|Min SIP Amount||₹10000|
|NAV||₹1251.87 (22 Oct 2020)|
|Fund Started||18 Oct 2015|
|Fund Size||₹6,230 Cr|
|Reserve Bank of India||Financial||T-Bills||8.4%|
|Reserve Bank of India||Financial||T-Bills||4.8%|
|Reserve Bank of India||Financial||T-Bills||4.7%|
|Indusind Bank Ltd.||Financial||CD||4.0%|
|ICICI Bank Ltd.||Financial||CD||3.2%|
|IDFC First Bank Ltd.||Financial||CD||3.2%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.2%|
|Reliance Industries Ltd.||Energy||CP||3.2%|
|Reserve Bank of India||Financial||T-Bills||3.2%|
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 ₹6,230 Cr and the Latest NAV as of 22 Oct 2020 is ₹1251.87.
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 scheme seeks 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.