|Min SIP Amount||₹10000|
|NAV||₹1251.62 (07 Aug 2020)|
|Fund Started||18 Oct 2015|
|Fund Size||₹5,456 Cr|
|Reliance Industries Ltd.||Energy||CP||6.2%|
|Larsen & Toubro Ltd.||Construction||CP||5.4%|
|Indusind Bank Ltd.||Financial||CD||4.4%|
|Export-Import Bank Of India||Financial||CD||3.6%|
|Motilal Oswal Financial Services Ltd||Financial||CP||3.6%|
|ICICI Bank Ltd.||Financial||CD||3.6%|
|IDFC First Bank Ltd.||Financial||CD||3.6%|
|Tata Capital Housing Finance Ltd.||Financial||CP||3.6%|
|National Bank For Agriculture & Rural Development||Financial||CD||3.1%|
UTI Money Market Fund Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 18 Oct 2015. Amandeep Chopra, Amit Sharma is the Current Fund Manager of UTI Money Market Fund Direct Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹5,456 Cr and the Latest NAV as of 07 Aug 2020 is ₹1251.62.
The UTI Money Market Fund Direct Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is set to 10000. Minimum Lumpsum Investment is 10000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.