|Risk||Low to Moderate|
|Min SIP Amount||₹10000|
|NAV||₹1251.80 (23 Jul 2021)|
|Fund Started||18 Oct 2015|
|Fund Size||₹6,636 Cr|
|Reserve Bank of India||Financial||T-Bills||16.2%|
|Reserve Bank of India||Financial||T-Bills||5.9%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.5%|
|IDFC First Bank Ltd.||Financial||CD||3.7%|
|Bajaj Housing Finance Ltd.||Financial||CP||3.6%|
|Reserve Bank of India||Financial||T-Bills||3.0%|
|Export-Import Bank Of India||Financial||CD||3.0%|
|Reserve Bank of India||Financial||T-Bills||2.6%|
UTI Money Market Fund Direct IDCW 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 IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹6,636 Cr and the Latest NAV as of 23 Jul 2021 is ₹1251.80.
The UTI Money Market Fund Direct IDCW Fortnightly is rated Low to Moderate 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.