Fund Details
UTI Money Market Fund Direct Dividend Fortnightly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹10000 |
| Expense Ratio | 0.18% |
| NAV | ₹1250.18 (25 Jan 2021) |
|---|---|
| Fund Started | 18 Oct 2015 |
| Fund Size | ₹7,217 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 8.2% |
| Reserve Bank of India | Financial | T-Bills | 6.7% |
| Reserve Bank of India | Financial | T-Bills | 5.5% |
| Tata Power Co. Ltd. | Energy | CP | 4.8% |
| Reserve Bank of India | Financial | T-Bills | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.1% |
| Indusind Bank Ltd. | Financial | CD | 3.5% |
| GOI | Sovereign | GOI Sec | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.4% |
| Reserve Bank of India | Financial | T-Bills | 2.8% |
Fund Managers
UTI Money Market Fund Direct Dividend Fortnightly Details
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 ₹7,217 Cr and the Latest NAV as of 25 Jan 2021 is ₹1250.18.
The UTI Money Market Fund Direct Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 10000. Minimum Lumpsum Investment is 10000.
Investment Objective
The scheme seeks 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.
