Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹6,584 Cr and the Latest NAV as of 11 Oct 2019 is ₹1250.61.

    The UTI Money Market Fund Direct Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is 10000. Minimum Lumpsum Investment is 10000. Nil.

    Investment Objective

    The investment objective of the scheme is to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments.

    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)

    ₹10000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About UTI Mutual Fund

    Address
    UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
    Phone
    022-66786666
    Launch Date
    31 Jan 2003
    Website
    NA
    UTI Mutual Fund
    Asset Management Company
    Custodian
    Stock Holding Corp. of India Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹10,000
    + ₹50,000
    + ₹1,00,000
    ONE TIME
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